Michael Willis - Nov 17, 2025 Form 4 Insider Report for Karman Holdings Inc. (KRMN)

Role
Chief Financial Officer
Signature
By: /s/ Mike Willis
Stock symbol
KRMN
Transactions as of
Nov 17, 2025
Transactions value $
-$6,742,887
Form type
4
Date filed
11/18/2025, 12:11 PM
Previous filing
Jul 29, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Willis Michael Chief Financial Officer C/O KARMAN HOLDINGS INC., 5351 ARGOSY AVENUE, HUNTINGTON BEACH By: /s/ Mike Willis 2025-11-18 0002055826

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRMN Common Stock Sale -$6.74M -115K -11.8% $58.63 860K Nov 17, 2025 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.57 to $60.25. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Shares are directly held by Sundowner Trust u/t/a dated November 11, 2024, of which Mike Willis is the primary beneficiary.