Layman Jon 4

What Happened Jon Layman, Chief Legal Officer of Momentus Inc. (MNTS), received two awards of restricted stock units (RSUs) on May 19, 2026: 6,457 RSUs and 10,635 RSUs, for a total of 17,092 RSUs. Both grants were recorded at $0.00 per share (no cash paid by Layman at grant). These are awards (not open‑market purchases or sales) and represent contingent rights to receive shares if vesting conditions are met.

Key Details

• Transaction date: 2026-05-19; Filing date: 2026-05-21 (filed within the typical two-business-day window).
• Grant details:
  • 6,457 RSUs @ $0.00 (reported as an award).
  • 10,635 RSUs @ $0.00 (reported as a derivative award; also RSUs).
• Total RSUs granted: 17,092.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes from the filing:
  • F1: Each RSU represents a contingent right to receive one share of Momentus Class A common stock upon vesting.
  • F2: RSUs vest in three equal annual installments from the Vesting Commencement Date, subject to continued employment through each vesting date.
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing in this Form 4.

Context RSU grants are a common form of executive compensation and do not require the insider to pay cash at grant. Because these are contingent RSUs, they only convert into actual shares (and thus can be sold) if Layman remains employed and the RSUs vest according to the schedule. Awards recorded at $0 reflect grant accounting on the Form 4 and do not indicate market value realized.