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[8-K] Momentus Inc. Reports Material Event

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(Neutral)
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Form Type
8-K
Rhea-AI Filing Summary

Momentus Inc. (MNTS) reported in an 8-K the appointment of Lon Ensler as Chief Financial Officer effective August 1, 2025; the company announced the appointment on August 6, 2025. Mr. Ensler has served as Interim CFO since April 2, 2024 and currently serves as the company’s principal financial officer and principal accounting officer.

His Employment Agreement provides an annual base salary of $375,000, an initial target cash bonus equal to 50% of base salary, and eligibility for restricted stock units representing 1% of the company’s outstanding shares with 25% vesting on each of the first four anniversaries. Severance includes accrued benefits, six months’ base salary plus the annual cash bonus prorated, and accelerated RSU vesting. The full Employment Agreement is filed as Exhibit 10.1.

Momentus Inc. (MNTS) ha comunicato in un modulo 8-K la nomina di Lon Ensler a Chief Financial Officer, con decorrenza 1 agosto 2025; l'annuncio è stato diffuso il 6 agosto 2025. Il sig. Ensler ha ricoperto il ruolo di CFO ad interim dal 2 aprile 2024 e attualmente è il principale dirigente finanziario e responsabile della contabilità della società.

Il suo contratto di lavoro prevede un salario base annuo di $375,000, un bonus cash iniziale target pari al 50% del salario base e l'assegnazione potenziale di unità di azioni soggette a restrizioni corrispondenti al 1% delle azioni in circolazione, con il 25% che matura in ciascuno dei primi quattro anniversari. Le indennità di fine rapporto includono benefit maturati, sei mesi di salario base più il bonus annuale calcolato pro rata e l'accelerazione della maturazione delle RSU. L'intero contratto di lavoro è depositato come Allegato 10.1.

Momentus Inc. (MNTS) informó en un formulario 8-K el nombramiento de Lon Ensler como Chief Financial Officer con efecto desde el 1 de agosto de 2025; la compañía anunció el nombramiento el 6 de agosto de 2025. El Sr. Ensler se desempeñó como CFO interino desde el 2 de abril de 2024 y actualmente actúa como el principal responsable financiero y contable de la empresa.

Su contrato de trabajo establece un salario base anual de $375,000, un bono inicial en efectivo objetivo equivalente al 50% del salario base y la elegibilidad para unidades de acciones restringidas que representan el 1% de las acciones en circulación, con un 25% que se consolida en cada uno de los primeros cuatro aniversarios. La indemnización por terminación incluye beneficios devengados, seis meses de salario base más la bonificación anual prorrateada y la aceleración del vesting de las RSU. El contrato completo se presenta como Anexo 10.1.

Momentus Inc. (MNTS)는 8-K 보고서에서 Lon Ensler를 2025년 8월 1일부로 최고재무책임자(Chief Financial Officer)로 선임했다고 공시했으며, 회사는 2025년 8월 6일에 이를 발표했습니다. Ensler 씨는 2024년 4월 2일부터 직무대행 CFO로 재직했으며 현재 회사의 수석 재무책임자 겸 수석 회계책임자를 맡고 있습니다.

그의 고용계약서는 연간 기본급 $375,000, 기본급의 50%에 해당하는 초기 목표 현금 보너스, 그리고 회사 발행 주식의 1%에 해당하는 제한주식단위(RSU) 수혜 자격을 규정하며, RSU는 첫 4회의 기념일마다 각각 25%씩 베스팅됩니다. 퇴직 시 보상에는 미지급 복리후생, 6개월 분 기본급과 연간 현금 보너스의 일할 계산분, 그리고 RSU 베스팅의 가속화가 포함됩니다. 전체 고용계약서는 증빙서류 Exhibit 10.1로 제출되어 있습니다.

Momentus Inc. (MNTS) a indiqué dans un formulaire 8-K la nomination de Lon Ensler au poste de Chief Financial Officer, effective au 1er août 2025 ; la société a annoncé la nomination le 6 août 2025. M. Ensler a exercé les fonctions de CFO par intérim depuis le 2 avril 2024 et occupe actuellement les fonctions de principal responsable financier et comptable de l'entreprise.

