Marvin Cheng
Net Worth

Last updated:

What is Marvin Cheng net worth?

The estimated net worth of Mr. Marvin Cheng is at least $173,223,707 as of 19 Sep 2023. He owns shares worth $158,287,916 as insider, has earned $14,041,911 from insider trading and has received compensation worth at least $893,880 in Karat Packaging Inc..

What is the salary of Marvin Cheng?

Mr. Marvin Cheng salary is $223,470 per year as Vice President of Manufacturing & Sec. in Karat Packaging Inc..

How old is Marvin Cheng?

Mr. Marvin Cheng is 56 years old, born in 1969.

What stocks does Marvin Cheng currently own?

As insider, Mr. Marvin Cheng owns shares in one company:

Company Title Shares Price per share Total value
Karat Packaging Inc. (KRT) Vice President of Manufacturing & Sec. 6,099,727 $25.95 $158,287,916

What does Karat Packaging Inc. do?

Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.

Marvin Cheng insider trading

Karat Packaging Inc.

Mr. Marvin Cheng has made 16 insider trades between 2021-2023, according to the Form 4 filled with the SEC. Most recently he sold 150,000 units of KRT stock worth $3,150,000 on 19 Sep 2023.

The largest trade he's ever made was exercising 500,000 units of KRT stock on 12 Sep 2023. As of 19 Sep 2023 he still owns at least 6,099,727 units of KRT stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 150,000 $21 $3,150,000
Sale
Common Stock 500,000 $21 $10,500,000
Purchase
Common Stock 1,000 $13.44 $13,440
Sale
Common Stock 500 $18.25 $9,125
Sale
Common Stock 1,000 $18.13 $18,125
Sale
Common Stock 2,000 $18.28 $36,550
Sale
Common Stock 282 $18.3 $5,161
Sale
Common Stock 1,721 $18.2 $31,322
Sale
Common Stock 1,122 $18.26 $20,488
Sale
Common Stock 500 $18.5 $9,250
Sale
Common Stock 1,200 $18.77 $22,524
Sale
Common Stock 800 $18.56 $14,848
Sale
Common Stock 1,000 $18.6 $18,600
Sale
Common Stock 5,621 $19.88 $111,717
Sale
Common Stock 500 $21.5 $10,750
Sale
Common Stock 1,234 $21.5 $26,531
Sale
Common Stock 2,645 $21.52 $56,920
Purchase
Common Stock, $0.001 par value 200 N/A N/A
Purchase
Common Stock, $0.001 par value 100 N/A N/A
Purchase
Common Stock, $0.001 par value 100 N/A N/A
Purchase
Common Stock, $0.001 per value 5 N/A N/A

Karat Packaging key executives

Karat Packaging Inc. executives and other stock owners filed with the SEC:

  • Mr. Alan Yu (54) Chairman & Chief Executive Officer
  • Mr. Marvin Cheng (56) Vice President of Manufacturing & Sec.
  • Ms. Joanne Wang (53) Chief Operating Officer & Director