KATZ ROBERT A 4

What Happened
Robert A. Katz, CEO and Chair of Vail Resorts, purchased 37,500 shares of Vail Resorts, Inc. in open‑market transactions on March 16, 2026. The filing reports a weighted‑average purchase price of $131.81 per share, for a total reported outlay of $4,942,875. This was a direct purchase (transaction code P), not an option exercise or award.

Key Details

• Transaction date: 2026-03-16
• Shares purchased: 37,500
• Weighted‑average price: $131.81; total value ≈ $4,942,875
• Price range (per footnote): purchases occurred at prices from $131.37 to $131.88; the reporting person will provide a breakdown of quantities at each price on request (Footnote F1).
• Shares owned after the transaction: not specified in the excerpt provided in this request (check the full Form 4 for post‑transaction ownership).
• Filing timeliness: Reported on 2026-03-16 for the March 16 transaction; no late filing indicated in the provided information.

Context
This was a straightforward open‑market purchase by the company’s CEO/chair — purchases by insiders are often watched by investors as a sign of personal investment in the company but are not proof of future performance. This was not an option exercise, award, or gift; it appears to be direct stock acquisition in multiple trades on the same day. For complete details (post‑transaction holdings and exact per‑trade prices), refer to the full Form 4 filing (Accession 0000812011-26-000017).