Vail Resorts Inc: CEO and chair Robert A Katz received 61,287 shares

What happened

• Robert A Katz, CEO and chair, was granted 12,426 restricted share units (RSUs) and 48,861 share appreciation rights (SARs) on Oct 3, 2026. The filing shows the RSUs were granted at $0.00 and the SARs at $155.28 per share, with the SARs shown at a total value of $7,587,136.

Key details

• Transaction date and prices: Oct 3, 2026 — 12,426 RSUs @ $0.00; Oct 3, 2026 — 48,861 SARs @ $155.28 (total $7,587,136).
• Shares owned after the transaction: not reported in the filing.
• Footnotes: the RSUs vest in three equal annual installments commencing on the first anniversary of the grant date; the SARs vest in three equal annual installments commencing on the first anniversary of the grant date.
• Filing date: Form 4 filed Oct 7, 2026; the filing does not indicate a late filing status.

Why it may matter

• These entries are awards/grants, not open-market purchases or sales; the SARs are derivative awards that vest over time.
• A filing does not show why the insider traded or why the company acted.