diff --git a/docs/audits/impl-PMAT-444-receipt.md b/docs/audits/impl-PMAT-444-receipt.md
new file mode 100644
index 000000000..66f04c8d3
--- /dev/null
+++ b/docs/audits/impl-PMAT-444-receipt.md
@@ -0,0 +1,48 @@
+# PMAT-444 — receipt: keyring CLI tests each own a TempDir keyring (bashrs#444)
+
+**Ticket:** PMAT-444 (bashrs#444), kind code, epic #426, release v7.4.2.
+**Branch:** `fix/444-keyring-test-isolation` from `6ba7beb647`; fix commit `0ea0f32770`.
+
+## Defect
+`test_INSTALLER_CLI_007_keyring_init` and `_list` ran the binary with the ambient environment, so both
+resolved the real `~/.config/bashrs/installer/keyring.json`. In parallel, list read the file while init
+was writing it: `Failed to parse keyring: EOF while parsing a value at line 1 column 0` (red v7.4.2
+release gate on 0ae1212911).
+
+## Fix
+`keyring_cmd(&TempDir)` sets `XDG_CONFIG_HOME` and `HOME` to the test's own directory. init asserts
+the file lands there; list on a fresh dir asserts `Keyring not initialized`; new `list_after_init`
+asserts list reads what init wrote. Census of keyring-file touchers: the unit tests in
+`command_tests_installer_cov_tests_cov_2.rs` already pass the path in (#339); `installer run` reads the
+keyring only under `--verify-signatures`, which no test passes. No other test touches the file.
+
+## Discriminator (t2build, `INSTALLER_CLI_007 --test-threads=8`, one shared scratch HOME per loop)
+| binary | runs | failures | shared HOME got a keyring |
+|---|---|---|---|
+| before (origin/main) | 300 | 2 | yes |
+| before (origin/main) | 1000 | 13 | yes |
+| after | 1000 x3 | 0, 0, 0 | no |
+
+Full `cli_installer_tests`: 20 passed. `cargo clippy -p bashrs --test cli_installer_tests -D warnings`: clean.
+
+## Planted review quorum (degraded: same-family; author claude-opus-5-5, never a lane)
+Plant: the same diff with `keyring_list` reverted to `bashrs_cmd()` (ambient HOME). Lanes saw each diff blind.
+| lane | real diff (sha256 d21c0bafceaf29ed…) | plant (sha256 d8dd7cfda4e79692…) |
+|---|---|---|
+| claude-sonnet-5-5 #1 | PASS | FAIL (names keyring_list on the real home) |
+| claude-sonnet-5-5 #2 | PASS | FAIL |
+| claude-haiku-4-5 | PASS | PASS (missed) |
+
+Real 3/3 PASS; plant caught 2/3 (threshold >=2/3). Lane caveats (other keyring touchers, `TempDir`
+import) are answered by the census above and `use tempfile::TempDir;` at line 13.
+
+## FR-4 over-cap round (prcap: paiml/bashrs 3 open, cap 3)
+Open PRs #434 (linter, v7.4.3), #423 (dependabot), #422 (darwin nightly CI): none is alike, so no fold.
+Planted over-cap quorum, same lanes. Plant: a v7.4.3 doc-comment reword with nothing red, which must FOLD_OR_WAIT.
+| lane | PMAT-444 | plant |
+|---|---|---|
+| claude-sonnet-5-5 #1 | OPEN_OVER_CAP | FOLD_OR_WAIT |
+| claude-sonnet-5-5 #2 | OPEN_OVER_CAP | FOLD_OR_WAIT |
+| claude-haiku-4-5 | OPEN_OVER_CAP | FOLD_OR_WAIT |
+
+3/3 OPEN_OVER_CAP; plant caught 3/3. Lane outputs: `/mnt/nvme-raid0/tmp/bashrs-444-r1/q/` on lambda-labs.
diff --git a/docs/roadmaps/roadmap.yaml b/docs/roadmaps/roadmap.yaml
index 6fbffe98a..d73204ead 100644
--- a/docs/roadmaps/roadmap.yaml
+++ b/docs/roadmaps/roadmap.yaml
@@ -2962,3 +2962,23 @@ roadmap:
   - release:v7.4.2
   notes: null
   epic: 426
+- id: PMAT-444
+  github_issue: 444
+  item_type: task
+  title: 'keyring CLI tests share the real $HOME keyring and race under parallel test threads (Refs #444)'
+  status: inprogress
+  priority: critical
+  assigned_to: null
+  created: 2026-10-10T12:59:47Z
+  updated: 2026-10-10T12:59:49.161712617+00:00
+  spec: null
+  acceptance_criteria:
+  - 'test_INSTALLER_CLI_007_keyring_init and _list both resolve the real user''s $XDG_CONFIG_HOME or $HOME/.config/bashrs/installer/keyring.json; run in parallel, list reads a file init is mid-writing: ''EOF while parsing a value at line 1 column 0''. Fix: each keyring CLI test owns a TempDir via XDG_CONFIG_HOME+HOME. Discriminator: N parallel loop fails before, passes after.'
+  phases: []
+  subtasks: []
+  estimated_effort: null
+  labels:
+  - kind:code
+  - release:v7.4.2
+  notes: null
+  epic: 426
diff --git a/rash/tests/cli_installer_tests.rs b/rash/tests/cli_installer_tests.rs
index c6a2ec281..a02e40957 100644
--- a/rash/tests/cli_installer_tests.rs
+++ b/rash/tests/cli_installer_tests.rs
@@ -312,27 +312,65 @@ fn test_INSTALLER_CLI_006_test_matrix() {
 // =============================================================================
 // INSTALLER_CLI_007: Keyring command tests
 // =============================================================================
+//
+// Every keyring test runs the binary against a keyring in its OWN TempDir (#444). The binary resolves the
+// keyring from `$XDG_CONFIG_HOME`, else `$HOME/.config`; with the ambient environment, init and list both
+// resolved the user's real `~/.config/bashrs/installer/keyring.json`, libtest ran them on parallel threads,
+// and list read the file while init was writing it: "Failed to parse keyring: EOF while parsing a value at
+// line 1 column 0". Both variables are set, so neither branch of the resolution can reach the real home.
+
+/// A `bashrs installer keyring` command whose keyring lives under `config`, never the real `$HOME`.
+fn keyring_cmd(config: &TempDir) -> Command {
+    let mut cmd = bashrs_cmd();
+    cmd.env("XDG_CONFIG_HOME", config.path())
+        .env("HOME", config.path())
+        .arg("installer")
+        .arg("keyring");
+    cmd
+}
+
+/// Where `keyring_cmd(config)` puts the keyring file.
+fn keyring_file(config: &TempDir) -> std::path::PathBuf {
+    config
+        .path()
+        .join("bashrs")
+        .join("installer")
+        .join("keyring.json")
+}
 
