Vail Resorts grants William Rock 4,781 stock units

Both awards vest in three equal annual installments beginning on the first anniversary of the grant date.

Rhea-AI Filing Summary

Vail Resorts (MTN) President, Mountain Division William Rock acquired 4,781 restricted share units and 16,844 share appreciation rights on October 3, 2026. Both awards vest in three equal annual installments beginning on the first anniversary of the grant date. The share appreciation rights have an exercise price of $141.16 and expire October 3, 2036.

Insider Trade Summary

Grant/Award: 21,625 shares

Grant/Award 2 txns

Insider Rock William

Role President, Mountain Division

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit F1	4,781	$0.00	$0.00
Grant/Award	Share Appreciation Right F2	16,844	$141.16	$2.38M

Holdings After Transaction: Restricted Share Unit — 4,781 contracts (Direct); Share Appreciation Right — 16,844 contracts (Direct)

Footnotes (2)

1. F1. On October 3, 2026, Reporting Person was granted 4,781 Restricted Share Units, which vest in three equal annual installments commencing on the first anniversary of the grant date.
2. F2. On October 3, 2026, Reporting Person was granted 16,844 Share Appreciation Rights, which vest in three equal annual installments commencing on the first anniversary of the grant date.

Key Figures

Restricted share units granted: 4,781 units Share appreciation rights granted: 16,844 rights Exercise price: $141.16 per share +1 more

4 metrics

Restricted share units granted 4,781 units October 3, 2026

Share appreciation rights granted 16,844 rights October 3, 2026

Exercise price $141.16 per share Share appreciation rights granted October 3, 2026

Vesting installments 3 equal annual installments Both awards; commencing on the first anniversary of the grant date

Key Terms

Restricted Share Unit, Share Appreciation Right, vest

3 terms

Restricted Share Unit financial

"granted 4,781 Restricted Share Units"

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

Share Appreciation Right financial

"granted 16,844 Share Appreciation Rights"

vest financial

"vest in three equal annual installments"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did William Rock receive from MTN?

William Rock was granted 4,781 restricted share units and 16,844 share appreciation rights on October 3, 2026. Both awards vest in three equal annual installments beginning on the first anniversary of the grant date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/07/2026 - 06:04 AM Accepted by SEC EDGAR 10/07/2026 - 06:02 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rock William

(Last) (First) (Middle)

C/O VAIL RESORTS, INC.

390 INTERLOCKEN CRESCENT

(Street)

BROOMFIELD COLORADO 80021

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VAIL RESORTS INC [ MTN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Mountain Division

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Unit	$0	10/03/2026		A		4,781		(1)	(1)	Common Stock	4,781	$0	4,781	D
Share Appreciation Right	$141.16	10/03/2026		A		16,844		(2)	10/03/2036	Common Stock	16,844	$141.16	16,844	D

Explanation of Responses:

1. On October 3, 2026, Reporting Person was granted 4,781 Restricted Share Units, which vest in three equal annual installments commencing on the first anniversary of the grant date.

2. On October 3, 2026, Reporting Person was granted 16,844 Share Appreciation Rights, which vest in three equal annual installments commencing on the first anniversary of the grant date.

Remarks:

	/s/ Nicholas Caviolo, Attorney-in-Fact for William Rock	10/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)