STOCK TITAN

FMR LLC reports 2,824,924 shares (5.0%) in MNTN Inc. (NASDAQ: MNTN)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

MNTN INC reports a Schedule 13G/A showing FMR LLC beneficially owns 2,824,924 shares of Class A common stock, representing 5.0% of the class. The filing lists FMR LLC's sole dispositive power over 2,824,924 shares and zero shared voting or dispositive power. The cover shows Abigail P. Johnson with dispositive power over the same share count.

The filing is an ownership disclosure under Schedule 13G/A and includes an Exhibit 99 13d-1(k)(1) agreement and a referenced power of attorney.

Positive

  • None.

Negative

  • None.

Insights

FMR LLC reports a passive 5.0% stake in MNTN's Class A shares.

FMR LLC is shown with sole dispositive power over 2,824,924 shares and no shared voting power, consistent with a large institutional holder filing under Schedule 13G/A. The filing references an attached Exhibit 99 agreement and a power of attorney.

Cash‑flow treatment is not stated; subsequent filings or exhibits may clarify any voting arrangements. Timing and changes versus prior filings are not provided in the excerpt.

Beneficial ownership 2,824,924 shares Amount beneficially owned reported on Schedule 13G/A
Percent of class 5.0% Percent of Class A common stock reported
Sole dispositive power 2,824,924 shares Sole power to dispose or direct disposition
Sole voting power (FMR LLC) 2,823,158 shares Sole voting power listed on cover data
CUSIP 55318A108 Class A common stock CUSIP
Schedule 13G/A regulatory
"Schedule 13G/A (Amendment No. 3) reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned regulatory
"Amount beneficially owned: 2824924.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 2824924.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
13d-1(k)(1) agreement regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement"





55318A108

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



FMR LLC
Signature:Richard Bourgelas
Name/Title:Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:05/05/2026
Abigail P. Johnson
Signature:Richard Bourgelas
Name/Title:Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of Abigail P. Johnson*
Date:05/05/2026

Comments accompanying signature: *This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on April 29,2026, accession number: 0000315066-26-000738.
Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.

FAQ

What stake does FMR LLC report in MNTN (MNTN)?

FMR LLC reports beneficial ownership of 2,824,924 shares, equal to 5.0% of MNTN's Class A common stock. The filing lists sole dispositive power for the same share count and no shared voting power.

Does the filing show voting control by FMR LLC or Abigail P. Johnson?

The filing shows FMR LLC with sole dispositive power over 2,824,924 shares and zero shared voting power. Abigail P. Johnson is listed with dispositive power over the same share count, per the cover data.

What filing type did FMR LLC use to disclose its MNTN stake?

FMR LLC filed a Schedule 13G/A (Amendment No. 3) to disclose ownership of MNTN Class A common stock and included an Exhibit 99 13d-1(k)(1) agreement and a referenced power of attorney.

Is FMR LLC identified as an activist or passive holder in this filing?

This Schedule 13G/A format and the content provided are consistent with a passive institutional disclosure; the excerpt does not state activist intentions or a change in purpose for the holdings.

Where can I find details about the authority used to sign this filing?

The signatures reference a Power of Attorney effective April 13, 2026 and incorporate Exhibit 24 filed by FMR LLC; the filing notes Exhibit 99 for a 13d-1(k)(1) agreement for subsidiary identification.