Vail Resorts Form 4 Filings

Vail Resorts CEO Robert A. Katz reported routine equity compensation activity. He exercised 2,048 Restricted Share Units (RSUs) into common stock, then had 589 shares withheld to cover tax obligations at $134.40 per share. After these non-market transactions, he directly holds 286,771 shares of Vail Resorts common stock.

Vail Resorts executive Julie A. DeCecco had restricted share units vest and be settled in common stock. On May 1, 2026, 73 RSUs converted into 73 shares of common stock. Of these, 21 shares were withheld to cover tax obligations, leaving her with 1,776 common shares held directly and 73 RSUs outstanding.

Vail Resorts Inc. Executive Vice President and Chief Financial Officer Angela A. Korch bought additional company stock in an open-market transaction. She purchased 190 shares of common stock at an average price of $131.85 per share. Following this purchase, she directly owns 5,539 shares of Vail Resorts common stock.

Vail Resorts CEO and chairperson Robert A. Katz reported an open-market purchase of 37,500 shares of common stock on March 16, 2026. The weighted average purchase price was $131.81 per share, with individual trades executed between $131.37 and $131.88. Following this transaction, Katz directly holds 285,312 shares of Vail Resorts common stock.

Vail Resorts executive Celeste Burgoyne reported new equity awards. As EVP and Chief Revenue Officer of Vail Resorts Inc., she received multiple grants on February 1, 2026.

These include 17,281 restricted share units that vest in one installment on February 1, 2027, plus 24,393 and 9,875 RSUs that vest in three equal annual installments starting one year after the grant date. She was also granted 38,665 share appreciation rights with an exercise price of $133.07, vesting in three equal installments beginning on the first anniversary of the grant and expiring on February 1, 2036. All awards are held directly.

Vail Resorts EVP & Chief Financial Officer Angela A. Korch reported equity award activity on February 1, 2026. A total of 408 and 473 restricted share units were converted into common stock at an exercise price of $0 per share.

To cover tax withholding on these vestings, 202 and 235 shares of common stock were withheld at $133.07 per share. After these transactions, Korch directly beneficially owned 5,349 shares of Vail Resorts common stock.

Vail Resorts (MTN) reported an insider transaction by its GC & Chief Public Affairs Officer on November 1, 2025. The filing shows 106 shares of common stock acquired upon RSU vesting (code M) and 31 shares withheld at $148.33 to cover taxes (code F). After these entries, the reporting person holds 1,724 shares directly and 212 RSUs. The RSUs relate to a 318-unit grant on November 1, 2024 that vests in three equal annual installments.

Peter A. Vaughn, a director of Vail Resorts, Inc. (MTN), reported a change in beneficial ownership showing a sale of 70 shares of Common Stock on 10/06/2025. After the reported transaction the filing shows Mr. Vaughn beneficially owns 8,784 shares. The Form 4 entry is signed by an attorney-in-fact, Lucy Jensen, on 10/08/2025.

Insider purchase by Vail Resorts executive. On 10/07/2025, Angela A. Korch, EVP & Chief Financial Officer, reported an open-market purchase of 210 shares of Vail Resorts Inc. (ticker MTN) at a price of $155 per share. Following the transaction she beneficially owns 4,905 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person and states the shares were acquired in open-market transactions.

Reporting person: Nathan Mark Gronberg, VP, Controller & CAO of Vail Resorts Inc. The Form 4 discloses transactions on 09/29/2025 and 09/30/2025 affecting both non-derivative common stock and derivative awards. Several restricted share units (RSUs) vested or were granted: withholding of 78 and 64 shares to cover taxes, and grants totaling 2,249 RSUs on 09/30/2025. Share Appreciation Rights (SARs) totaling 4,334 were granted on 09/30/2025 with an exercise/strike reference price of $149.57 and a 2035 expiration, vesting in three equal installments beginning one year after grant. The filings show direct beneficial ownership changes only; totals after transactions are reported per line items.

