Laurendeau Doug 4

What Happened

• Doug Laurendeau, Chief Growth Officer of Karman Holdings (KRMN), was granted a total of 10,864 restricted stock units (RSUs) on May 21, 2026. The award was reported on a Form 4 filed May 26, 2026. The reported acquisition price is $0.00, so no cash was paid at grant.

Key Details

• Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (filed timely — due date fell on a holiday).
• Transaction type/code: A — Award/Grant (RSUs).
• Shares granted: 10,864 RSUs total; reported value at grant: $0.
  • 1,676 RSUs (Footnote 1): awarded under the issuer’s long-term incentive program. 558 of these vested Jan 1, 2026; the remaining 1,118 will vest in two equal annual installments beginning Jan 1, 2027.
  • 9,188 RSUs (Footnote 2): one-time hiring grant. These will vest in three equal annual installments beginning May 7, 2027.
• Amount owned after transaction: not specified in the filing.
• No 10b5-1, tax-withholding sale, exercise, or sale-on-vesting was reported — this is a grant of contingent rights, not an open-market purchase or sale.

Context

• RSUs are a deferred-compensation award giving the holder a contingent right to receive one share of common stock upon settlement and vesting. Because these are grants (not purchases), they do not signal an immediate cash investment by the insider. Vesting schedules mean the shares will be delivered only if Laurendeau remains employed and the vesting dates are met.