KATZ ROBERT A 4

4 · VAIL RESORTS INC · Filed Oct 1, 2025

Form 4

Period: 2025-09-29

DirectorCEO & Chairperson of the Board

Transactions

Exercise/Conversion
Common Stock
2025-09-29+897→ 247,675 total
Tax Payment
Common Stock
2025-09-29$148.06/sh−389$57,595→ 247,812 total
Exercise/Conversion
Restricted Share Unit
2025-09-29−889→ 890 total
Exercise: $0.00→ Common Stock (889 underlying)
Award
Share Appreciation Right
2025-09-30+50,899→ 50,899 total
Exercise: $164.53Exp: 2035-09-30→ Common Stock (50,899 underlying)
Award
Restricted Share Unit
2025-09-30+11,305→ 11,305 total
Exercise: $0.00→ Common Stock (11,305 underlying)
Tax Payment
Common Stock
2025-09-29$148.06/sh−363$53,746→ 247,312 total
Exercise/Conversion
Common Stock
2025-09-29+889→ 248,201 total
Exercise/Conversion
Restricted Share Unit
2025-09-29−897→ 0 total
Exercise: $0.00→ Common Stock (897 underlying)

Footnotes (5)

[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.

Documents

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