Ensler Lon 4
Research Summary
AI-generated summary
Momentus (MNTS) CFO Lon Ensler Receives RSU Award
What Happened
- Lon Ensler, Chief Financial Officer of Momentus Inc. (MNTS), received equity awards on 2026-05-19 totaling 20,512 restricted stock units (RSUs). The filing reports two grants: 5,405 RSUs and 15,107 RSUs, each recorded at a $0.00 acquisition price (no cash paid). These are awards (not open-market purchases or sales).
Key Details
- Transaction date: 2026-05-19; Form 4 filed 2026-05-21.
- Grants: 5,405 RSUs and 15,107 RSUs — total 20,512 RSUs.
- Price: $0.00 per unit (award/grant).
- Footnotes:
- F1: Each RSU equals a contingent right to one share of Momentus Class A common stock.
- F2: RSUs vest in three equal annual installments from the Vesting Commencement Date, subject to continued employment.
- Shares owned after the transaction: not specified in the summary filing information provided.
- No late-filing flag noted in the information provided.
Context
- RSU grants are compensation awards, not open-market buys or sales; they don't require immediate cash outlay and only convert to actual shares as they vest. Because vesting is time- and service-based, these grants are typically part of pay/retention and are not a direct short-term market signal.