Form 4: Momentus Inc. Executive Paul Ney Reports Stock Transactions

Paul Ney, Chief Legal Officer & Corp.Sec of Momentus Inc., reports transactions involving Class A Common Stock and Restricted Stock Units on March 20, 2024.

Summary

• On March 20, 2024, Paul Ney, Chief Legal Officer & Corp.Sec of Momentus Inc., engaged in transactions involving the company's Class A Common Stock and Restricted Stock Units (RSUs).
• Ney acquired 289 shares of Class A Common Stock and disposed of 86 shares to satisfy tax withholding obligations at a price of $0.4521 per share, resulting in a holding of 2,252 shares.
• Additionally, Ney acquired 2,500 shares of Class A Common Stock and disposed of 742 shares for tax obligations at $0.4521 per share, resulting in a holding of 4,010 shares.
• Ney also acquired 289 Restricted Stock Units and 2,500 Restricted Stock Units.
• Following these transactions, Ney directly owns 4,010 shares of Class A Common Stock and 5,000 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine insider transaction report, so the sentiment is neutral. It simply reflects the executive's stock activity.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

• The transactions could have a minor impact on shareholders as they provide insight into executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Insider Trading, Stock Transactions, Restricted Stock Units, MNTS, Momentus Inc., Paul Ney, Class A Common Stock