Robert A. Katz, CEO & Chair of Vail Resorts (MTN), reported multiple transactions on Form 4 dated 09/29/2025–09/30/2025. The filing shows shares were withheld to cover taxes on vested Restricted Share Units (RSUs) and new long‑term awards were granted. Specifically, RSU withholding of 363 and 389 shares occurred at $148.06 per share, reducing beneficial ownership slightly. New awards include grants of 11,305 RSUs (vest in three equal annual installments) and 50,899 Share Appreciation Rights (SARs) vesting in three equal installments and exercisable through 09/30/2035. Following the reported activity, Mr. Katz beneficially owns roughly 247,000–248,000 shares depending on the line item.

Angela A. Korch, EVP & Chief Financial Officer of Vail Resorts Inc (MTN), reported routine equity compensation transactions. On 09/29/2025 she had 1,195 shares issued from vested restricted share units (RSUs) with 523 shares withheld to satisfy tax withholding, leaving 5,218 shares owned after that transaction. On 09/29/2025 an RSU vesting related withholding sale was reported at $148.06 per share. On 09/29/2025 and 09/30/2025 she was reported as receiving additional equity awards: 1,195 RSU-settled shares (from a prior grant), 5,867 new RSUs granted 09/30/2025 that vest in three equal annual installments, and 23,341 Share Appreciation Rights (SARs) granted 09/30/2025 that vest in three equal annual installments and expire 09/30/2035. Following the reported transactions, she beneficially owns 1,196 RSU-settled shares, 5,867 RSU shares, and 23,341 SARs, all held directly.

Lynanne Kunkel, Chief HR & Transformation Officer of Vail Resorts, reported equity award activity on 09/29/2025 and 09/30/2025. On 09/29/2025 she had 1,031 and 1,023 restricted share units (RSUs) recorded as acquired under transaction code M, with 297 and 295 common shares withheld to satisfy taxes upon vesting at a price of $148.06 per share. On 09/30/2025 she was granted 5,068 RSUs and 20,164 Share Appreciation Rights (SARs) exercisable through 09/30/2035. The Form 4 lists the number of shares or underlying shares following each reported transaction line as provided in the filing.

William Rock, President, Mountain Division at Vail Resorts (MTN), reported multiple equity transactions on Form 4 dated 10/01/2025. The filing shows withheld shares to cover taxes on vested restricted share units (RSUs), sales of 129 and 242 common shares at $148.06 each, and awards: vesting/vesting-related acquisitions of RSUs totaling 448 and 839 shares on 09/29/2025 and a grant on 09/30/2025 of 4,349 RSUs. The filing also discloses a grant of 17,305 Share Appreciation Rights (SARs) exercisable through 09/30/2035. Following the transactions, beneficial ownership levels reported range from 8,850 to 17,305 underlying shares depending on security type, and all positions are reported as direct holdings.

Vail Resorts reported insider transactions for Gregory Jon Sullivan, EVP, Retail & Hospitality, showing equity awards granted as part of compensation. The filing records grants of restricted share units (RSUs) and share appreciation rights (SARs): historic RSU grants of 1,113 (2022) and 1,104 (2023) vesting over three years, a new grant of 2,642 RSUs that vest in three annual installments, and 10,514 SARs exercisable through 09/30/2035 and vesting in three installments. The Form 4 lists small non-derivative share acquisitions of 371 and 368 shares at $0 and shows resulting beneficial ownership figures for the reported items. These changes reflect routine, time-based equity compensation to an executive.

Hilary Schneider, a director of Vail Resorts Inc. (ticker: MTN), was granted 1,563 Restricted Share Units (RSUs) on September 30, 2025. The RSUs have a $0 per-share conversion value and vest in one installment on September 30, 2026, at which time they convert into 1,563 shares of common stock. Following the grant, Ms. Schneider directly beneficially owns 1,563 shares subject to the reported award. The Form 4 was signed by an attorney-in-fact on October 1, 2025. The filing indicates this is an individual reporting the grant in the normal course of director compensation.

Bruce Sewell, a director of Vail Resorts Inc. (MTN), was granted 1,563 Restricted Share Units (RSUs) on 09/30/2025. The RSUs were issued at a $0 grant price and vest in one installment on 09/30/2026, resulting in direct beneficial ownership of 1,563 shares following the grant. The Form 4 was signed by Lucy Jensen as Attorney-in-Fact for Mr. Sewell on 10/01/2025 and reports the transaction as an individual filing by one reporting person.

