Vail Resorts CEO Katz receives 3,768 vested shares

Q: How many MTN shares did Robert A. Katz receive from RSU vesting?

He acquired 3,768 common shares on September 30, 2026, and 890 common shares on September 29, 2026, when the corresponding RSUs vested. The transactions also included withholding of 1,649 and 391 shares, respectively, for taxes.

The withheld shares were used to satisfy tax obligations tied to the vesting of two RSU awards.

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Rhea-AI Filing Summary

Vail Resorts Inc. (MTN) CEO & Chairperson of the Board Robert A. Katz reported that 3,768 RSUs vested on September 30, 2026, producing 3,768 common shares; 1,649 shares were withheld from issuance for withholding and other taxes at $137.18 per share. On September 29, 2026, 890 RSUs vested into 890 common shares, with 391 shares withheld for taxes at $141.29 per share.

Insider Trade Summary

4,658 shares exercised/converted

Exercise 6 txns

Insider KATZ ROBERT A

Role CEO & Chairperson of the Board

Type	Security	Shares	Price	Value
Exercise	Restricted Share Unit ^F3	3,768	$0.00	$0.00
Exercise	Common Stock	3,768	$0.00	$0.00
Tax Withholding	Common Stock ^F1	1,649	$137.18	$226K
Exercise	Restricted Share Unit ^F2	890	$0.00	$0.00
Exercise	Common Stock	890	$0.00	$0.00
Tax Withholding	Common Stock ^F1	391	$141.29	$55K

Holdings After Transaction: Restricted Share Unit — 7,537 contracts (Direct); Common Stock — 290,201 shares (Direct)

Footnotes (3)

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.
F2. On September 29, 2023, Reporting Person was granted 2,668 RSUs, which vest in three equal annual installments commencing on the first anniversary of the grant date.
F3. On September 30, 2025, Reporting Person was granted 11,305 RSUs, which vest in three equal annual installments commencing on the first anniversary of the grant date.

Key Figures

RSUs vested: 3,768 shares Common shares acquired: 3,768 shares Shares withheld for taxes: 1,649 shares +5 more

8 metrics

RSUs vested 3,768 shares September 30, 2026

Common shares acquired 3,768 shares September 30, 2026

Shares withheld for taxes 1,649 shares September 30, 2026

Withholding price per share $137.18 per share September 30, 2026

RSUs vested 890 shares September 29, 2026

Common shares acquired 890 shares September 29, 2026

Shares withheld for taxes 391 shares September 29, 2026

Withholding price per share $141.29 per share September 29, 2026

Key Terms

Restricted Share Unit, vesting, withholding and other taxes

3 terms

vesting financial

"upon vesting of Restricted Share Units"

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"

FAQ

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

How many MTN shares did Robert A. Katz receive from RSU vesting?

He acquired 3,768 common shares on September 30, 2026, and 890 common shares on September 29, 2026, when the corresponding RSUs vested. The transactions also included withholding of 1,649 and 391 shares, respectively, for taxes.

Why were MTN shares withheld from Robert A. Katz's RSU vesting?

The withheld common shares were taken from the issuance upon RSU vesting to satisfy Robert A. Katz's obligations for withholding and other taxes due in connection with the vesting.

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

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Available on EDGAR 10/01/2026 - 07:45 PM Accepted by SEC EDGAR 10/01/2026 - 07:45 PM

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^*

KATZ ROBERT A

(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
X	Officer (give title below)	Other (specify below)
	CEO & Chairperson of the Board

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/29/2026		M		890	A	$0	288,473	D
Common Stock	09/29/2026		F		391⁽¹⁾	D	$141.29	288,082	D
Common Stock	09/30/2026		M		3,768	A	$0	291,850	D
Common Stock	09/30/2026		F		1,649⁽¹⁾	D	$137.18	290,201	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Share Unit	$0	09/29/2026		M			890	⁽²⁾	⁽²⁾	Common Stock	890	$0	0	D
Restricted Share Unit	$0	09/30/2026		M			3,768	⁽³⁾	⁽³⁾	Common Stock	3,768	$0	7,537	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 29, 2023, Reporting Person was granted 2,668 RSUs, which vest in three equal annual installments commencing on the first anniversary of the grant date.

3. On September 30, 2025, Reporting Person was granted 11,305 RSUs, which vest in three equal annual installments commencing on the first anniversary of the grant date.

Remarks:

	/s/ Nicholas Caviolo, Attorney-in-Fact for Robert A. Katz	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)

Source: View Original Filing on SEC EDGAR