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Karat Packaging Inc. Director's Dealing 2025

May 15, 2025

32831_dirs_2025-05-15_30a87e7a-cb71-45c4-b1dd-31f3f81a2ee9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Karat Packaging Inc. (KRT)
CIK: 0001758021
Period of Report: 2025-05-12

Reporting Person: Quire Daniel (Chief Revenue Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-05-12 Common Stock M 8000 Acquired 19769 Direct
2025-05-14 Common Stock F 2073 $30.0376 Disposed 17696 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-05-12 Restricted Stock Units $ M 8000 Disposed Common Stock (8000) Direct

Footnotes

F1: Represents shares of Karat Packaging Inc.'s common stock received upon the vesting of restricted stock units ("RSUs").

F2: The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $29.9501 to $30.2801, inclusive. The reporting person undertakes to provide to Karat Packaging Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The RSUs convert into common stock on a one-for-one basis.

F4: On March 12, 2024, the reporting person was granted 24,000 RSUs. These RSUs were scheduled to vest in three equal, annual installments beginning on May 12, 2024.