Chris Hadfield at Momentus Inc. (MNTS) receives 6,039 RSUs and adds shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Momentus Inc. director Chris Hadfield reported equity-related transactions involving Class A Common Stock. He acquired 913 shares through the exercise or conversion of a derivative security at a stated price of $0.0000 per share, bringing his direct holdings to 1,884 shares.
He was also granted 6,039 Restricted Stock Units, each representing a contingent right to receive one share of Class A Common Stock. These RSUs will vest in full on the earlier of May 18, 2027 or the day of the 2027 Annual Meeting, subject to his continued service on the Board of Directors through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hadfield Chris
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 — 1,884 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit (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 derivative: 913 shares
Direct holdings after transaction: 1,884 shares
RSUs granted: 6,039 RSUs
+3 more
6 metrics
Shares acquired via derivative
913 shares
Class A Common Stock acquired on May 18, 2026
Direct holdings after transaction
1,884 shares
Class A Common Stock held directly after Form 4 transactions
RSUs granted
6,039 RSUs
Restricted Stock Units awarded on May 18, 2026
RSU vesting date
May 18, 2027
Vests earlier of May 18, 2027 or 2027 Annual Meeting
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one Class A Common Stock share
Stated transaction price
$0.0000 per share
Price per share for the 913-share derivative exercise
Key Terms
Restricted Stock Units, contingent right, derivative security, vest in full, +1 more
5 terms
Restricted Stock Units financial
"The RSUs will vest in full on the earlier to occur of May 18, 2027"
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"
derivative security financial
"transaction_action": "derivative exercise/conversion"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest in full financial
"The RSUs will vest in full on the earlier to occur of May 18, 2027"
Annual Meeting financial
"or the day of the 2027 Annual Meeting, subject to the Reporting Person's continued service"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What insider transactions did Chris Hadfield report at Momentus Inc. (MNTS)?
Chris Hadfield reported acquiring 913 shares of Momentus Class A Common Stock via exercise or conversion of a derivative security and receiving an award of 6,039 Restricted Stock Units, all held directly, according to the Form 4 insider filing.
What are the terms of Chris Hadfield’s 6,039 RSU award at Momentus (MNTS)?
Hadfield received 6,039 Restricted Stock Units, each representing a contingent right to one Class A share. The RSUs vest in full on the earlier of May 18, 2027 or the 2027 Annual Meeting, contingent on his continued service on the Board of Directors.
When will Chris Hadfield’s Momentus (MNTS) RSUs vest?
The 6,039 RSUs will vest in full on the earlier of May 18, 2027 or the day of the 2027 Annual Meeting. Vesting is conditioned on Hadfield’s continued service as a member of the Board of Directors through that date.
Does Chris Hadfield’s RSU grant at Momentus (MNTS) involve cash payments?
The filing describes the RSUs as equity awards, each representing a contingent right to receive one share of Class A Common Stock. The reported transaction price per RSU is $0.0000, indicating a compensation grant rather than a cash purchase in the open market.