MNTS Names Lon Ensler CFO—50% Bonus Target and 1% RSUs Disclosed

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.

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

Financial Analyst

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.

Corporate Governance Expert

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.

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 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.