Johnson Joe Boyd 4

What Happened

• Joe Boyd, a director of MNTN, Inc. (MNTN), received a grant of 23,446 restricted stock units (RSUs) on June 11, 2026. The Form 4 shows the acquisition price as $0.00 (typical for equity awards); the RSUs represent a contingent right to one share each upon vesting.

Key Details

• Transaction date: 2026-06-11; reported on Form 4 filed 2026-06-15.
• Amount: 23,446 RSUs acquired at $0.00 per unit (award/grant code A).
• 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, provided Boyd remains on the board through vesting.
• Filing timing: Form 4 was filed four days after the transaction date; Form 4s are generally due within two business days, so this appears later than typical.

Context

• This was an award of RSUs (a compensation grant), not an open-market purchase or sale. RSUs convert to actual shares only upon vesting, so this grant does not represent an immediate change in Boyd’s tradable holdings.
• Equity awards to directors are common as compensation and do not necessarily signal a buy/sell opinion by the insider.