Nadia Rawlinson, a director of Vail Resorts, received 1,563 restricted share units (RSUs) on 09/30/2025. The RSUs vest in a single installment on 09/30/2026 and convert to 1,563 shares of common stock at vesting with no cash exercise price. Following the grant the reporting person beneficially owns 1,563 shares via direct ownership of the RSUs.

Insider grant recorded for Vail Resorts, Inc. (MTN). Director Iris Knobloch was granted 1,563 Restricted Share Units on 09/30/2025, recorded as an acquisition (Transaction Code A) with a reported price of $0. The RSUs vest in one installment on 09/30/2026 and convert into 1,563 shares of common stock upon vesting. Following the grant, Ms. Knobloch beneficially owns 1,563 shares directly. The Form 4 was signed on behalf of Ms. Knobloch by an attorney-in-fact on 10/01/2025. This filing documents a routine director equity award intended to align long-term interests with shareholders.

Reginald Chambers, a director of Vail Resorts Inc. (MTN), was granted 1,563 Restricted Share Units (RSUs) on 09/30/2025. The RSUs carry no cash strike price and vest in a single installment on 09/30/2026, at which time each unit converts into one share of common stock, resulting in 1,563 shares beneficially owned following the reported grant. The Form 4 was signed by an attorney-in-fact on 10/01/2025. This filing discloses a routine equity compensation award to a company director and does not report any cash purchase or sale transactions.

John Redmond, a director of Vail Resorts Inc. (MTN), was granted 1,281 Restricted Share Units (RSUs) on 09/27/2025 that vest in one installment on 09/27/2025. The RSUs have a reported price of $0. After the reported transaction, the filing shows 23,854 shares of common stock beneficially owned by the reporting person, held directly. The Form 4 was signed by an attorney-in-fact on 09/30/2025.

This filing discloses a routine equity award to a director; it does not include exercise or cash purchase activity, nor derivative holdings following the reported grant.

Michele Romanow, a director of Vail Resorts, reported insider transactions on 09/27/2025 related to the vesting of Restricted Share Units (RSUs). She had 1,281 RSUs vest that day and was credited with 1,281 shares (transaction code M) at a $0 price because they converted from RSUs. To satisfy tax withholding, 45 shares were withheld and disposed at a reported price of $147.74 each (transaction code F). Following these transactions the reporting person beneficially owned 8,290 shares of common stock. The RSUs were originally granted on 09/27/2024 and vest in one installment on 09/27/2025. The Form 4 was signed by an attorney-in-fact on 09/30/2025.

Nadia Rawlinson, a director of Vail Resorts Inc. (MTN), reported a non-derivative and derivative securities transaction related to restricted share units. The filing shows a transaction dated 09/27/2025 recording the acquisition of 1,281 common shares (code M) at a $0 price and a subsequent beneficial ownership total of 5,642 shares. Table II shows 1,281 Restricted Share Units (RSUs) with $0 price and 0 derivative securities owned after the transaction. The explanatory note states the RSUs were granted on 09/27/2024 and vest in one installment on 09/27/2025, creating a date inconsistency between the table and the explanation that is explicitly noted in the filing.

Robert A. Katz, CEO and Chair of Vail Resorts, reported changes in his beneficial ownership following vesting of restricted share units (RSUs). On 09/27/2025, 1,148 shares were issued upon RSU vesting and recorded as acquired at $0, increasing his total common stock holdings to 247,109 shares. To satisfy tax withholding and related obligations, 331 shares were disposed of at $147.74, leaving 246,778 shares reported as beneficially owned after that disposition. The filing notes a prior grant of 3,445 RSUs on 09/27/2024 that vest in three equal installments beginning 09/27/2025.

