Willis Michael

CFO Willis Michael sells 115,000 shares of KRMN at $58.63; stock now at $58.95, -32.3% from 52-week high

Willis Michael, CFO of Karman Holdings, sold 115,000 shares (11.8% of his pre-transaction holdings) at $58.63 on 2025-11-17, reducing his stake from 974.7K to 859.7K shares and realizing $6.7M in proceeds. The transaction occurred while the stock is down 32.3% from its 52-week high of $87.04 and down 21.4% over 30 days, despite positive 90-day momentum (+16.1%). His prior two sales at KRMN showed positive post-sale returns (+6.6% and +50.7% at 30 days; +67.3% and +102.6% at 90 days), indicating these earlier sells were poorly timed for capturing declines. The current sale's timing relative to future price action remains to be observed, though the stock's recent weakness and distance from recent highs provide context for the transaction.

CFO Willis Michael sold 100,000 shares of KRMN at $49.00 on 2025-07-25, reducing holdings by 9.3%

Willis Michael, Chief Financial Officer, sold 100,000 shares (100.0K shares) at $49.00 on 2025-07-25, leaving 974,709 shares (974.7K shares) post-transaction. The sale occurred at $49.00, below the current price of $51.41 and 8.7% below the 52-week high of $56.30. Across his cross-ticker track record, Michael's prior sells averaged a 90-day return of +102.6%, with a well-timed rate of 0.00%, indicating his prior open-market sales at other tickers were not well-timed (stock rose after the sales). His single prior sale at KRMN on 2025-02-14 followed a similar pattern, with the stock up 90 days post-sale. The company's latest quarter shows net income of $-4.8M against revenue of $100.1M, with an unusually high P/E of 1285.25.

CFO Willis Michael sold 72,727 shares of KRMN at $22.00 on 2025-02-14; stock now at $31.00 (4 days post-IPO).

Willis Michael, Chief Financial Officer, sold 72,727 shares at $22.00 on 2025-02-14, reducing his holdings from 1,147,436 shares to 1,074,709 shares, a reduction of 6.3% of his pre-transaction holdings. The sale occurred at the IPO price ($22.00), and the stock has appreciated to $31.00 as of 2025-02-19, just four trading days after the transaction. Given that this is a recent listing with only four trading days of public history, the timing of the CFO's sale at the IPO price followed immediately by price appreciation merits scrutiny. The transaction reflects a partial liquidation by a senior executive in the early post-listing window, which may be relevant to investors assessing the company's capital structure and insider positioning during its public market debut.