MNTN (MNTN) files Rule 144 for 86,665-share Class A stock sale

Rhea-AI Filing Summary

MNTN has a planned insider sale under Rule 144 for 86,665 shares of Class A common stock through Morgan Stanley Smith Barney on or about 12/03/2025 on the NYSE, with an indicated aggregate market value of $1,160,687.01. Class A common shares outstanding are listed at 44,231,894.

The shares to be sold were acquired on 01/30/2023 from the issuer via a convertible note transaction paid in cash. The filing also discloses that Hadi Partovi Investments LLC has sold additional common shares in the past three months, including 168,257 shares on 12/02/2025 for $2,253,701.56 and 192,598 shares on 12/01/2025 for $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	86665	1160687.01	44231894	12/03/2025	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			86665	01/30/2023	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	12/02/2025	168257	2253701.56
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 for MNTN disclose?

The filing discloses a planned sale under SEC Rule 144 of 86,665 shares of MNTN Class A common stock, with an indicated aggregate market value of $1,160,687.01, to be executed through Morgan Stanley Smith Barney on or about 12/03/2025 on the NYSE.

How many MNTN shares are planned to be sold in this Rule 144 notice?

The notice covers the planned sale of 86,665 shares of MNTN Class A common stock, with the broker listed as Morgan Stanley Smith Barney LLC Executive Financial Services.

How were the MNTN shares in this Form 144 originally acquired?

The 86,665 Class A common shares were acquired on 01/30/2023 from the issuer through a convertible note transaction, with the consideration described as cash paid on that same date.

How many MNTN shares are outstanding according to this Form 144?

The securities information table lists 44,231,894 MNTN Class A common shares as outstanding, providing context for the size of the planned Rule 144 sale.

What recent MNTN share sales by Hadi Partovi Investments LLC are disclosed?

The filing reports that Hadi Partovi Investments LLC sold MNTN common shares in the past three months, including 168,257 shares on 12/02/2025 for $2,253,701.56 and 192,598 shares on 12/01/2025 for $2,592,195.74.

On which exchange will the MNTN shares in this Form 144 be sold?

The Rule 144 notice states that the Class A common shares are expected to be sold on the NYSE, with Morgan Stanley Smith Barney LLC Executive Financial Services acting as broker.

What representation does the seller make in the MNTN Form 144?

The person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.