Karman director granted 1,962 RSUs in stock awards

Karman Holdings Inc. director David Stinnett reported an acquisition of 1,962 shares of Common Stock in the form of restricted stock unit (RSU) awards, granted at a per-share price of $0.00 on May 21, 2026.

Rhea-AI Filing Summary

Karman Holdings Inc. director David Stinnett reported an acquisition of 1,962 shares of Common Stock in the form of restricted stock unit (RSU) awards, granted at a per-share price of $0.00 on May 21, 2026.

The footnotes explain this consists of 431 RSUs under the company’s 2025 Non-Employee Director Compensation Policy that vest on July 24, 2026, and 1,531 RSUs under the 2026 policy that vest on January 1, 2027. After these awards, Stinnett directly holds 3,503,395 shares of Common Stock.

Insider Trade Summary

Grant/Award: 1,962 shares

Grant/Award 1 txn

Insider Stinnett David

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,962	$0.00	$0.00

Holdings After Transaction: Common Stock — 3,503,395 shares (Direct)

Footnotes (2)

1. F1. With respect to 431 shares, represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy for 2025. Each of these RSUs represents a contingent right to receive one share of the Common Stock upon settlement. Such shares will fully vest on July 24, 2026.
2. F2. With respect to 1,531 shares, represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy for 2026. Each of these RSUs represents a contingent right to receive one share of the Common Stock upon settlement. Such shares will fully vest on January 1, 2027.

Key Figures

RSUs granted: 1,962 shares Grant price: $0.00 per share Post-transaction holdings: 3,503,395 shares +2 more

5 metrics

RSUs granted 1,962 shares Restricted Stock Unit awards granted on May 21, 2026

Grant price $0.00 per share RSU grant to director David Stinnett

Post-transaction holdings 3,503,395 shares Common Stock held directly after RSU grant

2025 RSU component 431 shares RSUs under 2025 Non-Employee Director Compensation Policy, vest July 24, 2026

2026 RSU component 1,531 shares RSUs under 2026 Non-Employee Director Compensation Policy, vest January 1, 2027

Key Terms

Restricted Stock Unit (RSU), Non-Employee Director Compensation Policy, contingent right, vest

4 terms

Restricted Stock Unit (RSU) financial

"represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award"

A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.

Non-Employee Director Compensation Policy financial

"under the Issuer's Non-Employee Director Compensation Policy for 2025"

contingent right financial

"Each of these RSUs represents a contingent right to receive one share"

vest financial

"Such shares will fully vest on July 24, 2026"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Karman Holdings (KRMN) report for David Stinnett?

Karman Holdings reported director David Stinnett received 1,962 restricted stock units as equity compensation. These RSUs were granted at no cash cost and increase his direct holdings to 3,503,395 common shares, aligning his interests with long-term shareholder value.

How many KRMN shares were granted to David Stinnett and at what price?

David Stinnett was granted 1,962 restricted stock units, each representing one Karman Holdings common share. The grant price was $0.00 per share, reflecting a compensation award rather than an open-market purchase, so no cash changed hands in this transaction.

How are the new KRMN RSU awards for David Stinnett structured by year?

The award includes 431 RSUs tied to Karman’s 2025 Non-Employee Director Compensation Policy and 1,531 RSUs tied to the 2026 policy. Each RSU converts into one common share upon settlement, providing multi-year, stock-based compensation for the director role.

When do David Stinnett’s new KRMN restricted stock units vest?

The 431 RSUs associated with the 2025 director grant fully vest on July 24, 2026. The remaining 1,531 RSUs from the 2026 director grant fully vest on January 1, 2027, creating a staggered vesting schedule over roughly the next year.

What is David Stinnett’s KRMN share ownership after this Form 4 transaction?

Following the RSU grant, David Stinnett directly holds 3,503,395 shares of Karman Holdings common stock. This figure reflects his post-transaction position reported in the Form 4 and shows a substantial continuing equity stake in the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 09:03 PM EDT Learn about SEC filing dates

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).

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^*

Stinnett David

(Last) (First) (Middle)

C/O KARMAN HOLDINGS INC.

5351 ARGOSY AVENUE

(Street)

HUNTINGTON BEACH CALIFORNIA 92649

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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

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

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

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	05/21/2026		A		1,962(1)(2)	A	$0	3,503,395	D

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. With respect to 431 shares, represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy for 2025. Each of these RSUs represents a contingent right to receive one share of the Common Stock upon settlement. Such shares will fully vest on July 24, 2026.

2. With respect to 1,531 shares, represents the Reporting Person's annual grant of a Restricted Stock Unit (RSU) award under the Issuer's Non-Employee Director Compensation Policy for 2026. Each of these RSUs represents a contingent right to receive one share of the Common Stock upon settlement. Such shares will fully vest on January 1, 2027.

Remarks:

See attached Exhibit 24 - Power of Attorney.

	/s/ Mike Willis, Attorney-in-Fact	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)