Son contrat de travail prévoit un salaire de base annuel de $375,000, une prime en espèces initiale cible équivalente à 50% du salaire de base et l'éligibilité à des unités d'actions restreintes représentant 1% des actions en circulation, avec une acquisition de droits de 25% à chacun des quatre premiers anniversaires. Les indemnités de rupture comprennent les prestations accumulées, six mois de salaire de base plus la prime annuelle au prorata, ainsi qu'une acquisition accélérée des RSU. Le contrat de travail complet est déposé en Annexe 10.1.

Momentus Inc. (MNTS) meldete in einer 8-K die Ernennung von Lon Ensler zum Chief Financial Officer mit Wirkung zum 1. August 2025; die Gesellschaft gab die Ernennung am 6. August 2025 bekannt. Herr Ensler war seit dem 2. April 2024 als Interim-CFO tätig und ist derzeit der leitende Finanz- sowie der leitende Rechnungslegungsbeauftragte des Unternehmens.

Sein Arbeitsvertrag sieht ein jährliches Grundgehalt von $375,000, eine anfängliche Ziel-Cash-Prämie in Höhe von 50% des Grundgehalts sowie die Berechtigung zu Restricted Stock Units entsprechend 1% der ausstehenden Aktien vor, wobei jeweils 25% an jedem der ersten vier Jahrestage vesten. Die Abfindungsregelung umfasst aufgelaufene Leistungen, sechs Monate Grundgehalt zuzüglich anteiliger jährlicher Barprämie und eine beschleunigte Vesting-Regelung für die RSU. Der vollständige Arbeitsvertrag ist als Anlage 10.1 eingereicht.

Positive
  • Interim role formalized: Lon Ensler appointed CFO effective August 1, 2025 after serving as Interim CFO since April 2, 2024.
  • Clear compensation disclosure: Annual base salary of $375,000 and 50% target cash bonus specified.
  • Equity structure disclosed: Eligibility for RSUs representing 1% of outstanding shares with 25% vesting each year for four years.
  • Severance terms included: Accrued benefits, six months’ base salary plus prorated annual cash bonus, and accelerated RSU vesting.
Negative
  • None.

Insights

TL;DR Appointment formalizes Lon Ensler’s transition from interim to permanent CFO with disclosed pay and equity terms.

The 8-K documents continuity in Momentus’ finance leadership by naming Lon Ensler CFO effective August 1, 2025, after serving as Interim CFO since April 2, 2024. Key quantified disclosures include a $375,000 base salary, a 50% target cash bonus, and eligibility for RSUs equal to 1% of outstanding shares with standard four-year, 25% annual vesting. Severance terms provide six months’ base pay plus prorated bonus and accelerated RSU vesting. Disclosure of Exhibit 10.1 allows investors to review full contract terms.

TL;DR Routine Item 5.02 disclosure; provides transparent executive compensation and severance details for investor review.

The filing complies with Item 5.02 by reporting an officer appointment and summarizing material employment terms. It confirms no family relationships or related-party transactions to disclose under Item 404(a). Reported compensation elements—base salary, target cash bonus, RSU eligibility equal to 1% of outstanding shares and severance mechanics—are explicit and the Employment Agreement is attached as Exhibit 10.1, supporting governance transparency. The disclosure is sufficient for stakeholders to assess contractual obligations without additional inference.

Momentus Inc. (MNTS) ha comunicato in un modulo 8-K la nomina di Lon Ensler a Chief Financial Officer, con decorrenza 1 agosto 2025; l'annuncio è stato diffuso il 6 agosto 2025. Il sig. Ensler ha ricoperto il ruolo di CFO ad interim dal 2 aprile 2024 e attualmente è il principale dirigente finanziario e responsabile della contabilità della società.