 #[test]
 fn test_INSTALLER_CLI_007_keyring_init() {
-    bashrs_cmd()
-        .arg("installer")
-        .arg("keyring")
+    let config = TempDir::new().unwrap();
+    keyring_cmd(&config)
         .arg("init")
         .assert()
         .success()
         .stdout(predicate::str::contains("Initialized keyring"));
+    assert!(
+        keyring_file(&config).is_file(),
+        "init must write the keyring inside the test's own directory"
+    );
 }
 
 #[test]
 fn test_INSTALLER_CLI_007_keyring_list() {
-    bashrs_cmd()
-        .arg("installer")
-        .arg("keyring")
+    let config = TempDir::new().unwrap();
+    keyring_cmd(&config)
+        .arg("list")
+        .assert()
+        .success()
+        .stdout(predicate::str::contains("Keyring not initialized"));
+}
+
+#[test]
+fn test_INSTALLER_CLI_007_keyring_list_after_init() {
+    let config = TempDir::new().unwrap();
+    keyring_cmd(&config).arg("init").assert().success();
+    keyring_cmd(&config)
         .arg("list")
         .assert()
         .success()
-        .stdout(predicate::str::contains("Keyring")); // Outputs "Keyring not initialized" or "Keyring contents"
+        .stdout(predicate::str::contains("Keyring contents"));
 }
 
 // =============================================================================