Board member at Momentus (NASDAQ: MNTS) receives 6,039 RSUs, 913 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Momentus Inc. director Linda J. Reiners reported equity compensation activity. On May 18, 2026, she acquired 913 shares of Class A common stock through an exercise or conversion of a derivative security, bringing her direct common stock holdings to 2,115 shares.
She was also granted 6,039 Restricted Stock Units, each representing one share of Class A common stock. These RSUs will vest in full on the earlier of May 18, 2027 or the 2027 annual meeting, if she continues serving on the board through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Reiners Linda J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,039 | $0.00 | -- |
| Exercise | Class A Common Stock | 913 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,039 shares (Direct, null);
Class A Common Stock — 2,115 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unite (RSU) represents a contingent right to receive one share of Momentus Inc. Class A Common Stock. 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
Shares acquired via exercise/conversion: 913 shares
Common shares held after transaction: 2,115 shares
RSUs granted: 6,039 RSUs
+3 more
6 metrics
Shares acquired via exercise/conversion
913 shares
Class A Common Stock acquired on May 18, 2026
Common shares held after transaction
2,115 shares
Direct Class A Common Stock holdings following May 18, 2026
RSUs granted
6,039 RSUs
Restricted Stock Units granted on May 18, 2026
RSU underlying shares
6,039 shares
Each RSU equals one Class A Common share
RSU vesting date trigger
May 18, 2027
Earlier of May 18, 2027 or 2027 annual meeting, with continued service
RSU exercise price
$0.0000 per unit
Conversion or exercise price on RSU grant
Key Terms
Restricted Stock Units, Class A Common Stock, Exercise or conversion of derivative security, Grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Units financial
"The RSUs will vest in full on the earlier to occur of May 18, 2027 or the day of the 2027 Annual Meeting"
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.
Class A Common Stock financial
"Each Restricted Stock Unite (RSU) represents a contingent right to receive one share of Momentus Inc. 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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
contingent right financial
"Each Restricted Stock Unite (RSU) represents a contingent right to receive one share of Momentus Inc. Class A Common Stock."
FAQ
What insider transactions did Momentus (MNTS) director Linda Reiners report?
Linda Reiners reported acquiring 913 shares of Momentus Class A common stock via exercise or conversion and receiving a grant of 6,039 Restricted Stock Units, all dated May 18, 2026, as part of her board-related equity compensation.
What are the terms of Linda Reiners’ 6,039 RSU grant at Momentus (MNTS)?
Each RSU represents a contingent right to receive one share of Momentus Class A common stock. The 6,039 RSUs will vest in full on the earlier of May 18, 2027 or the 2027 annual meeting, subject to her continued board service through that vesting date.
Is Linda Reiners’ Form 4 for Momentus (MNTS) a stock purchase or compensation grant?
The Form 4 reflects equity compensation activity, not an open-market share purchase. It shows 913 shares acquired via derivative exercise or conversion and a grant of 6,039 Restricted Stock Units awarded as compensation tied to her role on the Momentus board.
Do Linda Reiners’ Momentus (MNTS) RSUs have an exercise price?
The RSU grant is shown with a price of $0.0000 per unit, meaning no cash exercise price is required. Instead, each of the 6,039 RSUs provides a contingent right to receive one share of Class A common stock once the vesting conditions are met.