Momentus (MNTS) CTO receives 5,974 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCHWARZ ROBERT E reported acquisition or exercise transactions in this Form 4 filing.
Momentus Inc. Chief Technology Officer Robert E. Schwarz reported receiving a grant of 5,974 Restricted Stock Units (RSUs) on February 27, 2026. Each RSU represents a contingent right to receive one share of Momentus Class A common stock, with no cash paid for the award.
The RSUs vest in three equal annual installments starting from the Vesting Commencement Date, as long as Schwarz remains employed through each vesting date. This is a direct equity-based compensation award that increases his potential future ownership in the company as the units vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHWARZ ROBERT E
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,974 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,974 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Momentus Inc. Class A Common Stock. Represents a grant of Restricted Stock Units, which vest in three equal annual installments from Vesting Commencement Date, subject to Executive's continued Employment through each such vesting date.
FAQ
What insider transaction did Momentus (MNTS) report for Robert E. Schwarz?
Momentus reported that Chief Technology Officer Robert E. Schwarz received a grant of 5,974 Restricted Stock Units on February 27, 2026. These equity awards are a form of compensation and give him a contingent right to receive Momentus Class A common shares over time.
How many Restricted Stock Units were granted to the MNTS CTO?
The Momentus CTO received a grant of 5,974 Restricted Stock Units. Each RSU corresponds to one share of Momentus Class A common stock, subject to vesting conditions tied to continued employment over a multi-year period after the Vesting Commencement Date.
What are the vesting terms of the 5,974 RSUs at Momentus (MNTS)?
The 5,974 Restricted Stock Units vest in three equal annual installments starting from the Vesting Commencement Date. Vesting requires the executive to remain employed with Momentus through each annual vesting date, aligning compensation with longer-term service at the company.
Does the MNTS CTO pay cash for the 5,974 RSU grant?
The Form 4 shows the 5,974 Restricted Stock Units were granted at a reported price of $0.0000 per unit. This indicates the award is part of equity compensation, not an open-market share purchase requiring cash payment by the executive.
What does each RSU granted to the MNTS CTO represent?
Each Restricted Stock Unit granted to the Momentus CTO represents a contingent right to receive one share of Momentus Inc. Class A common stock. Delivery of the underlying shares occurs only as the RSUs vest according to the specified multi-year schedule.