Ries Grant 4
4 · MNTN, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
MNTN Director Ries Grant Receives 23,446-Share RSU Award
What Happened
Ries Grant, a director of MNTN, Inc. (MNTN), was granted 23,446 restricted stock units (RSUs) on 2026-06-11. The Form 4 shows an acquisition price of $0.00 (typical for RSU grants); these RSUs are a contingent right to receive shares in the future rather than an immediate purchase of stock.
Key Details
- Transaction date: 2026-06-11; filing date: 2026-06-15 (timely filed).
- Reported transaction type/code: Award/Grant (A).
- Shares granted: 23,446 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: RSUs vest in full on the earlier of (i) the first anniversary of the grant or (ii) immediately prior to the issuer’s next annual meeting, subject to continued service on the board. (See footnote F1.)
- No indication of a 10b5-1 plan, tax withholding sale, or immediate sale of underlying shares in this filing.
Context
RSUs are common director compensation and represent a promise to deliver shares if vesting conditions are met; they do not reflect an immediate cash outlay or sale. Because this is a grant (not a purchase or sale), it’s a routine compensation event rather than a direct market sentiment signal.
Insider Transaction Report
Form 4
MNTN, Inc.MNTN
Ries Grant
Director
Transactions
- Award
Class A Common Stock
[F1]2026-06-11+23,446→ 117,196 total
Footnotes (1)
- [F1]Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of MNTN, Inc. Class A common stock. The RSU award vests in full on the earlier of (i) the first anniversary of the date of grant and (ii) immediately prior to the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service on the Issuer's board of directors through such vesting date.
Signature
/s/ Richard Ballard, Attorney-in-Fact|2026-06-15