secwatch.observer — SEC 8-K summary
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Issuer:     Momentus Inc. (MNTS)
CIK:        0001781162
Form:       8-K
Filed at:   2022-02-14T23:59:59+00:00
Accession:  0001781162-22-000014
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Momentus enters separation agreement with former President Fred Kennedy; $350K severance
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- Former President Fred Kennedy's separation effective Jan 21, 2022; $350K cash severance in two installments.
- $250K paid on effective date (after 7-day revocation period); $100K due by April 1, 2022.
- Of 458,295 RSUs granted, 152,908 vested; 305,387 unvested forfeited per equity plan.
- Agreement includes release of claims, non-disparagement, cooperation, and confidentiality covenants.
- Kennedy waives indemnification for attorney fees in the Stable Road Acquisition Corp. securities litigation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781162/000178116222000014/0001781162-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781162/000178116222000014/mnts-20220209.htm
  HTML page:      https://secwatch.observer/filing/0001781162-22-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer