Vail Resorts SEC Filings

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.