MNTN (MNTN) director granted 1,701 shares as stock in lieu of cash fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kaiser Joseph John reported acquisition or exercise transactions in this Form 4 filing.
MNTN, Inc. director Joseph John Kaiser received a grant of 1,701 shares of Class A Common Stock, valued at $11.39 per share, as compensation. The shares were issued in lieu of cash fees under MNTN's Non-Employee Director Compensation Program, bringing his direct holdings to 27,311 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kaiser Joseph John
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,701 | $11.39 | $19K |
Holdings After Transaction:
Class A Common Stock — 27,311 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,701 shares
Grant value per share: $11.39 per share
Total shares after transaction: 27,311 shares
+2 more
5 metrics
Shares granted
1,701 shares
Class A Common Stock grant on 2026-07-06
Grant value per share
$11.39 per share
Value used for the stock grant
Total shares after transaction
27,311 shares
Director’s direct holdings following the grant
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Transaction direction
acquire
Non-derivative stock acquired as compensation
Key Terms
Non-Employee Director Compensation Program, Grant, award, or other acquisition, Class A Common Stock, Form 4
4 terms
Non-Employee Director Compensation Program financial
"pursuant to the MNTN, Inc. Non-Employee Director Compensation Program"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did MNTN (MNTN) disclose in this Form 4 filing?
MNTN disclosed that director Joseph John Kaiser received a grant of 1,701 shares of Class A Common Stock. These shares were issued as part of his director compensation, replacing cash fees under the company’s Non-Employee Director Compensation Program.
Was the MNTN (MNTN) insider transaction a market purchase or sale?
The transaction was not a market purchase or sale. The Form 4 shows a grant of 1,701 shares coded “A” for award, received as stock in lieu of cash director fees under MNTN’s Non-Employee Director Compensation Program.
What are Joseph John Kaiser’s MNTN (MNTN) holdings after this grant?
After the grant, Joseph John Kaiser directly holds 27,311 shares of MNTN Class A Common Stock. This total includes the newly issued 1,701 shares received as part of the Non-Employee Director Compensation Program described in the Form 4.
What is the MNTN (MNTN) Non-Employee Director Compensation Program?
The Non-Employee Director Compensation Program allows MNTN to pay some director fees in stock instead of cash. In this filing, 1,701 shares of common stock were granted to director Joseph John Kaiser in lieu of cash fees under this program.