Mntn CFO Patrick Pohlen sells shares worth $4.08 million

Published 28/05/2025, 21:34

MNTN, Inc. (NASDAQ:MNTN) Chief Financial Officer Patrick Pohlen recently executed a significant stock sale, according to a Form 4 filing with the Securities and Exchange Commission. On May 23, 2025, Pohlen sold 255,232 shares of Class A Common Stock at a price of $16 per share, resulting in total proceeds of approximately $4.08 million. The sale price represents a substantial discount to the current trading price of $25.55, with the stock trading between $20.76 and $32.49 over the past 52 weeks. Following this transaction, Pohlen retains ownership of 1,319,489 shares in the company. InvestingPro analysis shows MNTN maintains a GOOD overall Financial Health Score of 2.62.

In addition to the sale, the filing also disclosed a separate transaction involving stock options. On February 13, 2025, Pohlen acquired 170,833 stock options with an exercise price of $20.54. These options are set to vest in 48 equal monthly installments beginning March 13, 2025, and will expire on February 12, 2035. Track insider transactions and access detailed financial analysis with InvestingPro, featuring over 30 exclusive insider trading metrics and alerts.

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