Companies Karat Packaging Inc.
Karat Packaging (KRT): executive pay, fiscal 2025
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CEO pay, last three years
- $300,000FY2023
- $1,035,697FY2024
- $337,500FY2025
CEO total pay was $337,500 in fiscal 2025, down from $1,035,697 in fiscal 2024.
FY2025: salary $300,000 · bonus $0 · stock awards $0 · option awards $0
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Executives and directors
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Jian Guo | $350,000 | $0 | $0 | $0 | $0 | $0 | $37,500 | $387,500 |
| Chief Financial Officer | ||||||||
| Alan Yu | 300,000 | 0 | 0 | 0 | 0 | 0 | 37,500 | 337,500 |
| Chief Executive Officer | ||||||||
| Daniel Quire | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 |
| Chief Revenue Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Jian Guo | $387,500 | $1,092,620 | $357,500 | ↓ −705,120 |
| Alan Yu | 337,500 | 1,035,697 | 300,000 | ↓ −698,197 |
| Daniel Quire | 250,000 | 955,120 | 217,123 | ↓ −705,120 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Company's compensation philosophy is not explicitly detailed in the provided text, but the Compensation Committee oversees compensation policies, plans, and benefits programs, and reviews and approves compensatory contracts and arrangements with officers.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | — |
| Anti-pledging | — |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Jian Guo | RSU | 2024-03-12 | — | — | 24,000 | — | — |
| Daniel Quire | RSU | 2023-10-05 | — | — | 24,000 | — | — |
| Alan Yu | RSU | 2024-03-12 | — | — | 24,000 | — | — |
Vehicle mix — grant-date fair value by award type
Grant-level vehicle detail not disclosed.
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Alan Yu | RSU | 8,000 | — | $180,560 |
| Jian Guo | RSU | 8,000 | — | 180,560 |
| Daniel Quire | RSU | 8,000 | — | 180,560 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Eric ChenIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair) | $37,500 | $0 | — | — | $0 | $37,500 |
| Paul Y. ChenIndependent · Lead Independent Director · Audit (Chair) · Compensation · Nominating and Corporate Governance | 37,500 | 0 | — | — | 0 | 37,500 |
| Eve YenIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance | 37,500 | 0 | — | — | 0 | 37,500 |
| Alan YuEmployee director · Board Chair | — | — | — | — | — | 0 |
| Jian GuoEmployee director | — | — | — | — | — | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | — |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $7,500 |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $112,500 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $112,500 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Karat Packaging as a peer
Companies that benchmark against KRT
No companies currently name KRT as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Karat Packaging Inc. | 2025 | Alan Yu | $300,000 | $0 | $0 | $0 | $337,500 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-16 | 16,599,823 | 103,149 | 21,563 | 99.25% | Passed |
| 2025 | 2025-06-19 | 16,925,755 | 485,849 | 10,372 | 97.15% | Passed |
| 2024 | 2024-06-20 | 16,989,274 | 367,006 | 9,789 | 97.83% | Passed |
| 2023 | 2023-06-14 | 18,382,519 | 23,027 | 4,153 | 99.85% | Passed |
| 2022 | 2022-06-23 | 10,974,178 | 20,045 | 4,302 | 99.78% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-06-16 | 99.25%a |
| 2025 | 2025-06-19 | 97.15%b |
| 2024 | 2024-06-20 | 97.83%c |
a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote against this proposal.”.
b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote against this proposal.”.
c. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote against this proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (17 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Jian Guo. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 387,500. View filing ↗
- Section 01, Alan Yu. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 337,500. View filing ↗
- Section 01, Daniel Quire. DEF 14A, filed 2026-04-24. Section “Executive Compensation”. As printed: 250,000. View filing ↗
- Section 03, Jian Guo RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Daniel Quire RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Alan Yu RSU. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 08, Eric Chen. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 37,500. View filing ↗
- Section 08, Paul Y. Chen. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 37,500. View filing ↗
- Section 08, Eve Yen. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 37,500. View filing ↗
- Section 08, Alan Yu. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Jian Guo. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-17. Item 5.07 · say-on-pay result. As reported: 99.25% (votes for as printed: 16,599,823). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-06-20. Item 5.07 · say-on-pay result. As reported: 97.15% (votes for as printed: 16,925,755). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-21. Item 5.07 · say-on-pay result. As reported: 97.83% (votes for as printed: 16,989,274). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 112,500 + equity 0 + all other 0 = 112,500, summed across the director compensation table rows.
- Karat Packaging Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Karat Packaging Inc.'s own proxy. As printed: 337,500. View filing ↗