MNTN director granted 23,446 RSUs

Bhat Phalachandra reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Bhat Phalachandra reported acquisition or exercise transactions in this Form 4 filing.

MNTN, Inc. director Bhat Phalachandra received an equity award of 23,446 shares of Class A Common Stock in the form of restricted stock units. The award has a grant price of $0.00 per share and increases his directly held stake to 38,620 shares.

Each RSU represents a contingent right to one Class A share. The RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before MNTN’s next annual meeting of stockholders, subject to his continued service on the board through the vesting date.

Insider Trade Summary

Grant/Award: 23,446 shares

Grant/Award 1 txn

Insider Bhat Phalachandra

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	23,446	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 38,620 shares (Direct)

Footnotes (1)

1. F1. Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of MNTN, Inc. Class A common stock. The RSU award vests in full on the earlier of (i) the first anniversary of the date of grant and (ii) immediately prior to the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service on the Issuer's board of directors through such vesting date.

Key Figures

RSU grant size: 23,446 shares Transaction price per share: $0.00 per share Shares held after grant: 38,620 shares +2 more

5 metrics

RSU grant size 23,446 shares Restricted stock units of Class A Common Stock granted to director

Transaction price per share $0.00 per share Grant/award acquisition price for RSU grant

Shares held after grant 38,620 shares Total Class A shares directly held by Bhat Phalachandra post-transaction

Vesting schedule trigger 1 First anniversary of grant date RSUs vest in full on this date if still serving on board

Vesting schedule trigger 2 Immediately prior to next annual meeting Alternative vesting date if earlier than first anniversary

Key Terms

restricted stock units ("RSUs"), Class A common stock, annual meeting of stockholders, contingent right

4 terms

restricted stock units ("RSUs") financial

"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Class A common stock financial

"Each RSU represents a contingent right to receive one share of MNTN, Inc. 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.

annual meeting of stockholders financial

"immediately prior to the Issuer's next annual meeting of stockholders following the date of grant"

contingent right financial

"Each RSU represents a contingent right to receive one share of MNTN, Inc. Class A common stock."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MNTN (MNTN) report for Bhat Phalachandra?

MNTN, Inc. reported that director Bhat Phalachandra received a grant of 23,446 restricted stock units of Class A Common Stock. This equity award is compensation-related, carries a zero cash purchase price, and increases his directly held stake to 38,620 shares after the grant.

How many MNTN (MNTN) shares does Bhat Phalachandra hold after this Form 4?

After the reported grant, Bhat Phalachandra directly holds 38,620 shares of MNTN Class A Common Stock. This reflects the addition of 23,446 restricted stock units, each representing a right to receive one share upon vesting, as disclosed in the Form 4 filing.

What are the vesting terms of Bhat Phalachandra’s MNTN (MNTN) RSU award?

The RSU award vests in full on the earlier of the first anniversary of the grant date or immediately before MNTN’s next annual meeting of stockholders. Vesting is conditioned on Bhat Phalachandra’s continued service on the company’s board of directors through the applicable vesting date.

Does Bhat Phalachandra pay cash for the MNTN (MNTN) RSU grant?

No cash payment is required for this RSU grant; the transaction price per share is reported as $0.00. The units are compensation awarded by MNTN, each representing a contingent right to receive one share of Class A Common Stock if vesting conditions are satisfied.

What type of security was granted in MNTN (MNTN) director’s Form 4?

The Form 4 shows a grant of restricted stock units, each tied to one share of MNTN Class A Common Stock. RSUs are a form of equity compensation that convert into shares if vesting conditions, such as continued board service, are met by the holder.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/15/2026 - 07:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bhat Phalachandra

(Last) (First) (Middle)

C/O MNTN, INC.

823 CONGRESS AVENUE, #1827

(Street)

AUSTIN TEXAS 78768

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MNTN, Inc. [ MNTN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/11/2026		A		23,446(1)	A	$0	38,620	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of MNTN, Inc. Class A common stock. The RSU award vests in full on the earlier of (i) the first anniversary of the date of grant and (ii) immediately prior to the Issuer's next annual meeting of stockholders following the date of grant, subject to the Reporting Person's continued service on the Issuer's board of directors through such vesting date.

Remarks:

	/s/ Richard Ballard, Attorney-in-Fact	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)