Key facts
- This page summarizes Mark Steven Douglas's Form 4 filing for MNTN, Inc..
- 9 reported transactions and 8 derivative rows are listed below.
- Accepted by SEC: 28 May 2025, 16:30.
Mark Steven Douglas - 21 Feb 2025 Form 4 Insider Report for MNTN, Inc.
- Reporting relationship
- Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- MNTN on NYSE
- Reported as of
- 21 Feb 2025
- Net transaction value
- -$14,400,000
- SEC form
- 4
- Accepted by SEC
- 28 May 2025, 16:30:25 UTC
- Next SEC filing
- 22 May 2025
- Source filing
- View source filing
- Reporting owner signature
- Mark Douglas, /s/ Richard Ballard, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Mark Steven Douglas filed Form 4 for MNTN, Inc. on 28 May 2025.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$14,400,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (2)
CIK 0002059554
Primary reporting owner
Douglas Mark Steven
- Relationship
- Chief Executive Officer, Director, 10%+ Owner
- Address
- C/O MNTN, INC., 823 CONGRESS AVENUE, #1827, AUSTIN
- Signature
- Mark Douglas, /s/ Richard Ballard, Attorney-in-Fact
- Signature date
- 28 May 2025
CIK 0002059559
Hot Springs Capital I LLC
- Relationship
- Director, 10%+ Owner
- Address
- C/O CORPORATION SERVICE COMPANY,, 251 LITTLE FALLS DRIVE,, WILMINGTON
- Signature
- Hot Springs Capital I LLC, /s/ Richard Ballard, Attorney-in-Fact
- Signature date
- 28 May 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MNTN
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +900,000
- Change %
- Price
- Shares after
- 900,000
- Date
- 23 May 2025
- Ownership
- By Hot Springs Capital I LLC
- Footnotes
- F1
MNTN
transaction
Class A Common Stock
Sale
- Transaction value
- $14,400,000
- Shares
- -900,000
- Change %
- -100%
- Price
- $16.00
- Shares after
- 0
- Date
- 23 May 2025
- Ownership
- By Hot Springs Capital I LLC
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MNTN
transaction
Derivative
Stock Option
Gift
- Transaction value
- $0
- Shares
- -4,592,239
- Change %
- -97%
- Price
- $0.000000
- Shares after
- 131,925
- Date
- 21 Feb 2025
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 4,592,239
- Exercise price
- $3.79
- Footnotes
- F2, F3
MNTN
transaction
Derivative
Stock Option
Gift
- Transaction value
- $0
- Shares
- -6,927,936
- Change %
- -98%
- Price
- $0.000000
- Shares after
- 158,310
- Date
- 21 Feb 2025
- Ownership
- Direct
- Underlying class
- Class B Common Stock
- Underlying amount
- 6,927,936
- Exercise price
- $3.79
- Footnotes
- F3, F4
MNTN
transaction
Derivative
Stock Option
Gift
- Transaction value
- $0
- Shares
- +4,592,239
- Change %
- Price
- $0.000000
- Shares after
- 4,592,239
- Date
- 21 Feb 2025
- Ownership
- By Hot Springs Capital I LLC
- Underlying class
- Class B Common Stock
- Underlying amount
- 4,592,239
- Exercise price
- $3.79
- Footnotes
- F2, F3
MNTN
transaction
Derivative
Stock Option
Gift
- Transaction value
- $0
- Shares
- +6,927,936
- Change %
- Price
- $0.000000
- Shares after
- 6,927,936
- Date
- 21 Feb 2025
- Ownership
- By Hot Springs Capital I LLC
- Underlying class
- Class B Common Stock
- Underlying amount
- 6,927,936
- Exercise price
- $3.79
- Footnotes
- F3, F4
MNTN
transaction
Derivative
Class B Common Stock
Gift
- Transaction value
- $0
- Shares
- -5,314,342
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 21 Feb 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 5,314,342
- Exercise price
- Footnotes
- F1, F5
MNTN
transaction
Derivative
Class B Common Stock
Gift
- Transaction value
- $0
- Shares
- +5,314,342
- Change %
- Price
- $0.000000
- Shares after
- 5,314,342
- Date
- 21 Feb 2025
- Ownership
- By Hot Springs Capital I LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 5,314,342
- Exercise price
- Footnotes
- F1, F3, F5
MNTN
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- -900,000
- Change %
- -17%
- Price
- Shares after
- 4,414,342
- Date
- 23 May 2025
- Ownership
- By Hot Springs Capital I LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 900,000
- Exercise price
- Footnotes
- F1
MNTN
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 448,000
- Date
- 21 Feb 2025
- Ownership
- By Trusts
- Underlying class
- Class A Common Stock
- Underlying amount
- 448,000
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Each outstanding share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. In addition, each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, whether or not for value, except for certain permitted transfers.
Footnote F2
The stock option vests in 48 substantially equal monthly installments beginning on September 25, 2021.
Footnote F3
These securities were previously reported on a Form 3 filed by the Reporting Person.
Footnote F4
The stock option vests and becomes exercisable upon the attainment of certain closing trading prices of the Issuer's Class A common stock.
Footnote F5
Prior to the Issuer's initial public offering, these securities were held in the form of common stock.