Gregory Jon Sullivan - 27 Sep 2025 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Role: EVP, Retail & Hospitality
Signature: /s/ Lucy Jensen, Attorney-in-Fact for Gregory Jon Sullivan
Issuer symbol: MTN
Transactions as of: 27 Sep 2025
Net transactions value: $0
Form type: 4
Filing time: 30 Sep 2025, 18:59:22 UTC
Previous filing: 01 Oct 2024
Next filing: 01 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Sullivan Gregory Jon	EVP, Retail & Hospitality	C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD	/s/ Lucy Jensen, Attorney-in-Fact for Gregory Jon Sullivan	30 Sep 2025	0001867146

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTN	Common Stock	Options Exercise	$0	+695	+34%	$0.000000	2,746	27 Sep 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MTN	Restricted Share Unit	Options Exercise	$0	-695	-33%	$0.000000	1,391	27 Sep 2025	Common Stock	695	$0.000000	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 27, 2024, Reporting Person was granted 2,086 Restricted Share Units, which vest in three equal installments beginning on September 27, 2025.