Momentus CLO granted 8,486 RSUs
Layman Jon reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Layman Jon reported acquisition or exercise transactions in this Form 4 filing.
Momentus Inc. reported that its Chief Legal Officer, Jon Layman, received a grant of 8,486 Restricted Stock Units (RSUs) on Class A common stock. Each RSU represents the right to receive one share in the future. The RSUs vest in three equal annual installments starting from the vesting commencement date, as long as he remains employed through each vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,486 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of Momentus Inc. Class A Common Stock.
- F2. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MNTS report for Chief Legal Officer Jon Layman?
How many Restricted Stock Units were granted to the MNTS Chief Legal Officer?
How do the 8,486 RSUs granted by MNTS vest over time?
Does the MNTS Chief Legal Officer pay cash for the 8,486 RSUs granted?
What does each RSU in the MNTS grant represent for Jon Layman?
AI-generated analysis. How Rhea-AI works. Not financial advice.