MGD Holdings - 23 May 2025 Form 4 Insider Report for MNTN, Inc.

Reporting relationship: 10%+ Owner
Issuer ticker: MNTN on NYSE
Reported as of: 23 May 2025
Net transaction value: -$3,415,233
SEC form: 4
Accepted by SEC: 28 May 2025, 16:35:12 UTC
Prior SEC filing: 22 May 2025
Source filing: View source filing
Reporting owner signature: MGD Holdings, /s/ Richard Ballard, Attorney-in-Fact

Key filing fact

MGD Holdings filed Form 4 for MNTN, Inc. on 28 May 2025.

Key facts

This page summarizes MGD Holdings's Form 4 filing for MNTN, Inc..
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 28 May 2025, 16:35.

Change

Previous filing in this sequence was filed on 22 May 2025.
Current net transaction value: -$3,415,233.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0002066651 Primary reporting owner

MGD Holdings

Relationship: 10%+ Owner
Address: C/O COLLAS CRILL TRUST AND CORPORATE, SERVICES, GASPE HOUSE, 66-72 ESPLANADE, ST HELIER, JERSEY
Signature: MGD Holdings, /s/ Richard Ballard, Attorney-in-Fact
Signature date: 28 May 2025

CIK 0002067188

CCT Services 1 Ltd

Relationship: 10%+ Owner
Address: C/O COLLAS CRILL TRUST AND CORPORATE, SERVICES, GASPE HOUSE, 66-72 ESPLANADE, ST HELIER, JERSEY
Signature: CCT Services 1 Limited, By: /s/ Katie Bonfrer, Director and /s/ Siobhan Crick, Director
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: +281,250
Change %
Price
Shares after: 281,250
Date: 23 May 2025
Ownership: See Footnote
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MNTN transaction Derivative

Convertible Notes

Conversion of derivative security

Transaction value: $3,415,233
Shares
Change %
Price
Shares after: 0
Date: 23 May 2025
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 281,250
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Upon the closing of the Issuer's initial public offering, the convertible notes automatically converted into shares of Class A Common Stock upon the terms of the Note Conversion Agreement, as further described in the Issuer's Form S-1 (File No. 333-285471).

Footnote F2

The securities reported herein are held of record by MGD Holdings. Voting and dispositive decisions with respect to the shares held by MGD Holdings are made by its sole director, CCT Services 1 Limited. As such, CCT Services 1 Limited may be deemed to share beneficial ownership of such securities.