Karman Holdings CEO Sells 75,000 Shares Under 10b5-1 Plan

Karman Holdings Inc. reported an insider stock sale by its Chief Executive Officer and director.

Rhea-AI Filing Summary

Karman Holdings Inc. reported an insider stock sale by its Chief Executive Officer and director. On 11/28/2025, an indirect holder sold 75,000 shares of common stock at $67.40 per share, coded as an open market sale ("S"). The transaction was made under a pre-arranged Rule 10b5-1 trading plan adopted on August 13, 2025.

Following this sale, the reporting person continues to beneficially own 2,465,826 shares indirectly through Tandem Trust u/t/a dated July 27, 2024, where Tony Koblinski is the primary beneficiary.

Insider Trade Summary

Net Seller: 75,000 shares

Net Sell 1 txn

Insider Koblinski Anthony

Role Chief Executive Officer

Sold 75,000 shs ($5.05M)

Type	Security	Shares	Price	Value
Sale	Common Stock	75,000	$67.40	$5.05M

Holdings After Transaction: Common Stock — 2,465,826 shares (Indirect, See Footnote)

Footnotes (2)

1. F1. Sale of shares pursuant to Rule 10b5-1 Plan adopted on August 13, 2025.
2. F2. Shares are directly held by Tandem Trust u/t/a dated July 27, 2024, of which Tony Koblinski is the primary beneficiary.

FAQ

What insider transaction did Karman Holdings Inc. (KRMN) report?

Karman Holdings Inc. reported an insider sale of 75,000 shares of common stock on 11/28/2025, coded as a sale ("S").

At what price were the KRMN shares sold in this Form 4 filing?

The 75,000 shares of Karman Holdings common stock were sold at a price of $67.40 per share.

Was the KRMN insider sale made under a Rule 10b5-1 plan?

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

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

After the reported transaction, the insider beneficially owns 2,465,826 shares of Karman Holdings common stock indirectly.

How is the remaining KRMN ownership held by the reporting person?

The 2,465,826 shares are held indirectly through Tandem Trust u/t/a dated July 27, 2024, for which Tony Koblinski is the primary beneficiary.

What is the reporting person’s role at Karman Holdings Inc. (KRMN)?

The reporting person is both a Director and an Officer, serving as Chief Executive Officer of Karman Holdings Inc.

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Accepted by SEC EDGAR 12/01/2025 - 05:12 PM 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).

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)
11/28/2025

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	11/28/2025		S(1)		75,000	D	$67.4	2,465,826	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	12/01/2025
	** 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.