MNTN (MNTN) director Tony Weisman receives 46,893 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weisman Tony reported acquisition or exercise transactions in this Form 4 filing.
MNTN, Inc. director Tony Weisman reported an equity compensation grant in the form of restricted stock units. He was awarded 46,893 RSUs of Class A common stock at no cash cost, bringing his reported direct holdings to 46,893 shares/RSUs following the transaction.
Each RSU represents the right to receive one share of Class A common stock. The award is scheduled to vest in twelve equal parts, with 1/12 of the RSUs vesting on each of the first twelve quarterly anniversaries of June 11, 2026, aligning the director’s compensation with longer-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weisman Tony
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 46,893 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 46,893 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 46,893 RSUs
Shares held after grant: 46,893 shares/RSUs
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
46,893 RSUs
Grant of Class A common stock RSUs on June 11, 2026
Shares held after grant
46,893 shares/RSUs
Total direct holdings following the reported transaction
Grant price per share
$0.00 per share
Equity compensation grant with no cash paid by reporting person
Vesting installments
12 quarterly installments
1/12 of RSUs vest on each of first twelve quarterly anniversaries of June 11, 2026
Key Terms
restricted stock units, Class A common stock, quarterly anniversaries
3 terms
restricted stock units financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of MNTN, Inc. Class A common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
quarterly anniversaries financial
"The RSU award vests as to one-twelfth (1/12th) of the RSUs on each of the first twelve quarterly anniversaries of June 11, 2026."
FAQ
What did MNTN (MNTN) director Tony Weisman report in this Form 4?
Director Tony Weisman reported receiving a grant of 46,893 restricted stock units of MNTN Class A common stock. These RSUs are equity compensation and do not involve an open-market stock purchase or sale.
What are the key terms of Tony Weisman’s RSU award at MNTN (MNTN)?
The award consists of 46,893 restricted stock units, each representing one share of Class A common stock. The RSUs vest in twelve installments, with 1/12 vesting on each of the first twelve quarterly anniversaries of June 11, 2026.
Does the MNTN (MNTN) Form 4 show any stock sales by Tony Weisman?
The Form 4 shows an acquisition via grant coded as “A” and does not report any stock sales. It reflects a compensation-related RSU award rather than an open-market buying or selling transaction.
How does the vesting schedule work for MNTN (MNTN) director Tony Weisman’s RSUs?
The RSU award vests as to one‑twelfth of the units on each of the first twelve quarterly anniversaries of June 11, 2026. Over time, each vested RSU converts into one share of Class A common stock.