MNTN (NYSE: MNTN) holder files Form 144 to sell 168,257 Class A shares

Rhea-AI Filing Summary

A shareholder of MNTN has filed a Form 144 notice to sell up to 168,257 shares of Class A common stock through Morgan Stanley Smith Barney on or about 12/02/2025 on the NYSE, with an aggregate market value of $2,253,701.56. The filing notes that 44,231,894 shares of this class were outstanding.

The securities to be sold were acquired from the issuer in 2023 via a convertible note and private acquisitions, all paid in cash. The notice also reports that during the past three months, Hadi Partovi Investments LLC sold 192,598 common shares for gross proceeds of $2,592,195.74.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	168257	2253701.56	44231894	12/02/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common	01/30/2023	Convertible Note	Issuer			100835	01/30/2023	Cash
Class A Common	02/16/2023	Private Acquisition from Issuer/Affiliate	Issuer			58922	02/16/2023	Cash
Class A Common	02/16/2023	Private Acquisition from Issuer/Affiliate	Issuer			8500	02/16/2023	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
HADI PARTOVI INVESTMENTS LLC 823 Congress Avenue #1827 Austin TX 78768	Common	12/01/2025	192598	2592195.74

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filing related to MNTN disclose?

The notice states that a shareholder intends to sell up to 168,257 shares of MNTN Class A common stock on the NYSE under Rule 144.

How many MNTN shares are planned to be sold and what is their market value?

The filing covers up to 168,257 shares of Class A common with an aggregate market value of about $2,253,701.56.

How many MNTN Class A shares are outstanding according to the filing?

The document reports that 44,231,894 shares of MNTN Class A common stock were outstanding.

When were the MNTN shares being sold originally acquired?

The shares were acquired in January 2023 via a convertible note and in February 2023 through private acquisitions from the issuer, all paid in cash.

Which broker is handling the planned MNTN share sale?

The planned sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services in New York.

What MNTN share sales occurred in the past three months per the notice?

The filing reports that Hadi Partovi Investments LLC sold 192,598 common shares on 12/01/2025 for gross proceeds of $2,592,195.74.

Does the Form 144 for MNTN include any representation about undisclosed adverse information?

Yes. By signing, the seller represents that they do not know any material adverse information about the issuer’s operations that has not been publicly disclosed.