It is like a bind off but not at the end of a row. This will make 1 decrease. You will have 2 sts remains out of those k3.
No worry, it should work out find.
Thanks for sharing your work and question with us.
Take care and have fun knitting.
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This section of the pattern is for the edging portion so I have 400+ stitches on my circular needles at this point. The pattern reads with color A using