D. Bruce Sewell, a director of Vail Resorts Inc. (MTN), reported acquisition of 1,281 Restricted Share Units (RSUs). The Form 4 shows a transaction dated 09/27/2025 recording 1,281 RSUs granted (transaction code M) with $0 purchase price. The filing states these RSUs were granted on 09/27/2024 and vest in one installment on 09/27/2025. After the reported transaction the reporting person beneficially owned 22,155 shares of common stock directly. The Form 4 was signed by an attorney-in-fact on 09/30/2025.

Hilary Schneider, a director of Vail Resorts, Inc. (MTN), was granted 1,281 Restricted Share Units on 09/27/2024 that vest in one installment on 09/27/2025. The reported transaction (code M) shows 1,281 RSUs issued at a $0 price; following the grant the reporting person beneficially owned 17,111 shares of Common Stock. The Form 4 was signed by an attorney-in-fact on 09/30/2025 and lists the reporting person as a director based at the issuer's Broomfield, Colorado address.

Peter A. Vaughn, a director of Vail Resorts, Inc. (MTN), was granted 1,281 Restricted Share Units (RSUs) on 09/27/2025 that vest in a single installment on 09/27/2025. The Form 4 reports the RSUs as having a $0 price and shows Mr. Vaughn beneficially owned 8,854 shares of common stock following the reported transaction. The filing was signed on behalf of Mr. Vaughn by an attorney-in-fact and reflects a routine equity grant to a director as recorded under Section 16 reporting rules.

Julie A. DeCecco, GC & Chief Public Affairs Officer of Vail Resorts, reported equity changes tied to restricted share units vesting on September 27, 2025. A grant-derived conversion recorded 586 shares acquired at no cash price (RSU vesting) and 169 shares disposed at $147.74 per share to satisfy tax withholding, leaving her with 1,145 shares beneficially owned after the transactions. The Form 4 notes she was originally granted 1,758 RSUs on September 27, 2024 that vest in three equal installments beginning September 27, 2025. The filing was signed by an attorney-in-fact on behalf of the reporting person.

Angela A. Korch, EVP & Chief Financial Officer of Vail Resorts, reported transactions on 09/27/2025 related to vested restricted share units (RSUs) and common stock. 1,543 RSU shares were acquired upon vesting and recorded as issued at $0 price, while 676 shares were disposed under code F at a price of $147.74 to satisfy withholding and tax obligations. After these transactions, the reporting person beneficially owned 4,023 shares of common stock and held derivative/RSU-related interests representing 1,543 underlying shares reported for the vested tranche. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Lynanne Kunkel, Chief HR & Transformation Officer at Vail Resorts Inc. (ticker MTN), reported transactions dated 09/27/2025. On that date 1,333 shares were acquired upon vesting of restricted share units (RSUs) at no cash price and 384 shares were disposed of to satisfy tax withholding at a price of $147.74 per share. After these transactions the reporting person beneficially owned 7,809 shares. The filing discloses that on 09/27/2024 Kunkel was granted 4,001 RSUs, which vest in three equal installments beginning 09/27/2025. The Form 4 is signed by an attorney-in-fact on behalf of Kunkel.

Gregory Jon Sullivan, EVP, Retail & Hospitality at Vail Resorts Inc. (MTN), reported changes in his beneficial ownership. The Form 4 shows a transaction dated 09/27/2025 recording the acquisition of 695 shares through a vesting event tied to Restricted Share Units (RSUs) at a reported price of $0 per share, increasing his direct holdings to 2,746 shares. Table II indicates 695 underlying shares from RSUs became exercisable on 09/27/2025, leaving 1,391 RSU-linked shares still reported as beneficially owned. The filing includes an explanatory note that on 09/27/2024 the reporting person was granted 2,086 RSUs that vest in three equal installments beginning 09/27/2025.

Reginald Chambers, a director of Vail Resorts Inc. (MTN), reported a grant and acquisition of restricted share units. The Form 4 shows 1,281 Restricted Share Units granted on 09/27/2024 that vest in one installment on 09/27/2025. The reporting entry dated 09/27/2025 is coded M and shows 1,281 shares acquired at $0, recorded as direct ownership. After the reported transaction, the filing shows 1,845 shares beneficially owned. The form was signed by an attorney-in-fact on 09/30/2025.