Momentus (MNTS) director Mercado gains 913 shares and 6,039 RSUs in equity grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Momentus Inc. director Victorino Mercado reported equity-based compensation activity. He exercised a derivative security into 913 shares of Class A Common Stock, bringing his direct common stock holdings to 2,077 shares. He was also granted 6,039 Restricted Stock Units, each representing a contingent right to one share of Class A Common Stock.
The 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 date. These transactions reflect routine director compensation and equity alignment rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mercado Victorino
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 — 2,077 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 exercise: 913 shares
Shares held after exercise: 2,077 shares
RSUs granted: 6,039 RSUs
+2 more
5 metrics
Shares acquired via exercise
913 shares
Class A Common Stock acquired through derivative exercise on May 18, 2026
Shares held after exercise
2,077 shares
Direct Class A Common Stock holdings following the transaction
RSUs granted
6,039 RSUs
Restricted Stock Units granted on May 18, 2026
Underlying shares for RSUs
6,039 shares
Each RSU represents one share of Class A Common Stock
RSU vesting date
May 18, 2027
Vests on May 18, 2027 or 2027 Annual Meeting, whichever occurs first
Key Terms
Restricted Stock Unit, Class A Common Stock, Annual Meeting, Board of Directors
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit (RSU) represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class A Common Stock financial
"Each Restricted Stock Unit (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.
Annual Meeting financial
"on the earlier to occur of May 18, 2027 or the day of the 2027 Annual Meeting"
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.
Board of Directors financial
"subject to the Reporting Person's continued service as a member of the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transactions did Momentus (MNTS) director Victorino Mercado report?
Victorino Mercado reported exercising a derivative security into 913 shares of Class A Common Stock and receiving 6,039 Restricted Stock Units. These equity awards are part of his director compensation rather than open-market share purchases or sales.
What are the terms of the 6,039 Restricted Stock Units granted to Victorino Mercado at Momentus (MNTS)?
The 6,039 Restricted Stock Units each represent a contingent right to receive one share of Momentus Class A Common Stock. They will vest in full on May 18, 2027 or the 2027 Annual Meeting date, whichever occurs first, if he remains on the Board.
Is Victorino Mercado’s Form 4 for Momentus (MNTS) an open-market buy or sell?
The Form 4 does not show any open-market buys or sells. It reports a derivative exercise converting into 913 shares and a grant of 6,039 Restricted Stock Units, both classified as acquisition-type compensation-related equity transactions.
When will Victorino Mercado’s new Momentus (MNTS) RSUs vest?
The RSUs will vest in full on the earlier of May 18, 2027 or the date of the 2027 Annual Meeting. Vesting is conditioned on Victorino Mercado continuing to serve as a member of the Board of Directors through that vesting date.