Karman Holdings (KRMN) Director Stephen Twitty Receives 2,363-Share Award

What Happened

• Stephen Twitty, a director of Karman Holdings (KRMN), reported an award/acquisition of 2,363 restricted stock units (RSUs) on 2026-05-21. The reported acquisition price is $0.00, for a reported total value of $0 (typical for RSU grants).
• Footnotes show the award breaks into two tranches: 832 RSUs from the 2025 director grant that fully vested on February 13, 2026, and 1,531 RSUs from the 2026 director grant that will fully vest on January 1, 2027. RSUs represent the contingent right to receive one share of common stock upon settlement.

Key Details

• Transaction date: 2026-05-21; Filing date: 2026-05-26 (filed 5 days after the transaction — later than the usual 2-business-day Form 4 deadline).
• Transaction type/code: A (Grant/Award); Shares: 2,363; Price reported: $0.00.
• Shares owned after transaction: Not disclosed in this Form 4.
• Notable footnotes: F1 = 832 RSUs (2025 grant) vested 2026-02-13; F2 = 1,531 RSUs (2026 grant) vest 2027-01-01.
• Exhibit: Exhibit 24 (Power of Attorney) referenced.

Context

• RSU awards at $0 are standard compensation grants for non-employee directors and are not an open-market purchase or sale. Vested RSUs convert to shares upon settlement; unvested RSUs carry future vesting conditions.
• Awards and vesting schedules are routine director compensation and do not, by themselves, indicate the insider’s buying or selling sentiment.