Director at MNTN (NASDAQ: MNTN) receives 2,164-share stock grant as 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 2,164 shares of Class A common stock, valued at $8.95 per share. These shares were issued as compensation in lieu of cash fees under the company’s Non-Employee Director Compensation Program, bringing his directly held stake to 2,164 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 | 2,164 | $8.95 | $19K |
Holdings After Transaction:
Class A Common Stock — 2,164 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,164 shares
Grant value per share: $8.95 per share
Shares held after grant: 2,164 shares
3 metrics
Shares granted
2,164 shares
Class A common stock grant to director
Grant value per share
$8.95 per share
Reported value for stock award
Shares held after grant
2,164 shares
Director’s direct holdings following transaction
Key Terms
Grant, award, or other acquisition, Non-Employee Director Compensation Program, Class A Common Stock, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Non-Employee Director Compensation Program financial
"pursuant to the MNTN, Inc. Non-Employee Director Compensation Program"
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 insider transaction did MNTN (MNTN) report for Joseph John Kaiser?
MNTN reported that director Joseph John Kaiser received 2,164 shares of Class A common stock. The shares were granted as compensation, not bought on the market, and represent his entire directly held position after the transaction.
Was the MNTN (MNTN) insider transaction a market purchase or a compensation grant?
The transaction was a grant/award acquisition, not a market purchase. Kaiser received 2,164 shares in lieu of cash fees under MNTN’s Non-Employee Director Compensation Program, so no open-market buying or selling occurred in this filing.