Hadfield Chris 4

What Happened
Chris Hadfield, a member of Momentus Inc.'s Board of Directors, acquired a total of 6,952 shares on 2026-05-18 through two actions: conversion/exercise of a derivative for 913 shares (code M) and a grant/award of 6,039 Restricted Stock Units (RSUs) (code A). Both transactions show a $0.00 per-share price (no cash paid).

Key Details

• Transaction dates: 2026-05-18 (reported on Form 4 filed 2026-05-20). Filing appears timely (within the usual two-business-day window).
• Items: M = exercise/conversion of derivative for 913 shares @ $0.00; A = grant of 6,039 RSUs @ $0.00 (derivative award). Total shares involved = 6,952.
• Reported value: $0 for both entries (no cash consideration).
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
• Footnotes:
  • F1: Each RSU represents a contingent right to one share of Momentus Class A common stock.
  • F2: The RSUs vest in full on the earlier of May 18, 2027 or the 2027 Annual Meeting, subject to Hadfield's continued board service through the vesting date.
• No indication of a 10b5-1 plan, tax withholding sale, or immediate sale of the shares in this filing.

Context
This filing records an acquisition via award and conversion rather than an open-market purchase. The 6,039 RSUs are restricted and subject to vesting conditions (likely long-term compensation for board service), so they do not necessarily reflect immediate share ownership or intent to trade. The derivative conversion for 913 shares at $0 suggests an equity settlement or conversion feature rather than a cash exercise.