Momentus (MNTS) CLO receives stock and RSU awards in Form 4/A
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Layman Jon reported acquisition or exercise transactions in this Form 4 filing.
Momentus Inc. Chief Legal Officer Jon Layman reported compensation-related equity grants and corrected prior amounts. He was awarded 14,270 shares of Class A common stock and 15,107 Restricted Stock Units, each RSU representing one share of Class A common stock. Following these awards, he holds 14,270 shares directly and 23,593 RSUs. The RSUs vest in three equal annual installments from the vesting commencement date, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Layman Jon
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,107 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 14,270 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 23,593 shares (Direct, null);
Class A Common Stock — 14,270 shares (Direct, null)
Footnotes (1)
- This first amendment to the Form 4 filed by the Reporting Person on 05/21/2026 indicates a correction to the amount of securities acquired. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Momentus Inc. Class A Common Stock. This first amendment to the Form 4 filed by the Reporting Person on 05/21/2026 indicates a correction to the amount of derivative securities acquired. Represents a grant of RSUs, which vest in three equal annual installments from Vesting Commencement Date, subject to Executive's continued Employment through each such vesting date.
Key Figures
Common stock granted: 14,270 shares
RSUs granted: 15,107 RSUs
Shares held after grant: 14,270 shares
+3 more
6 metrics
Common stock granted
14,270 shares
Class A common stock award on May 19, 2026
RSUs granted
15,107 RSUs
Restricted Stock Unit award on May 19, 2026
Shares held after grant
14,270 shares
Total Class A common stock directly held post-transaction
RSUs held after grant
23,593 RSUs
Total Restricted Stock Units held after the transaction
Transaction price per share
$0.0000
Reported price for both stock and RSU grants
Transactions classified as acquisitions
2 transactions
Both grants coded as A (grant, award, or other acquisition)
Key Terms
Restricted Stock Unit, Form 4, derivative securities, vesting
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Momentus Inc. Class A Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Form 4 regulatory
"This first amendment to the Form 4 filed by the Reporting Person on 05/21/2026 indicates a correction to the amount of securities acquired."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
derivative securities financial
"This first amendment to the Form 4 filed by the Reporting Person on 05/21/2026 indicates a correction to the amount of derivative securities acquired."
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
vesting financial
"Represents a grant of RSUs, which vest in three equal annual installments from Vesting Commencement Date, subject to Executive's continued Employment through each such vesting date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What equity awards did Momentus (MNTS) grant to Jon Layman in this Form 4/A?
Jon Layman received 14,270 shares of Class A common stock and 15,107 Restricted Stock Units. These awards are compensation-related grants rather than open-market purchases, according to the amended Form 4/A filing details.
What does each RSU represent in the Momentus (MNTS) Form 4/A for Jon Layman?
Each Restricted Stock Unit represents a contingent right to receive one share of Momentus Inc. Class A common stock. This structure ties Layman’s future share delivery directly to the RSU count disclosed in the filing.
How do Jon Layman’s RSUs at Momentus (MNTS) vest under this grant?
The RSUs vest in three equal annual installments starting from the vesting commencement date. Vesting is subject to Layman’s continued employment through each vesting date, aligning the award with multi-year service.
Why did Momentus (MNTS) file an amended Form 4/A for Jon Layman?
The amendment corrects the amounts of both non-derivative and derivative securities previously reported. It states that the originally filed Form 4 misstated the number of securities acquired and now updates the acquisition figures.