KRT - Karat Packaging Chief Executive Officer Sold $10.50M In Company Stock | Benzinga
Alan Yu, Chief Executive Officer at Karat Packaging (NASDAQ:KRT), reported a large insider sell on September 14, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Yu sold 500,000 shares of Karat Packaging. The total transaction amounted to $10,500,000.
Karat Packaging shares are trading down 2.28% at $21.87 at the time of this writing on Friday morning.
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