MNTN Director Michael J. Katz Receives 29,717 RSUs

What Happened
Michael J. Katz, a director of MNTN, Inc. (MNTN), was granted 29,717 restricted stock units (RSUs) on September 3, 2026. The Form 4 shows an acquisition (code A) of 29,717 shares at $0.00 (an RSU award, not a cash purchase). This is a compensation award rather than a market buy or sell.

Key Details

• Transaction date: 2026-09-03 (Grant; code A). Report filed: 2026-09-08.
• Amount: 29,717 RSUs; reported acquisition price $0.00 (RSU grant).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The award consists of RSUs; each RSU is a contingent right to one share. Vesting: one‑twelfth (1/12) of the RSUs vest on each of the first twelve quarterly anniversaries of September 3, 2026 (i.e., quarterly over three years).
• Timeliness: Filing posted five days after the grant date (appears later than the typical 2‑business‑day Form 4 window).

Context
RSU grants are a common form of director compensation and do not reflect an open‑market buy or sale. RSUs convert to actual shares only as they vest per the schedule above; until vested they are a contingent right to receive shares.