Momentus Director Brian Kabot Buys 1,850 Shares at $5.40, Lifting Stake to 3,295
Updated
Updated · StockTitan · May 27
Momentus Director Brian Kabot Buys 1,850 Shares at $5.40, Lifting Stake to 3,295
1 articles · Updated · StockTitan · May 27
Brian Kabot bought 1,850 Momentus Class A shares in an open-market purchase, paying a weighted average $5.4046 per share for a roughly $10,000 investment.
The purchase was executed across multiple trades ranging from $5.275 to $5.6099, with the reported price reflecting the weighted average.
Kabot's directly held position rose to 3,295 shares after the transaction, according to the filing.
The filing also said his direct ownership now appears higher than previously reported because SRC-NI Holdings distributed shares to its investors.
With insiders buying and stock soaring 234%, can Momentus's orbital services actually hit its lofty 2026 revenue target?
Can Momentus's space logistics business thrive when critical government regulations for its sector are still waiting to be written?