Chris Hadfield, a director at Momentus Inc. (NASDAQ:MNTS), acquired shares of the company's Class A Common Stock on May 15, 2026.
The transaction involved the purchase of 1,500 shares at $5.32 per share, totaling $7,980. These shares were acquired indirectly through Hadfield Inc. Following this, Hadfield Inc. holds 1,500 shares of Momentus Class A Common Stock.
The stock currently trades at $6.13, having declined 84.5% over the past year. According to Bond.az analysis, the stock appears undervalued at current levels.
Mr. Hadfield also directly holds 971 shares of Class A Common Stock. Additionally, he holds 913 Restricted Stock Units (RSUs), which vest on the earlier of June 30, 2026, or the day before the 2026 Annual Meeting.
The transaction was reported in a Form 4 filing with the SEC on May 18, 2026.
In other recent news, Momentus projects $10.0 million in revenue for 2026, up from $1.1 million in 2025, driven by contracts with NASA and the U.S. Department of Defense. The company also completed a preliminary design review for its Vigoride 8 mission, launching in early 2027.
