Vail Resorts (NYSE: MTN) director receives 249 restricted share units

Rhea-AI Filing Summary

HORNBUCKLE WILLIAM reported acquisition or exercise transactions in this Form 4 filing.

Vail Resorts Inc director William Hornbuckle received a grant of 249 Restricted Share Units on August 3, 2026. Each unit represents one share of common stock and was awarded at no cash cost. The RSUs vest in a single installment on August 3, 2027, leaving him with 249 RSUs directly held.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HORNBUCKLE WILLIAM

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit F1	249	$0.00	$0.00

Holdings After Transaction: Restricted Share Unit — 249 shares (Direct)

Footnotes (1)

1. F1. On August 3, 2026, the Reporting Person was granted 249 Restricted Share Units, which vest in one installment on August 3, 2027.

Key Figures

RSUs granted: 249 Restricted Share Units Underlying common shares: 249 shares Vesting date: August 3, 2027 +2 more

5 metrics

RSUs granted 249 Restricted Share Units Grant to director William Hornbuckle on August 3, 2026

Underlying common shares 249 shares Each Restricted Share Unit represents one share of Common Stock

Vesting date August 3, 2027 RSUs vest in one installment on this date

Post-grant RSU holdings 249 Restricted Share Units Total RSUs directly held following the transaction

Grant price per unit $0.0000 per unit Reported transaction price for the RSU award

Key Terms

Restricted Share Unit, vest, underlying security

3 terms

Restricted Share Unit financial

"was granted 249 Restricted Share Units, which vest in one installment"

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.

vest financial

"Restricted Share Units, which vest in one installment on August 3, 2027"

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.

underlying security financial

"underlying security title "Common Stock" with 249.0000 shares"

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Available on EDGAR 08/05/2026 - 06:08 PM Accepted by SEC EDGAR 08/05/2026 - 06:07 PM Learn about SEC filing dates

FAQ

What insider transaction did Vail Resorts (MTN) report for William Hornbuckle?

Vail Resorts reported that director William Hornbuckle received a grant of 249 Restricted Share Units on August 3, 2026. These equity awards are tied to the company’s common stock and represent additional stock-based compensation.

How many Restricted Share Units did the Vail Resorts (MTN) director receive?

The director received 249 Restricted Share Units. Each RSU corresponds to one share of Vail Resorts common stock, increasing his direct stock-based holding by 249 units as part of his compensation package.

What is the vesting schedule for the 249 RSUs at Vail Resorts (MTN)?

The 249 RSUs vest in one installment on August 3, 2027. Until that vesting date, the units are subject to the award’s terms and do not fully convert into common shares for the director.

Did the Vail Resorts (MTN) director buy these shares on the open market?

No. The 249 RSUs were reported as a grant or award with a per-unit price of $0.0000. This indicates compensation-based issuance rather than an open-market purchase of Vail Resorts common stock.

What are the director’s RSU holdings in Vail Resorts (MTN) after this grant?

After the reported transaction, the director holds 249 Restricted Share Units directly. These units will convert into Vail Resorts common stock if and when they vest under the award’s terms.

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^*

HORNBUCKLE 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026

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	08/03/2026		A		249		(1)	(1)	Common Stock	249	$0	249	D

Explanation of Responses:

1. On August 3, 2026, the Reporting Person was granted 249 Restricted Share Units, which vest in one installment on August 3, 2027.

Remarks:

	/s/ Lucy Jensen Attorney-in-Fact for William Hornbuckle	08/05/2026
	** 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)