Insider Sale by Cheng Marvin (VP-Manufacturing, Secy)
Trade Summary
2 days ago, Cheng Marvin, serving as VP-Manufacturing, Secy at Karat Packaging Inc. (KRT), sold 4,500 shares at $47.33 per share, for a total transaction value of $212,985.00. Following this transaction, Cheng Marvin now holds 3,000 shares of KRT.
This sale represents a 60.00% decrease in Cheng Marvin's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, August 20, 2026 and publicly disclosed via SEC Form 4 filing on Saturday, August 22, 2026 (accepted Aug 21, 9:35 PM ET), 2 days after the trade was made.
Karat Packaging Inc. operates in the CONSUMER CYCLICAL sector, specifically within the PACKAGING & CONTAINERS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$47.33
Quantity
4,500
Total Value
$212,985.00
Shares Owned
3,000
Trade Date
2 days ago
SEC Filing Date
(accepted Aug 21, 9:35 PM ET)
Filed 2 days after trade
Discussion