Vail Resorts Controller Acquires 344 Vested Shares

The reported share withholding addressed taxes due when the scheduled RSU installment vested.

Rhea-AI Filing Summary

Vail Resorts Inc. reported that Nathan Mark Gronberg, VP, Controller & CAO, had 344 restricted share units vest and acquired 344 shares of common stock on September 27, 2026. The company withheld 153 shares to satisfy withholding and other taxes due, at $136.11 per share. The RSUs were granted on September 27, 2024, and vest in three equal installments beginning September 27, 2025; the reported derivative position following the transaction was 344 RSUs.

Insider Trade Summary

344 shares exercised/converted

Exercise 3 txns

Insider Gronberg Nathan Mark

Role VP, Controller & CAO

Type	Security	Shares	Price	Value
Exercise	Restricted Share Unit F2	344	$0.00	$0.00
Exercise	Common Stock	344	$0.00	$0.00
Tax Withholding	Common Stock F1	153	$136.11	$21K

Holdings After Transaction: Restricted Share Unit — 344 contracts (Direct); Common Stock — 1,930 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 27, 2024, Reporting Person was granted 1,032 RSUs, which vest in three equal installments beginning on September 27, 2025.

Key Figures

RSUs vested: 344 restricted share units Common shares acquired: 344 shares Shares withheld for taxes: 153 shares +3 more

6 metrics

RSUs vested 344 restricted share units September 27, 2026

Common shares acquired 344 shares By Nathan Mark Gronberg on September 27, 2026

Shares withheld for taxes 153 shares Upon vesting of RSUs

Price per share withheld $136.11 per share Shares withheld to satisfy withholding and other taxes

Derivative position following transaction 344 restricted share units Reported after the September 27, 2026 transaction

RSUs granted 1,032 restricted share units Granted September 27, 2024

Key Terms

Restricted Share Units, vesting, withholding and other taxes

3 terms

Restricted Share Units financial

"upon vesting of Restricted Share Units"

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

"vest in three equal installments"

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

"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 Nathan Mark Gronberg acquire, and how many were withheld?

Nathan Mark Gronberg, Vail Resorts Inc.'s VP, Controller & CAO, acquired 344 common shares on September 27, 2026, when 344 RSUs vested. The company withheld 153 shares to satisfy withholding and other taxes due, at $136.11 per share.

What was the vesting schedule for Nathan Mark Gronberg's MTN RSUs?

Gronberg was granted 1,032 RSUs on September 27, 2024, vesting in three equal installments beginning September 27, 2025. The reported derivative position following the September 27, 2026 transaction was 344 RSUs.

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

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Available on EDGAR 09/29/2026 - 05:56 PM Accepted by SEC EDGAR 09/29/2026 - 05:55 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^*

Gronberg Nathan Mark

(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)
	VP, Controller & CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/27/2026

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	09/27/2026		M		344	A	$0	2,083	D
Common Stock	09/27/2026		F		153(1)	D	$136.11	1,930	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	09/27/2026		M			344	(2)	(2)	Common Stock	344	$0	344	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 27, 2024, Reporting Person was granted 1,032 RSUs, which vest in three equal installments beginning on September 27, 2025.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Nicholas Caviolo, Attorney-in-Fact for Nathan Mark Gronberg	09/29/2026
	** 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)