Director at Momentus (NASDAQ: MNTS) makes open-market share purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Momentus Inc. director Chris Hadfield, through indirect owner Hadfield Inc., bought 2,000 shares of Class A Common Stock in an open-market purchase at $7.19 per share. After this transaction, the filing shows 3,500 shares of this stock class held indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares ($14,380)
Net Buy
1 txn
Insider
Hadfield Chris
Role
null
Bought
2,000 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 2,000 | $7.19 | $14K |
Holdings After Transaction:
Class A Common Stock — 3,500 shares (Indirect, Hadfield Inc.)
Footnotes (1)
Key Figures
Shares purchased: 2,000 shares
Purchase price: $7.19 per share
Shares held after trade: 3,500 shares
+1 more
4 metrics
Shares purchased
2,000 shares
Open-market purchase of Class A Common Stock
Purchase price
$7.19 per share
Price for the 2,000-share open-market buy
Shares held after trade
3,500 shares
Indirect holdings following the transaction
Net buy shares
2,000 shares
Net buy direction for this Form 4 period
Key Terms
open-market purchase, Class A Common Stock, indirect ownership
3 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: Hadfield Inc."
FAQ
What insider transaction did Momentus (MNTS) report for Chris Hadfield?
Momentus reported that director Chris Hadfield, via Hadfield Inc., completed an open-market purchase of 2,000 shares of Class A Common Stock. The trade was reported as a routine Form 4 insider transaction for indirect ownership.
What are Chris Hadfield’s Momentus (MNTS) holdings after this Form 4 trade?
After the reported transaction, the Form 4 shows 3,500 shares of Momentus Class A Common Stock held indirectly. These shares are attributed to Hadfield Inc., reflecting Hadfield’s indirect ownership position following the purchase.
Is Chris Hadfield’s Momentus (MNTS) trade a direct or indirect holding?
The filing classifies Chris Hadfield’s position as indirect ownership. The 2,000-share open-market purchase and the resulting 3,500-share balance are held through Hadfield Inc., rather than directly in his personal name.