Robert A. Katz - Sep 29, 2025 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Role
CEO & Chairperson of the Board, Director
Signature
/s/ Lucy Jensen, Attorney-in-Fact for Robert A. Katz
Stock symbol
MTN
Transactions as of
Sep 29, 2025
Transactions value $
-$111,341
Form type
4
Date filed
10/1/2025, 07:06 PM
Previous filing
Sep 30, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KATZ ROBERT A CEO & Chairperson of the Board, Director C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD /s/ Lucy Jensen, Attorney-in-Fact for Robert A. Katz 2025-10-01 0000824728

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $0 +897 +0.36% $0.00 248K Sep 29, 2025 Direct
transaction MTN Common Stock Tax liability -$53.7K -363 -0.15% $148.06 247K Sep 29, 2025 Direct F1
transaction MTN Common Stock Options Exercise $0 +889 +0.36% $0.00 248K Sep 29, 2025 Direct
transaction MTN Common Stock Tax liability -$57.6K -389 -0.16% $148.06 248K Sep 29, 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 -897 -100% $0.00 0 Sep 29, 2025 Common Stock 897 $0.00 Direct F2
transaction MTN Restricted Share Unit Options Exercise $0 -889 -49.97% $0.00 890 Sep 29, 2025 Common Stock 889 $0.00 Direct F3
transaction MTN Restricted Share Unit Award $0 +11.3K $0.00 11.3K Sep 30, 2025 Common Stock 11.3K $0.00 Direct F4
transaction MTN Share Appreciation Right Award $0 +50.9K $0.00 50.9K Sep 30, 2025 Common Stock 50.9K $164.53 Direct F5
* 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 29, 2022, Reporting Person was granted 2,689 RSUs, which vest in three equal installments commencing on the first anniversary of the grant date.
F3 On September 29, 2023, Reporting Person was granted 2,668 RSUs, which vest in three equal installments commencing on the first anniversary of the grant date.
F4 On September 30, 2025, Reporting Person was granted 11,305 RSUs, which vest in three equal annual installments commencing on the first anniversary of the grant date.
F5 On September 30, 2025, Reporting Person was granted 50,899 Share Appreciation Rights, which vest in three equal installments commencing on the first anniversary of the grant date.