STOCK TITAN

MNTN (MNTN) director Grant Ries receives 23,446 RSUs in stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ries Grant reported acquisition or exercise transactions in this Form 4 filing.

MNTN, Inc. director Grant Ries received an equity award in the form of 23,446 shares of Class A Common Stock for no cash payment. These are restricted stock units, each representing one share, and will vest in full on the earlier of the first anniversary of the grant date or immediately before the company’s next annual meeting of stockholders, as long as Ries continues to serve on the board. After this grant, Ries directly holds 117,196 shares of Class A Common Stock.

Positive

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Insider Ries Grant
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 23,446 $0.00 --
Holdings After Transaction: Class A Common Stock — 117,196 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 23,446 shares Restricted stock units of Class A Common Stock granted
Grant price $0.00 per share Equity award, not an open-market purchase
Post-transaction holdings 117,196 shares Total Class A Common Stock directly held after grant
Vesting schedule 1 year or next annual meeting RSUs vest on earlier of first anniversary or next stockholders’ meeting, with continued service
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
"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"
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SEC Form 4
FORM 4UNITED 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*
Ries Grant

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/11/2026A23,446(1)A$0117,196D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact06/15/2026
** Signature of Reporting PersonDate
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)

FAQ

What did MNTN (MNTN) director Grant Ries report in this Form 4?

Grant Ries reported receiving 23,446 restricted stock units of MNTN Class A common stock as a grant. Each unit represents one share and was awarded at a price of $0.00 per share as part of director compensation.

How many MNTN (MNTN) shares does Grant Ries hold after this transaction?

After the grant, Grant Ries directly holds 117,196 shares of MNTN Class A common stock. This total includes the newly awarded 23,446 restricted stock units, which convert into shares upon vesting under the award’s terms.

What are the vesting terms of Grant Ries’s RSU award at MNTN (MNTN)?

The RSU award vests in full on the earlier of the first anniversary of the grant date or immediately before MNTN’s next annual stockholders’ meeting. Vesting is conditioned on Ries continuing to serve on the company’s board through that vesting date.

What type of securities did MNTN (MNTN) grant to Grant Ries?

MNTN granted restricted stock units that each represent a contingent right to receive one share of its Class A common stock. These RSUs are a form of equity compensation rather than a cash purchase of shares on the open market.

Was Grant Ries’s MNTN (MNTN) equity award an open-market purchase?

No, the transaction was coded as a grant or award acquisition with a price of $0.00 per share. It reflects equity compensation in the form of restricted stock units, not an open-market buy or sell of MNTN shares.