Karman Holdings Inc. (KRMN) CEO sells 75,000 shares via 10b5-1 plan

Rhea-AI Filing Summary

Karman Holdings Inc. Chief Executive Officer and director Tony Koblinski reported an insider sale of the company’s common stock. On December 12, 2025, an entity associated with him sold 75,000 shares of Karman Holdings common stock at a price of $69.31 per share, recorded as a sale transaction.

After this transaction, Koblinski beneficially owned 2,315,826 shares of Karman Holdings common stock indirectly. These shares are held by Tandem Trust u/t/a dated July 27, 2024, for which he is the primary beneficiary. The filing notes that the sale was made pursuant to a Rule 10b5-1 plan adopted on August 13, 2025.

Insider Trade Summary

Net Seller: 75,000 shares ($5,198,250)

Net Sell 1 txn

Insider Koblinski Anthony

Role Chief Executive Officer

Sold 75,000 shs ($5.20M)

Type	Security	Shares	Price	Value
Sale	Common Stock	75,000	$69.31	$5.20M

Holdings After Transaction: Common Stock — 2,315,826 shares (Indirect, See Footnote)

Footnotes (1)

1. Sale of shares pursuant to Rule 10b5-1 Plan adopted on August 13, 2025. Shares are directly held by Tandem Trust u/t/a dated July 27, 2024, of which Tony Koblinski is the primary beneficiary.

Form 4 Insider Transactions: What Each Field Means →

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
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Koblinski Anthony

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2025

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	12/12/2025		S(1)		75,000	D	$69.31	2,315,826	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. Sale of shares pursuant to Rule 10b5-1 Plan adopted on August 13, 2025.

2. Shares are directly held by Tandem Trust u/t/a dated July 27, 2024, of which Tony Koblinski is the primary beneficiary.

	By: /s/ Mike Willis, Attorney in Fact	12/15/2025
	** 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

What insider transaction did Karman Holdings (KRMN) report for Tony Koblinski?

The company reported that Chief Executive Officer and director Tony Koblinski sold 75,000 shares of Karman Holdings common stock in a single transaction.

When did the Karman Holdings (KRMN) insider share sale take place?

The reported sale of Karman Holdings common stock took place on December 12, 2025.

At what price were Karman Holdings (KRMN) shares sold in this insider transaction?

The 75,000 Karman Holdings common shares were sold at a price of $69.31 per share.

How many Karman Holdings (KRMN) shares does Tony Koblinski own after the sale?

Following the reported sale, Tony Koblinski beneficially owned 2,315,826 shares of Karman Holdings common stock, held indirectly.

How are Tony Koblinski’s Karman Holdings (KRMN) shares held?

The shares are held by Tandem Trust u/t/a dated July 27, 2024, of which Tony Koblinski is the primary beneficiary, and are reported as indirect ownership.

Was the Karman Holdings (KRMN) insider sale made under a Rule 10b5-1 plan?

Yes. The sale of 75,000 shares was made pursuant to a Rule 10b5-1 plan adopted on August 13, 2025.