Weisman Tony 4
4 · MNTN, Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
MNTN Director Tony Weisman Receives RSU Award of 46,893 Shares
What Happened
Tony Weisman, a director of MNTN, Inc. (MNTN), received an award of 46,893 restricted stock units (RSUs) on June 11, 2026. The RSUs were recorded at $0.00 per unit (no cash paid); RSUs are a form of equity compensation that convert into shares if and when vested. This transaction is an award/grant (code A), not a purchase or sale.
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-17 (filing appears late relative to the typical 2-business-day Form 4 deadline).
- Amount granted: 46,893 RSUs; reported price: $0.00 (standard for RSU grants—no cash exchanged).
- Shares owned after transaction: not disclosed in this filing.
- Footnote: The RSUs vest as to 1/12th of the award on each of the first twelve quarterly anniversaries of June 11, 2026 (i.e., quarterly vesting over three years).
- No tax-withholding sale or 10b5-1 plan is noted in the filing.
Context
RSUs are compensation that become shares over time according to the vesting schedule; they are common for directors and employees and do not necessarily signal a buy or sell intent. Because this is a grant (not an open-market purchase), it primarily reflects compensation rather than a direct market bet by the insider. The late filing is procedural — it’s worth noting because timely disclosure helps investors track insider activity.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-11+46,893→ 46,893 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 as to one-twelfth (1/12th) of the RSUs on each of the first twelve quarterly anniversaries of June 11, 2026.