Il suo contratto di lavoro prevede un salario base annuo di $375,000, un bonus cash iniziale target pari al 50% del salario base e l'assegnazione potenziale di unità di azioni soggette a restrizioni corrispondenti al 1% delle azioni in circolazione, con il 25% che matura in ciascuno dei primi quattro anniversari. Le indennità di fine rapporto includono benefit maturati, sei mesi di salario base più il bonus annuale calcolato pro rata e l'accelerazione della maturazione delle RSU. L'intero contratto di lavoro è depositato come Allegato 10.1.

Momentus Inc. (MNTS) informó en un formulario 8-K el nombramiento de Lon Ensler como Chief Financial Officer con efecto desde el 1 de agosto de 2025; la compañía anunció el nombramiento el 6 de agosto de 2025. El Sr. Ensler se desempeñó como CFO interino desde el 2 de abril de 2024 y actualmente actúa como el principal responsable financiero y contable de la empresa.

Su contrato de trabajo establece un salario base anual de $375,000, un bono inicial en efectivo objetivo equivalente al 50% del salario base y la elegibilidad para unidades de acciones restringidas que representan el 1% de las acciones en circulación, con un 25% que se consolida en cada uno de los primeros cuatro aniversarios. La indemnización por terminación incluye beneficios devengados, seis meses de salario base más la bonificación anual prorrateada y la aceleración del vesting de las RSU. El contrato completo se presenta como Anexo 10.1.

Momentus Inc. (MNTS)는 8-K 보고서에서 Lon Ensler를 2025년 8월 1일부로 최고재무책임자(Chief Financial Officer)로 선임했다고 공시했으며, 회사는 2025년 8월 6일에 이를 발표했습니다. Ensler 씨는 2024년 4월 2일부터 직무대행 CFO로 재직했으며 현재 회사의 수석 재무책임자 겸 수석 회계책임자를 맡고 있습니다.

그의 고용계약서는 연간 기본급 $375,000, 기본급의 50%에 해당하는 초기 목표 현금 보너스, 그리고 회사 발행 주식의 1%에 해당하는 제한주식단위(RSU) 수혜 자격을 규정하며, RSU는 첫 4회의 기념일마다 각각 25%씩 베스팅됩니다. 퇴직 시 보상에는 미지급 복리후생, 6개월 분 기본급과 연간 현금 보너스의 일할 계산분, 그리고 RSU 베스팅의 가속화가 포함됩니다. 전체 고용계약서는 증빙서류 Exhibit 10.1로 제출되어 있습니다.

Momentus Inc. (MNTS) a indiqué dans un formulaire 8-K la nomination de Lon Ensler au poste de Chief Financial Officer, effective au 1er août 2025 ; la société a annoncé la nomination le 6 août 2025. M. Ensler a exercé les fonctions de CFO par intérim depuis le 2 avril 2024 et occupe actuellement les fonctions de principal responsable financier et comptable de l'entreprise.

Son contrat de travail prévoit un salaire de base annuel de $375,000, une prime en espèces initiale cible équivalente à 50% du salaire de base et l'éligibilité à des unités d'actions restreintes représentant 1% des actions en circulation, avec une acquisition de droits de 25% à chacun des quatre premiers anniversaires. Les indemnités de rupture comprennent les prestations accumulées, six mois de salaire de base plus la prime annuelle au prorata, ainsi qu'une acquisition accélérée des RSU. Le contrat de travail complet est déposé en Annexe 10.1.

Momentus Inc. (MNTS) meldete in einer 8-K die Ernennung von Lon Ensler zum Chief Financial Officer mit Wirkung zum 1. August 2025; die Gesellschaft gab die Ernennung am 6. August 2025 bekannt. Herr Ensler war seit dem 2. April 2024 als Interim-CFO tätig und ist derzeit der leitende Finanz- sowie der leitende Rechnungslegungsbeauftragte des Unternehmens.

Sein Arbeitsvertrag sieht ein jährliches Grundgehalt von $375,000, eine anfängliche Ziel-Cash-Prämie in Höhe von 50% des Grundgehalts sowie die Berechtigung zu Restricted Stock Units entsprechend 1% der ausstehenden Aktien vor, wobei jeweils 25% an jedem der ersten vier Jahrestage vesten. Die Abfindungsregelung umfasst aufgelaufene Leistungen, sechs Monate Grundgehalt zuzüglich anteiliger jährlicher Barprämie und eine beschleunigte Vesting-Regelung für die RSU. Der vollständige Arbeitsvertrag ist als Anlage 10.1 eingereicht.


