Momentus CLO granted stock and RSU awards
Layman Jon reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Layman Jon reported acquisition or exercise transactions in this Form 4 filing.
Momentus Inc. reported that Chief Legal Officer Jon Layman received equity-based compensation on May 19, 2026. He was granted 6,457 shares of Class A Common Stock and 10,635 Restricted Stock Units (RSUs) at no cost. Each RSU represents a contingent right to receive one share of Class A Common Stock and will vest in three equal annual installments from the Vesting Commencement Date, subject to his continued employment.
Insider Trade Summary
Grant/Award: 17,092 shares
Grant/Award
2 txns
Insider
Layman Jon
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,635 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 6,457 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 16,609 contracts (Direct);
Class A Common Stock — 6,476 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Momentus Inc. Class A Common Stock.
- F2. 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 grant: 6,457 shares
Common shares held after: 6,476 shares
RSU grant: 10,635 RSUs
+3 more
6 metrics
Common stock grant
6,457 shares
Class A Common Stock awarded on May 19, 2026
Common shares held after
6,476 shares
Direct Class A Common Stock holding after grant
RSU grant
10,635 RSUs
Restricted Stock Units awarded on May 19, 2026
RSUs held after
16,609 RSUs
Total Restricted Stock Units following the transaction
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents a contingent right to one Class A share
Grant price
$0.00 per unit
Price per share and per RSU on grant date
Key Terms
Restricted Stock Units, contingent right, vesting, Vesting Commencement Date
4 terms
Restricted Stock Units financial
"Represents a grant of RSUs, which vest in three equal annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share"
vesting financial
"RSUs, which vest in three equal annual installments from Vesting Commencement 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.
Vesting Commencement Date financial
"vest in three equal annual installments from Vesting Commencement Date, subject to Executive's continued Employment"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Momentus (MNTS) grant to its Chief Legal Officer?
Momentus granted Chief Legal Officer Jon Layman 6,457 shares of Class A Common Stock and 10,635 Restricted Stock Units. Both awards were granted at no cost as part of his compensation package.
How do the Restricted Stock Units for Momentus (MNTS) vest for the CLO?
The 10,635 Restricted Stock Units vest in three equal annual installments starting from the Vesting Commencement Date. Each installment requires Jon Layman’s continued employment with Momentus through the applicable vesting date to receive the corresponding shares.
What does each Restricted Stock Unit represent for Momentus (MNTS) insiders?
Each Restricted Stock Unit represents a contingent right to receive one share of Momentus Class A Common Stock. The units convert into actual shares only upon satisfying vesting conditions, including continued employment through each scheduled vesting date.
Was Jon Layman buying Momentus (MNTS) stock on the open market?
No. The Form 4 shows a compensation-related grant coded as an acquisition (A), not an open-market purchase. The Class A Common Stock and Restricted Stock Units were awarded at a price of $0.00 per share under company equity plans.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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