[Form 4] Karman Holdings Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 insight – Karman Holdings (KRMN)

Director Brian Raduenz reported selling 34,032 common shares on 25 Jul 2025 at $49.00 per share through a registered public offering (transaction code “S”). Gross proceeds total roughly $1.67 million before fees. No derivative security dealings were disclosed.

After the sale, Raduenz, through RadzWest Capital LLC, still owns 378,137 shares, retaining a sizeable stake in the company. The filing does not provide operational or earnings data and involves no option exercises or new share grants.

• Shares sold: 34,032 (≈8 % of his indirect holdings)
• Average sale price: $49.00
• Remaining indirect ownership: 378,137 shares

The transaction slightly reduces insider ownership but also increases public float and trading liquidity. No other material events are mentioned.

Positive

• Director retains 378,137 shares, indicating continued commitment to the company.
• Sale conducted via registered public offering, potentially increasing share liquidity.

Negative

• Insider sale of 34,032 shares may create short-term negative sentiment.
• No accompanying explanation of use of proceeds or strategic rationale was provided.

Insights

Securities Analyst

TL;DR: Routine insider sale; modest size relative to holdings; limited market impact.

The 34 k-share sale represents about 8 % of Raduenz’s indirect stake and yields $1.7 m. Because he still owns 378 k shares, the divestiture does not signal a wholesale exit. Sales executed via a registered offering typically add float and may ease future liquidity. Absent earnings or guidance, the filing is informational and neutral from a valuation standpoint. Short-term sentiment could skew mildly negative given the ‘insider-selling’ headline, yet the remaining position suggests continued alignment with shareholders.

Corporate Governance Expert

TL;DR: No red flags—sale disclosed promptly, large residual stake maintains alignment.

Timely Section 16 reporting and clear footnotes indicate compliance with insider-trading rules. Conducting the sale through a public offering minimizes selective disclosure risk. The director’s sizable remaining stake (>370 k shares) supports ongoing board-shareholder alignment. Governance impact is negligible; there are no policy breaches or control shifts. Overall, the event is routine and not materially impactful.

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
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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)

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)	378,137	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.

	/s/ Michael Willis, Attorney in Fact	07/29/2025
	** 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 disposed of 34,032 common shares.

At what price were the KRMN shares sold?

The shares were sold at $49.00 each.

How many KRMN shares does Raduenz still own after the sale?

He indirectly owns 378,137 shares through RadzWest Capital LLC.

Was any derivative security activity reported in this Form 4?

No, the filing shows no options, warrants, or other derivatives.

Does the sale affect Raduenz’s role on Karman Holdings’ board?

The filing lists him as a Director; no change in position was disclosed.