secwatch.observer — SEC 8-K summary
======================================

Issuer:     Karat Packaging Inc. (KRT)
CIK:        0001758021
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0001104659-22-010189
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Karat Packaging appoints Jian Guo as CFO effective Feb 1, 2022; Peter Lee to advise through March
--------------------------------------------------------------------------------

- Jian Guo appointed CFO; previously SVP & Corporate Controller at Resources Connection (RGP).
- Interim CFO Peter Lee will remain as advisor through March 31, 2022 for transition.
- CFO compensation: $350K base salary, 7,500 RSUs, 50,000 stock options, plus annual bonus.
- Severance: if terminated without cause, 6 months base salary and immediate equity vesting.
- No related party transactions between the company and Jian Guo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758021/000110465922010189/0001104659-22-010189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758021/000110465922010189/tm225004d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-010189

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer