Reed Kimberly A. 4
4 · Momentus Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Momentus (MNTS) Director Kimberly Reed Receives RSUs, Exercises Derivative
What Happened Kimberly A. Reed, a member of Momentus Inc.'s Board of Directors, acquired 913 shares through the exercise/conversion of a derivative security and was granted 6,039 restricted stock units (RSUs) on May 18, 2026. Both transactions show an acquisition price of $0, so the reported dollar value is $0. The RSUs are a contingent right to common shares (see footnote).
Key Details
- Transaction date: 2026-05-18; filing date (Form 4): 2026-05-20 (timely filing).
- Transactions reported: Exercise/conversion of derivative (M) — 913 shares at $0; Grant/award (A) — 6,039 RSUs at $0.
- Total shares involved: 6,952 (913 acquired immediately via derivative; 6,039 contingent via RSUs).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 — each RSU converts to one share of Class A common stock. F2 — the RSUs vest in full on the earlier of May 18, 2027 or the 2027 Annual Meeting, subject to Reed’s continued board service through vesting.
- No sales or immediate dispositions reported; not a cash sale or 10b5‑1 plan disclosure.
Context This filing reflects a board-related equity award and a derivative conversion rather than an open-market purchase or sale. RSU grants are common for director compensation; the RSUs are contingent and subject to a one-year (or meeting-tied) vesting condition. Because the reported price is $0, the filing shows acquisition of rights to shares rather than a paid purchase.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-05-18+913→ 2,115 total - Award
Restricted Stock Units
[F1][F2]2026-05-18+6,039→ 6,039 total→ Class A Common Stock (6,039 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Momentus Inc. Class A Common Stock.
- [F2]The RSUs will vest in full on the earlier to occur of May 18, 2027 or the day of the 2027 Annual Meeting, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.