CHENG MARVIN (VP-Manufacturing, Secy & Dir.) sold 7.4% of their position (500K shares) of KARAT PACKAGING INC. on the open market
Open‑market sale worth $10.50M — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 9/14/2023ACC: 0001213900-23-076683
DirectorOfficer10% Owner· VP-Manufacturing, Secy & Dir.
Since Apr 2021
-500K
Net shares
Net seller
$10.50M
Total sold
1
Open market trades
0B · 1S
1
Total transactions
500K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
−500K
Price / share
$21.00
Trade value
$10.50M
% of position
7.4%
9/12/2023
6.75M→6.25M
Total
Net shares
−500K
Net value
-$10.50M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/12/2023 | S · Sale | −500K | $21.00 | $10.50M | 7.4% | 6.75M | 6.25M |
| Total | −500K | -$10.50M | ||||||
Derivative Transactions0
No derivative transactions reported