Momentus Inc.·4

May 20, 10:12 AM ET

Kabot Brian 4

Research Summary

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Updated

Momentus (MNTS) Director Brian Kabot Buys 1,850 Shares

What Happened

  • Brian Kabot, a director of Momentus Inc. (MNTS), made an open-market purchase (code P) of 1,850 shares on 2026-05-15. The weighted-average price reported is $5.40 per share, for a total purchase value of $9,999. This was an acquisition (purchase), which is typically viewed as more informative than routine sales but does not prove intent.

Key Details

  • Transaction date: 2026-05-15; Form 4 filed: 2026-05-20.
  • Price details: trades executed at prices ranging from $5.275 to $5.6099; $5.40 is the weighted-average reported (see footnote F1).
  • Total shares acquired: 1,850; total cash value reported: $9,999.
  • Ownership after transaction: the filing indicates the reporting person’s direct ownership shown is larger than previously reported due to a distribution by SRC-NI Holdings, LLC (footnote F2). Consult the full Form 4 for the exact post-transaction share total.
  • Filing timeliness: The Form 4 was filed five days after the trade (filed 2026-05-20 for a 2026-05-15 trade), which exceeds the standard two-business-day SEC deadline for Form 4s and may be considered late.

Context

  • Footnote F1 notes the purchase was executed in multiple trades and the filer can provide trade-by-trade details on request. Footnote F2 explains an increase in reported direct ownership resulted from a distribution of shares from SRC-NI Holdings, LLC to its investors — this is an ownership reporting detail, not a separate market trade.
  • For retail investors, purchases by company insiders can be informative but are only one data point; review the full Form 4 and other disclosures for complete context.