Nathan Mark Gronberg - 27 Sep 2025 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Role: VP, Controller & CAO
Signature: /s/ Lucy Jensen, Attorney-in-Fact for Nathan Mark Gronberg
Issuer symbol: MTN
Transactions as of: 27 Sep 2025
Net transactions value: -$14,626
Form type: 4
Filing time: 30 Sep 2025, 19:05:35 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
Gronberg Nathan Mark	VP, Controller & CAO	C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD	/s/ Lucy Jensen, Attorney-in-Fact for Nathan Mark Gronberg	30 Sep 2025	0001826321

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTN	Common Stock	Options Exercise	$0	+344	+30%	$0.000000	1,489	27 Sep 2025	Direct
transaction	MTN	Common Stock	Tax liability	$14,626	-99	-6.6%	$147.74	1,390	27 Sep 2025	Direct	F1

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	-344	-33%	$0.000000	688	27 Sep 2025	Common Stock	344	$0.000000	Direct	F2

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

Explanation of Responses:

Id	Content
F1	These shares of common stock were withheld from the issuance of common stock to Reporting Person upon vesting of Restricted Share Units ("RSUs") in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith.
F2	On September 27, 2024, Reporting Person was granted 1,032 RSUs, which vest in three equal installments beginning on September 27, 2025.