Vail Resorts SEC filings document operating results, ski-season metrics and material events for a NYSE-listed mountain resort operator with common stock traded under MTN. The company’s 8-K disclosures include quarterly results, guidance updates, Regulation FD materials, season-to-date skier visits and lift revenue metrics for its North American resorts and regional ski areas.
Filings also cover capital-structure matters, including credit agreement amendments, dividend declarations, governance items from annual meeting votes, auditor ratification and advisory compensation votes. These records describe the company’s resort economics, financing arrangements, shareholder voting outcomes and formal public-company reporting obligations.
Vail Resorts Inc. (MTN) reports that President, Mountain Division William Rock acquired 1,144 common shares upon vesting of 1,144 restricted share units on September 27, 2026. A further 334 common shares were withheld at $136.11 per share to satisfy withholding and other taxes. The reported post-transaction position was 1,145 restricted share units.
Vail Resorts (MTN) is the issuer named in an amended Schedule 13D reporting 3,222,085 shares as beneficially owned by each of Oasis Management Co. Ltd. and Seth Fischer, with shared voting and dispositive power reported for each. M. Ashton Hudson reports sole voting and dispositive power over 1,350 shares; Robert Chapek, Bryce Roberts and Picabo Street each report zero beneficial ownership.
The reporting persons state that they may be deemed to have formed a group that may be deemed to beneficially own 3,223,435 shares, approximately 9.0% of the common stock. The ownership percentages use 35,635,298 shares outstanding as of September 23, 2026. Each reporting person disclaims beneficial ownership of shares beneficially owned by the others.
Vail Resorts, Inc. reported lower Fiscal 2026 results: net income attributable to the company was $147.535 million, compared with $280.004 million in Fiscal 2025. Resort Reported EBITDA was $745.671 million, down 11.7%, while Mountain net revenue was $2,503.184 million, down 4.8%. Total skier visits were 15.299 million, down 13.4%, as record-low snowfall and historically warm temperatures across the western U.S. reduced terrain availability, demand and spending.
Net cash from operating activities was $479.626 million, down from $554.870 million in Fiscal 2025, primarily reflecting lower Mountain and Lodging results. Vail Resorts had $2.9 billion of Net Debt as of July 31, 2026. The Board approved a $2.22-per-share cash dividend payable October 27, 2026, to holders of record October 8, 2026. Its total calendar 2026 capital plan is expected to be approximately $229.0 million to $234.0 million.
Vail Resorts, Inc. (MTN) reported fiscal 2026 results for the year ended July 31, 2026: net income attributable to the company was $147.5 million, versus $280.0 million in fiscal 2025, and Resort Reported EBITDA was $745.7 million versus $844.1 million. The company cited difficult winter weather as a primary factor in its annual results.
For fiscal 2027, it expects net income attributable to Vail Resorts, Inc. of $158 million to $233 million and Resort Reported EBITDA of $805 million to $865 million, including approximately $14 million of one-time costs. It expects approximately $25 million of incremental efficiencies and assumes a range of normal weather conditions for the 2026/2027 North American and European ski season and 2027 Australian ski seasons.
Through September 18, 2026, upcoming-season pass product unit sales were down approximately 12%, days sold approximately 10%, and sales dollars, inclusive of sales and admissions taxes, approximately 6%, versus the period through September 19, 2025. The board declared a quarterly cash dividend of $2.22 per share, payable October 27, 2026, to shareholders of record October 8, 2026. As of July 31, 2026, total liquidity was approximately $0.8 billion and net debt was 3.9 times trailing 12-month Total Reported EBITDA.
Vail Resorts Inc. (MTN) is the subject of an amended Schedule 13D/A in which Oasis Management Company Ltd. and related reporting persons update their ownership disclosure. Oasis Management Company Ltd. and Seth Fischer each report beneficial ownership, with shared voting and dispositive power, over 2,622,562 shares of Vail Resorts common stock, representing 7.4% of the outstanding shares.
The filing states that the reporting persons may be deemed to have formed a "group" that may beneficially own 2,623,912 shares in total, also about 7.4% of the company’s common stock, based on 35,633,526 shares outstanding as of June 3, 2026. The Oasis Fund’s stake was acquired in open-market purchases for approximately $373 million, while reporting person M. Ashton Hudson separately holds 1,350 shares, bought for about $0.2 million. Each reporting person expressly disclaims beneficial ownership of the shares held by the others.
Vail Resorts, Inc. (MTN) is the subject of a new Schedule 13D filed by Oasis Management Company Ltd. and related parties, who report beneficial ownership of 2,199,016 shares of common stock, representing 6.2% of the 35,633,526 shares outstanding as of June 3, 2026. The group also has cash-settled swaps referencing an additional 477,714 shares, providing economic exposure to about 1.3% more of the stock without voting power.
Oasis states it acquired its position, at a total cost of approximately $314 million, because it views Vail Resorts as undervalued given its portfolio of 42 mountain resorts. On September 10, 2026, the Oasis fund delivered a nomination notice seeking to elect four nominees—Robert Chapek, M. Ashton Hudson, Bryce Roberts, and Picabo Street—to Vail’s board at the 2026 annual meeting, signaling a potential proxy contest focused on strategy, guest experience, pricing, marketing, and better use of hospitality assets.
The filing details nomination agreements under which three nominees receive $50,000 upon submission of the nomination notice and another $50,000 upon filing a preliminary proxy, with an obligation to invest the after-tax proceeds in MTN shares. A separate agreement with Mr. Chapek provides $100,000 per month in consulting fees and a $500,000 forgivable loan to buy MTN stock if he joins the board. The reporting persons reserve the right to increase or decrease their holdings and to pursue further strategic or governance proposals.
Vail Resorts, Inc. (MTN) reports that director Sue Decker has informed the Board that she will not stand for reelection at the Company’s 2026 Annual Meeting of Stockholders, concluding approximately eleven years of service. She will continue serving, including on the Compensation Committee, until the end of her current term or until the Board determines otherwise. In connection with her decision, the Board approved a reduction in its size to nine members effective as of the 2026 Annual Meeting, and the Nominating & Governance Committee, with an independent search firm, is seeking an additional independent director, with the Board currently expecting to restore its size to ten members in early 2027.
Baron Capital Group, Inc., together with subsidiaries BAMCO, Inc. and Baron Capital Management, Inc., Ronald Baron, and two affiliated funds report significant ownership in Vail Resorts, Inc. common stock. The group reports beneficial ownership of 6,536,697 shares, representing 18.34 % of the outstanding common stock.
All voting and dispositive authority is reported as shared, with 6,465,654 shares subject to shared voting power and 6,536,697 shares subject to shared dispositive power, and no sole power. The economic interest resides with advisory clients of BAMCO and Baron Capital Management, including Baron Generational Growth Fund and Baron Partners Fund, while Ronald Baron holds a controlling interest in Baron Capital Group.
Oasis Management Company Ltd. and Seth Fischer report beneficial ownership of 2,329,018 shares of Vail Resorts, Inc. common stock. These shares are held by an Oasis fund, with Oasis Management acting as investment manager and Mr. Fischer supervising its investment activities.
The position represents 6.5% of Vail Resorts’ common stock, based on 35,633,526 shares outstanding as of June 3, 2026. The reporting persons have shared voting and shared dispositive power over all 2,329,018 shares, and no sole voting or dispositive power. They state that filing this report does not constitute an admission of beneficial ownership under Section 13.