Form 4: Momentus Director Kimberly Reed Receives Significant Equity Grant

Momentus Inc. Director Kimberly A. Reed was granted 16,294 Restricted Stock Units, representing a contingent right to Class A Common Stock, as part of her compensation.

Summary

• Kimberly A. Reed, a Director of Momentus Inc. (MNTS), acquired 16,294 shares of Class A Common Stock and 16,294 Restricted Stock Units (RSUs) on June 30, 2025.
• The acquisition price for both the Class A Common Stock and the RSUs was $0, indicating these were grants rather than purchases.
• Each RSU represents a contingent right to receive one share of Momentus, Inc. Class A Common Stock.
• Following these transactions, Kimberly A. Reed beneficially owns 21,441 shares of Class A Common Stock and 16,294 Restricted Stock Units.
• The RSUs are scheduled to vest in full on the earlier of June 30, 2026, or the day before the 2026 Annual Meeting, contingent upon Ms. Reed's continued service as a Board Director.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While it represents an increase in potential future share dilution, it is a standard compensation practice that aligns director interests with shareholders, which is generally viewed favorably.

Positives

• The grant of Restricted Stock Units to a director aligns their interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
• Equity compensation is a standard practice for retaining and incentivizing experienced board members.

Future Outlook

The Restricted Stock Units granted to Kimberly A. Reed are set to vest in full on the earlier of June 30, 2026, or the day before the 2026 Annual Meeting, provided her continued service as a Board Director.

Industry Context

The granting of equity compensation, such as Restricted Stock Units, to independent directors is a common practice across publicly traded companies, including those in the space and aerospace industries like Momentus Inc. This method is widely used to align the interests of the board with long-term shareholder value.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a form of director compensation is a standard practice in the U.S. public company landscape, consistent with corporate governance norms for companies of similar size and industry to Momentus Inc.
• While the specific number of units granted would require a detailed peer analysis (e.g., comparing to director compensation at companies like Rocket Lab USA, Inc. (RKLB) or Astra Space, Inc. (ASTR)), the mechanism of an RSU grant with service-based vesting is typical for non-employee directors.

Stakeholder Impact

• Shareholders: The grant of RSUs aligns the director's financial interests with long-term shareholder value, as the value of the compensation is tied to the stock price. However, it also represents potential future dilution upon vesting.
• Employees: No direct impact mentioned.

Next Steps

• The vesting of the 16,294 Restricted Stock Units on the earlier of June 30, 2026, or the day before the 2026 Annual Meeting, subject to continued service.

Key Dates

Keywords

Momentus Inc., MNTS, Kimberly A. Reed, Restricted Stock Units, RSU, Director Compensation, Equity Grant, SEC Form 4, Insider Transaction