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AI brief of an SEC Form 8-K · Karman (KRMN)

Karman names Chris Boynton CFO effective Sept. 14; Mike Willis to depart by year-end

Neutral Impact 4 of 5 leadership Written later

Karman Holdings Inc. said Chris Boynton, previously Executive Vice President and CFO of Battelle, will become Executive Vice President and CFO on September 14, 2026. Mike Willis, the current CFO, will step down from that role on the same date and leave the company by year-end after a phased transition. The company said the change follows succession planning as it grows after its February 2025 initial public offering, and the filing sets out the terms of Boynton's offer letter.

Key points

  • Boynton's offer letter sets an annual base salary of $750,000 and a one-time sign-on bonus of $500,000.
  • Target annual cash incentive is 100% of base salary, with a stretch target of 150%.
  • His initial 2026 long-term incentive grant is 37,860 shares, 70% performance stock units and 30% restricted stock units.
  • Severance is 100% of base salary plus target bonus over 12 months, or 18 months of base salary in a lump sum plus target bonus if terminated within 12 months after a change in control.

The filing

CompanyKarman (KRMN)
Form8-K, current report
Filed with the SECAug 27, 2026, 7:30 AM ET
Accession number0001193125-26-369561

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 27, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.