Momentus (MNTS) CEO awarded 22,744 Restricted Stock Units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rood John C. reported acquisition or exercise transactions in this Form 4 filing.
Momentus Inc. reported that Chief Executive Officer John C. Rood received a grant of 22,744 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Class A common stock and vests in three equal annual installments, subject to his continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rood John C.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 22,744 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 22,744 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Momentus Inc. Class A Common Stock. Represents a grant of Restricted Stock Units, which vest in three equal annual installments from Vesting Commencement Date, subject to Executive's continued Employment through each such vesting date.
FAQ
What insider transaction did Momentus Inc. (MNTS) report for John C. Rood?
Momentus Inc. reported that CEO John C. Rood was granted 22,744 Restricted Stock Units. These RSUs are a form of equity compensation and do not involve an open-market stock purchase or sale. They convert into Class A common shares as they vest over time.
How many Restricted Stock Units did the Momentus (MNTS) CEO receive?
The Momentus CEO received 22,744 Restricted Stock Units. After the grant, his directly held RSU balance reported in this filing is also 22,744 units, reflecting the newly awarded equity compensation tied to future vesting conditions and continued employment.
What does each Restricted Stock Unit represent for Momentus (MNTS)?
Each Restricted Stock Unit represents a contingent right to receive one share of Momentus Inc. Class A common stock. The units themselves are not shares until they vest, at which point they can settle into the underlying Class A common shares.
How do the CEO’s Momentus (MNTS) RSUs vest over time?
The CEO’s 22,744 Restricted Stock Units vest in three equal annual installments from the vesting commencement date. Vesting is conditioned on his continued employment through each applicable vesting date before the underlying Class A shares are delivered.
Was the Momentus (MNTS) CEO’s RSU grant an open-market stock purchase?
No, the CEO’s RSU grant was not an open-market stock purchase. It is an equity award classified as a grant or award acquisition, with a reported price per unit of 0.0000, and the shares are delivered only as the RSUs vest.