MNTN (MNTN) director receives 23,446 RSUs in new stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson Joe Boyd reported acquisition or exercise transactions in this Form 4 filing.
MNTN, Inc. director Joe Boyd Johnson received an equity grant of 23,446 restricted stock units of Class A common stock. Each RSU represents the right to receive one share at vesting. The award vests in full on the earlier of the first anniversary of the grant date or immediately before the next annual meeting of stockholders, subject to his continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Joe Boyd
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 23,446 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 23,446 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 23,446 shares
Grant price: $0.0000 per share
Shares after transaction: 23,446 shares
3 metrics
RSU grant size
23,446 shares
Restricted stock units of Class A common stock granted to director
Grant price
$0.0000 per share
Reported transaction price per RSU on grant
Shares after transaction
23,446 shares
Total direct holdings following RSU grant
Key Terms
restricted stock units ("RSUs"), Class A common stock, vests in full, annual meeting of stockholders
4 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right"
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
"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.
vests in full financial
"The RSU award vests in full on the earlier of (i) the first anniversary"
annual meeting of stockholders financial
"immediately prior to the Issuer's next annual meeting of stockholders following the date"
FAQ
What insider transaction did MNTN (MNTN) report for Joe Boyd Johnson?
MNTN reported that director Joe Boyd Johnson received 23,446 restricted stock units of Class A common stock. These RSUs are a stock-based compensation award, not an open-market purchase or sale, and give him rights to shares upon future vesting.
What are the vesting terms of Joe Boyd Johnson’s MNTN (MNTN) RSUs?
The RSU award vests in full on the earlier of the first anniversary of the grant date or immediately before MNTN’s next annual stockholder meeting. Vesting requires that Johnson continue serving on the company’s board of directors through the applicable vesting date.
Is Joe Boyd Johnson’s MNTN (MNTN) RSU grant an open-market stock purchase?
No, this RSU grant is classified as a grant, award, or other acquisition at no cash cost per share. It represents stock-based compensation rather than an open-market purchase, with shares delivered only if the vesting conditions are satisfied in the future.