[Form 4/A] Karman Holdings Inc. Amended Insider Trading Activity

Rhea-AI Filing Summary

Karman Holdings Inc. (KRMN) – Amended Form 4

Director Brian Raduenz reports the sale of 34,032 common shares on 07/25/2025, executed through the company’s registered public offering at a price of $49.00 per share (Code S). The transaction was made indirectly through RadzWest Capital LLC, where Raduenz serves as CEO.

• Proceeds: ≈ $1.67 million before fees.
• Post-sale holdings (corrected): 344,105 shares, all held indirectly.
• Stake change: Decrease of 34,032 shares (≈9% of prior reported holdings).
• Purpose of amendment: Original Form 4 (filed 07/29/2025) overstated post-offering ownership at 378,137 shares; this filing corrects the figure.

No derivative securities were reported. Raduenz remains a director and was not identified as an officer or ≥10% owner in this filing.

Positive

• None.

Negative

• Insider sale of 34,032 shares at $49 may be viewed as a minor bearish signal, trimming the director’s stake by ~9%.

Insights

Financial Analyst

TL;DR – Modest insider sale, mainly clerical correction; limited valuation impact.

The 34 k-share sale represents roughly nine percent of Raduenz’s previously disclosed stake and occurred within a broader public offering, suggesting liquidity management rather than a directional bet. Beneficial ownership remains substantial at 344 k shares, so alignment of interest is largely intact. The amendment simply corrects the share count, improving disclosure accuracy. Given the small size relative to KRMN’s reported float and absence of new operational data, the filing is unlikely to materially sway market sentiment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Raduenz Brian

(Last) (First) (Middle)

C/O KARMAN HOLDINGS INC.

5351 ARGOSY AVENUE

(Street)

HUNTINGTON BEACH CA 92649

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Karman Holdings Inc. [ KRMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
07/29/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/25/2025		S(1)		34,032	D	$49(1)	344,105(3)	I	See Footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares of the Issuer's Common Stock were sold by the Reporting Person pursuant to a registered public offering that closed on July 25, 2025, at a price of $49.00, before deducting underwriting discounts and commissions.

2. Shares are directly held by RadzWest Capital LLC, of which Brian Raduenz is the Chief Executive Officer.

3. This amendment is being filed to correct an error in reporting the amount of common stock beneficially owned following the registered public offering on July 25, 2025. The correct amount of common stock beneficially owned after the registered public offering is 344,105, not 378,137, as was originally reported on the Form 4 filed on July 29, 2025.

	/s/ Michael Willis, Attorney in Fact	08/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many KRMN shares did Director Brian Raduenz sell?

He sold 34,032 common shares on 07/25/2025.

What was the sale price of the KRMN shares?

The shares were sold at $49.00 each in a registered public offering.

What is Raduenz’s remaining ownership in Karman Holdings after the sale?

After the transaction, he beneficially owns 344,105 shares indirectly through RadzWest Capital LLC.

Why did Karman Holdings file an amended Form 4?

The amendment corrects the previously overstated post-sale ownership figure, revising it to 344,105 shares.

Does the filing indicate Raduenz is no longer a director or 10% owner?

No. The form confirms he is still a director; he is not listed as a ≥10% owner in this filing.