 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

August 1, 2025
Date of Report (date of earliest event reported)

Momentus Inc.
(Exact name of registrant as specified in its charter)

Delaware
001-39128
84-1905538
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)

3901 N. First Street
San Jose, California
 
95134
(Address of Principal Executive Offices)
 
(Zip Code)

(650) 564-7820
Registrant’s telephone number, including area code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d‑2(b))


Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(g) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Class A common stock
MNTS
The Nasdaq Stock Market LLC
Warrants
MNTSW
The Nasdaq Stock Market LLC

 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b‑2 of this chapter).
 
Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 5.02.
Departure of Directors or Certain Officers; Election of Directors: Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Chief Financial Officer

On August 6, 2025, Momentus Inc. (the “Company”) announced the appointment of Lon Ensler, age 66, as the Company’s Chief Financial Officer, effective as of August 1, 2025. Mr. Ensler has served as the Company’s Interim Chief Financial Officer since April 2, 2024, and currently serves as the Company’s principal financial officer and principal accounting officer.

Mr. Ensler has more than 30 years of experience as a financial executive. From February 2019 until March 2024, he served as the Chief Financial Officer of Ziteo Medical, Inc., a provider of next generation molecular imaging medical devices. Prior to that, Mr. Ensler provided advisory, consulting and interim CFO services for a number of companies through his consulting firm Ensler Consulting from June 2015 through February 2019. Prior to that, Mr. Ensler served as the Chief Financial Officer of Xradia, Inc., a provider of high-tech capital equipment, from 2008 until 2015.

There are no family relationships between Mr. Ensler and any director or executive officer of the Company, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Pursuant to the terms of Mr. Ensler’s employment agreement with the Company (the “Employment Agreement”), he will receive an annual base salary of $375,000 and will be eligible for an initial target cash bonus equal to 50% of his base salary. Mr. Ensler, subject to the approval of the board of directors of the Company, will also be eligible to receive a number of restricted stock units of Class A common stock of the Company (“RSUs”), representing 1% of the Company’s outstanding shares on the date of the grant of such RSUs. The vesting schedule of such RSUs will be 25% vesting on each of the first four anniversaries of the date of the grant of such RSUs. Mr. Ensler will also be eligible to receive severance benefits as set forth in the Employment Agreement, which include accrued benefits, severance payments of 6 months of base salary plus the annual cash bonus in effect immediately prior to the termination, prorated based on the days elapsed in the calendar year, and accelerated vesting of RSUs. The foregoing summary is qualified in its entirety by reference to the full text of the Employment Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

Item 9.01.
Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number
 
Exhibit Description
10.1
 
Employment Agreement, dated August 1, 2025, by and between Lon Ensler and the Company.
104
 
Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)




 SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
By:
 
/s/ Jon Layman
 
 
Name:
 
 Jon Layman
Dated: August 6, 2025
Title:
 
Chief Legal Officer and Corporate Secretary




FAQ

Who is the new CFO of Momentus (MNTS)?

Lon Ensler was appointed Chief Financial Officer effective August 1, 2025; he served as Interim CFO since April 2, 2024.

What is Lon Ensler’s base salary at Momentus (MNTS)?

His Employment Agreement provides an annual base salary of $375,000.

What bonus and equity compensation will the CFO receive?

He is eligible for an initial target cash bonus equal to 50% of base salary and RSUs representing 1% of outstanding shares, vesting 25% on each of the first four anniversaries.

What severance does the Employment Agreement provide?

Severance includes accrued benefits, six months’ base salary plus the annual cash bonus prorated based on days elapsed in the year, and accelerated RSU vesting.

Where can I find the full Employment Agreement for Lon Ensler?

The full Employment Agreement is filed as Exhibit 10.1 to the 8-K filed August 6, 2025.
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