Momentus (MNTS) CEO John Rood receives new stock and 40,485 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rood John C. reported acquisition or exercise transactions in this Form 4 filing.
Momentus Inc. reported that Chief Executive Officer John C. Rood received equity-based compensation. He was granted 55,350 shares of Class A Common Stock and 40,485 Restricted Stock Units (RSUs) at no cash cost per share. Following the stock grant, he directly holds 55,474 shares of Class A Common Stock.
The RSU award covers 40,485 underlying shares of Class A Common Stock. Each RSU represents a contingent right to receive one share, and the RSUs vest in three equal annual installments from the Vesting Commencement Date, subject to his continued employment through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rood John C.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 40,485 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 55,350 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 63,299 shares (Direct, null);
Class A Common Stock — 55,474 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. 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: 55,350 shares
RSU grant: 40,485 units
Stock grant price: $0.00 per share
+4 more
7 metrics
Common stock grant
55,350 shares
Class A Common Stock granted to CEO on May 19, 2026
RSU grant
40,485 units
Restricted Stock Units granted on May 19, 2026
Stock grant price
$0.00 per share
Transaction price for Class A Common Stock grant
RSU grant price
$0.00 per unit
Transaction price for Restricted Stock Unit grant
Shares held after grant
55,474 shares
Total Class A Common Stock directly held after transaction
RSUs held after grant
63,299 units
Total Restricted Stock Units held after transaction
RSU vesting schedule
3 equal annual installments
RSUs vest over three years from Vesting Commencement Date
Key Terms
Restricted Stock Unit, Class A Common Stock, Vesting Commencement Date, Grant, award, or other acquisition
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.
Vesting Commencement Date financial
"RSUs, which vest in three equal annual installments from Vesting Commencement Date"
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What equity awards did MNTS CEO John C. Rood receive in this Form 4?
John C. Rood received a grant of 55,350 shares of Class A Common Stock and 40,485 Restricted Stock Units. Both awards were recorded at a per-share transaction price of $0.00, indicating they were compensation grants rather than open-market purchases.
What are the terms of the 40,485 Restricted Stock Units granted to the MNTS CEO?
The 40,485 Restricted Stock Units each represent a right to receive one share of Class A Common Stock. These RSUs vest in three equal annual installments starting from the Vesting Commencement Date, contingent on the executive’s continued employment through each vesting date.
Is the MNTS CEO’s equity transaction a market buy or a compensation grant?
The transaction is a compensation grant, not a market purchase. The Form 4 uses transaction code “A” for both the stock and RSUs, and shows a $0.00 price per share, indicating a grant, award, or other acquisition rather than an open-market buy or sell.
How many RSUs does the MNTS CEO hold after these awards?
Following the new award, the CEO’s total Restricted Stock Unit holdings are reported as 63,299 units. Each unit is tied to one underlying share of Class A Common Stock, subject to vesting conditions and future settlement into shares as those conditions are satisfied.
Do the MNTS CEO’s RSUs provide immediate voting rights in the company?
The filing states each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock. It describes RSUs as rights to future shares, not current share ownership, so voting and other shareholder rights typically begin when shares are actually issued.