8-KCurrent report
Officer or director change
✓ VerifiedKarman Holdings appointed Chris Boynton as EVP and CFO effective September 14, 2026, replacing Mike Willis, who will step down from the CFO role that date and depart by year-end.
7.01 Reg FD disclosure
Filed Aug 27, 2026 · 07:30 ET
Summary
- On August 26, 2026, Karman Holdings Inc. announced Chris Boynton has been appointed Executive Vice President and Chief Financial Officer, beginning employment on September 14, 2026.
- Mike Willis, current CFO, will step down from the CFO role effective September 14, 2026, and depart from the Company by year-end following a phased transition period.
- Boynton, age 54, joined from Battelle where he was EVP and CFO from 2023, and previously held roles at RTX Corporation including CFO of Raytheon's Missiles & Defense division.
- Boynton's offer letter provides an annual base salary of $750,000, a one-time sign-on bonus of $500,000, and an annual cash incentive target of 100% of base salary with a stretch target of 150%.
- His initial 2026 LTIP grant is 37,860 shares, delivered 70% in performance stock units and 30% in restricted stock units, with annual equity awards beginning in 2027 targeting 300% of base salary.
- Upon termination without cause or for good reason, Boynton is entitled to cash severance equal to 100% of base salary plus target annual bonus over 12 months, with enhanced terms following a change in control.
Key facts
- New CFO
- Chris Boynton
From the filing for New CFO
“Chris Boynton has been appointed to serve as the Executive Vice President and Chief Financial Officer of the Company”
- Start date
- September 14, 2026
From the filing for Start date
“Mr. Boynton will begin his employment with the Company on September 14, 2026.”
- Departing CFO
- Mike Willis
From the filing for Departing CFO
“Mike Willis, current Chief Financial Officer, will step down from his role as CFO of the Company effective September 14, 2026, and will depart from the Company by year-end”
- Base salary
- $750,000
From the filing for Base salary
“Mr. Boynton is entitled to an annual base salary of $750,000”
- Sign-on bonus
- $500,000
From the filing for Sign-on bonus
“a one-time sign-on bonus of $500,000, subject to applicable tax withholding”
- Bonus target
- 100% of base salary
From the filing for Bonus target
“eligible to earn an annual cash incentive with a target opportunity equal to 100% of base salary and a stretch performance target opportunity of 150% of base salary”
- Initial LTIP grant
- 37,860 shares
From the filing for Initial LTIP grant
“His initial 2026 LTIP grant will be 37,860 shares of Karman Holdings Inc., delivered 70% in performance stock units and 30% in restricted stock units”
- Prior employer
- Battelle
From the filing for Prior employer
“Mr. Boynton joined Karman from Battelle, where he served as Executive Vice President and Chief Financial Officer from 2023 until joining Karman in September 2026.”
Why it mattersKarman Holdings is transitioning its chief financial officer, bringing in an aerospace and defense finance executive from Battelle and RTX while its current CFO departs by year-end.
- Filed
- Aug 27, 2026
- Accepted
- 2026-08-27 11:30Z
- Period
- Aug 26, 2026
- Accession no.
- 0001193125-26-369561
- Size
- 213 KB
- Index
- Filing index