Form 4: John Rood Reports 327 RSUs Vesting, 116 Shares Withheld (MNTS)
Rhea-AI Filing Summary
John C. Rood, Chief Executive Officer and Director of Momentus Inc. (MNTS) reported transactions on a Form 4 dated 08/20/2025 showing issuance and related withholding tied to vested restricted stock units. The filing records 327 shares of Class A common stock reported under transaction code M with a $0 price (reflecting issuance of vested RSUs) and 116 shares reported under transaction code F disposed at $1.28 (explained as shares withheld by the issuer to satisfy tax-withholding obligations). After the reported entries, the beneficial ownership figures shown are 2,328 shares and 2,212 shares on the respective lines. The RSU award terms state each RSU converts to one share and include a multi-year vesting schedule beginning November 20, 2021, with specified anniversary vesting percentages.
Positive
- Equity alignment retained: RSU issuance (327 shares) reinforces executive ownership alignment with shareholders
- Proper tax handling: Issuer withheld 116 shares to satisfy tax obligations, as disclosed
Negative
- Reduction in direct share count: 116 shares were withheld, lowering the executive's direct holdings on a reported line
Insights
TL;DR: Routine insider RSU vesting with tax-withholding; small share movements, not materially dilutive.
The Form 4 documents standard executive compensation settlement: 327 RSUs vested and 116 shares withheld for taxes at $1.28. These are non-cash compensation mechanics rather than open-market sales, and the amounts are modest relative to typical public-company float sizes. The filing confirms ongoing equity-based alignment between management and shareholders via multi-year vesting.
TL;DR: Governance processes appear orderly: vesting schedule disclosed and withholding handled by issuer.
The disclosure includes the RSU conversion mechanics (one RSU per share) and the explicit vesting cadence: an initial 6.25% vesting in November 2021, 18.75% after the first anniversary beginning August 20, 2022, and 25% on each of the second, third and fourth anniversaries, subject to continued employment. The filing is consistent with required Section 16 reporting for insider compensation events.