Vail Resorts: Iris Knobloch acquires 1,563 vested shares

The director’s vested units produced 1,563 common shares, including 88 withheld to cover withholding and other taxes.

Rhea-AI Filing Summary

Vail Resorts Inc. director Iris Knobloch exercised 1,563 restricted share units on September 30, 2026, acquiring 1,563 common shares. Of those shares, 88 were withheld to satisfy withholding and other tax obligations; the reported price for the withheld shares was $137.18 per share. Knobloch was granted the units on September 30, 2025, and they vested in one installment on September 30, 2026.

Insider Trade Summary

1,563 shares exercised/converted

Exercise 3 txns

Insider Knobloch Iris

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Share Unit F2	1,563	$0.00	$0.00
Exercise	Common Stock	1,563	$0.00	$0.00
Tax Withholding	Common Stock F1	88	$137.18	$12K

Holdings After Transaction: Restricted Share Unit — 0 contracts (Direct); Common Stock — 3,382 shares (Direct)

Footnotes (2)

1. F1. These shares of common stock were withheld from the issuance of common stock to Reporting Person upon vesting of Restricted Share Units ("RSUs") in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith.
2. F2. On September 30, 2025, Reporting Person was granted 1,563 Restricted Share Units, which vest in one installment on September 30, 2026.

Key Figures

Restricted share units granted: 1,563 units Common shares acquired upon vesting: 1,563 shares Shares withheld for taxes: 88 shares +2 more

5 metrics

Restricted share units granted 1,563 units Granted September 30, 2025

Common shares acquired upon vesting 1,563 shares September 30, 2026

Shares withheld for taxes 88 shares Withheld from issuance upon vesting on September 30, 2026

Reported price per withheld share $137.18 per share Code F transaction on September 30, 2026

Vesting installments 1 installment Vesting date September 30, 2026

Key Terms

Restricted Share Units, vesting, withholding and other taxes

3 terms

Restricted Share Units financial

"granted 1,563 Restricted Share Units, which vest in one installment"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

vesting financial

"withheld from the issuance of common stock to Reporting Person upon vesting"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

withholding and other taxes financial

"obligations for payment of withholding and other taxes due"

FAQ

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

How many MTN shares did director Iris Knobloch receive from RSUs?

Iris Knobloch acquired 1,563 common shares when her restricted share units vested on September 30, 2026. Of those shares, 88 were withheld from issuance for withholding and other taxes, at a reported price of $137.18 per share.

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

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Available on EDGAR 10/01/2026 - 07:44 PM Accepted by SEC EDGAR 10/01/2026 - 07:44 PM 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^*

Knobloch Iris

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

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
Common Stock	09/30/2026		M		1,563	A	$0	3,470	D
Common Stock	09/30/2026		F		88(1)	D	$137.18	3,382	D

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	09/30/2026		M			1,563	(2)	(2)	Common Stock	1,563	$0	0	D

Explanation of Responses:

1. These shares of common stock were withheld from the issuance of common stock to Reporting Person upon vesting of Restricted Share Units ("RSUs") in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith.

2. On September 30, 2025, Reporting Person was granted 1,563 Restricted Share Units, which vest in one installment on September 30, 2026.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Nicholas Caviolo, Attorney-in-Fact for Iris Knobloch	10/01/2026
	** 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)