Momentus director buys MNTS shares, gets RSU grant
Momentus Inc. director Brian Kabot increased his stake through a mix of open-market buying and equity awards.
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Rhea-AI Filing Summary
Momentus Inc. director Brian Kabot increased his stake through a mix of open-market buying and equity awards. On May 19, he bought 250 shares of Class A Common Stock in the open market at $5.615 per share, bringing his direct ownership to 4,458 shares.
On May 18, he acquired 913 shares of Class A Common Stock at no cost through an exercise or conversion of a derivative security. He was also granted 6,039 Restricted Stock Units (RSUs), each representing a right to receive one share of Class A Common Stock. These RSUs vest in full on the earlier of May 18, 2027 or the 2027 Annual Meeting, subject to his continued service on the Board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 250 | $5.615 | $1K |
| Grant/Award | Restricted Stock Units | 6,039 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 913 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Momentus Inc. Class A Common Stock.
- F2. The RSUs will vest in full on the earlier to occur of May 18, 2027 or the day of the 2027 Annual Meeting, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.
Key Figures
Key Terms
Restricted Stock Unit (RSU) financial
open-market purchase financial
derivative exercise/conversion financial
vest in full financial
FAQ
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What insider transactions did Brian Kabot report for Momentus Inc. (MNTS)?
What are the terms of the 6,039 Restricted Stock Units granted to Brian Kabot at MNTS?
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