# EDGAR Filing Document

**Accession Number:** 0001758021
**File Stem:** 0001758021-25-000005
**Filing Date:** 2025-11
**Character Count:** 10513
**Document Hash:** 37c4ed3d6212a052123d587c60e518a1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001758021-25-000005.hdr.sgml**: 20251105

**ACCESSION NUMBER**: 0001758021-25-000005

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20251104

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251105

**DATE AS OF CHANGE**: 20251105

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Karat Packaging Inc.
- **CENTRAL INDEX KEY:** 0001758021
- **STANDARD INDUSTRIAL CLASSIFICATION:** PLASTICS PRODUCTS, NEC [3089]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 832237832
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40336
- **FILM NUMBER:** 251452923

**BUSINESS ADDRESS:**
- **STREET 1:** 6185 KIMBALL AVENUE
- **CITY:** CHINO
- **STATE:** CA
- **ZIP:** 91708
- **BUSINESS PHONE:** 6269658882

**MAIL ADDRESS:**
- **STREET 1:** 6185 KIMBALL AVENUE
- **CITY:** CHINO
- **STATE:** CA
- **ZIP:** 91708

?xml version='1.0' encoding='ASCII'? krt-20251104

a..

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 4, 2025

**<u>Karat Packaging Inc.</u>**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **<u>Delaware</u>** | **<u>001-40336</u>** | **<u>83-2237832</u>** |
| (State or other jurisdiction of incorporation | (Commission File Number | (IRS Employer Identification No.) |

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**<u>6185 Kimball Avenue, Chino, CA 91708</u>**

(Address of principal executive offices) (Zip Code)

**<u>(626) 965-8882</u>**

Registrant's telephone number, including area code:

**<u>N/A</u>**

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **<u>Title of each class</u>** | **<u>Trading Symbol</u>** | **<u>Name of each exchange on which registered</u>** |
| Common Stock, $0.001 par value per share | KRT | The Nasdaq Stock Market LLC |

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Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b -2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.□

.

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a..

**Item 8.01 Other Events.**

On November 4, 2025, the Board of Directors (the "Board") of Karat Packaging Inc. (the "Company") declared a regular quarterly cash dividend of 0.45 per share (the "Quarterly Dividend") on the Company's common stock, which will be paid on or about November 28, 2025 to stockholders of record at the close of business on November 21, 2025.

Also on November 4, 2025, the Board approved a share repurchase program (the "Share Repurchase Program") authorizing the Company to repurchase up to $15.0 million of its common stock. Repurchases of the Company's outstanding common stock will be made in accordance with applicable securities laws and at such times, in such manner, prices and amounts as determined by the Company's Chief Executive Officer and Chief Financial Officer, including in open market transactions, through privately negotiated transactions, or pursuant to a trading plan separately adopted in the future, subject to the requirements of the Securities Exchange Act of 1934, as amended. The authorization for the Share Repurchase Program has no expiration, and may be modified, suspended or terminated at any time and for any reason at the discretion of the Company's Board. Under the Share Repurchase Program, no shares will be repurchased directly from directors or officers of the Company. The authorization for the Share Repurchase Program does not obligate the Company to purchase any particular amount of the Company's common stock.

On November 5, 2025, the Company issued a press release announcing that the Board has declared the Quarterly Dividend and approved the Share Repurchase Program.

A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

**Item 9.01 Financial Statements and Exhibits.**

*(d) Exhibits* 

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| | |
|:---|:---|
| Exhibit<br>Number | Description |
| 99.1 | <u>[Press release, dated](krt-20251105xdividendandsh.htm)[November 5](krt-20251105xdividendandsh.htm)[, 2025](krt-20251105xdividendandsh.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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a..

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| DATE: November 5, 2025 | KARAT PACKAGING INC. | KARAT PACKAGING INC. |
|  | By: | /s/ Jian Guo |
|  |  | Jian Guo |
|  |  | Chief Financial Officer |

---

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## Exhibit 99.1

![capturea.jpg](capturea.jpg)

**Karat Packaging Board Declares Quarterly Cash Dividend;**

**Initiates First-Ever Share Repurchase Program**

**CHINO, Calif., November 5, 2025 –** Karat Packaging Inc. (Nasdaq: KRT) (the "Company" or "Karat"), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors has declared a regular quarterly dividend of $0.45 per share on the Company's common stock. The dividend is payable on or about November 28, 2025, to stockholders of record as of November 21, 2025.

The board also authorized its first-ever share repurchase program to purchase up to $15.0 million of the Company's common stock.

"Today's announcement of Karat's new share repurchase program, along with our regular quarterly dividend declarations, reflect the board and management's continued confidence in the Company's growth potential and financial strength. We have built a transformative presence as a growth-oriented company in the foodservice packaging industry. While we continue to execute on our strategy of driving strong organic growth and explore strategic expansion opportunities, we remain committed to delivering long-term value to our shareholders," said Alan Yu, Chief Executive Officer.

The share repurchase of Karat's outstanding common stock will be made in accordance with applicable securities laws and at such time, in such manner, prices and amounts as determined by the Company's Chief Executive Officer and Chief Financial Officer, including in open market transactions, through privately negotiated transactions, or pursuant to a trading plan separately adopted in the future, subject to the requirements of the Securities Exchange Act of 1934, as amended. The authorization for the share repurchase program has no expiration date, and may be modified, suspended or terminated at any time and for any reason at the discretion of its Board of Directors. Under the share repurchase program, no shares will be repurchased directly from directors or officers of the Company. The authorization for the share repurchase program does not obligate Karat to purchase any particular amount of the Company's common stock.

**About Karat Packaging Inc.**

Karat Packaging Inc. is a specialty distributor and manufacturer of a wide range of disposable foodservice products and related items, primarily used by national and regional restaurants and in foodservice settings throughout the United States. Its products include food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. The Company's eco-friendly Karat Earth® line offers quality, sustainably focused products that are made from renewable resources. Karat also offers customized solutions, including new product development and design, printing, and logistics services. To learn more about Karat, please visit the Company's website at www.karatpackaging.com.

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**Caution Concerning Forward-Looking Statements**

Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements, including, but not limited to, financial strength, growth potential and delivering long-term value to shareholders, are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

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**Investor Relations and Media Contacts:**

PondelWilkinson Inc.

Judy Lin or Roger Pondel

310-279-5980

IR@karatpackaging.com