FMR LLC and Abigail P. Johnson report 6.4% MNTN (MNTN) Class A stake
Rhea-AI Filing Summary
MNTN Inc. received an amended Schedule 13G filing showing that FMR LLC and Abigail P. Johnson beneficially own 2,822,967 shares of MNTN Class A common stock, representing 6.4% of the class as of the event date. FMR LLC has sole voting and dispositive power over these shares, while Abigail P. Johnson is reported with sole dispositive power over the same amount and no voting power. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of MNTN Inc.
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FAQ
What percentage of MNTN (MNTN) Class A stock does FMR LLC report owning?
FMR LLC reports beneficial ownership of 6.4% of MNTN Class A common stock. The filing shows FMR LLC holds 2,822,967 shares with sole voting and dispositive power. This stake crosses the 5% threshold that requires a Schedule 13G filing with the SEC.
Who are the reporting persons in the MNTN (MNTN) Schedule 13G/A Amendment No. 2?
The reporting persons are FMR LLC and Abigail P. Johnson. FMR LLC is organized in Delaware with its principal office in Boston, Massachusetts. Abigail P. Johnson is a United States citizen and is listed with dispositive power over the same 2,822,967 MNTN Class A shares.
Does the MNTN (MNTN) Schedule 13G/A indicate an intent to influence control of the company?
The filing states the securities were acquired and are held in the ordinary course of business. It further certifies they were not acquired and are not held for the purpose of changing or influencing control of MNTN Inc. or in connection with any such transaction.
What is the event date referenced in the MNTN (MNTN) Schedule 13G/A filing?
The event date that triggered the Schedule 13G/A filing is December 31, 2025. This date marks when the reported beneficial ownership position applied for purposes of this amendment, leading to the updated disclosure of FMR LLC’s and Abigail P. Johnson’s holdings.