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VAIL RESORTS INC·4

Feb 3, 5:26 PM ET

BURGOYNE CELESTE 4

4 · VAIL RESORTS INC · Filed Feb 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Vail Resorts (MTN) EVP Celeste Burgoyne Receives RSU & SAR Grants

What Happened Celeste Burgoyne, EVP and Chief Revenue Officer of Vail Resorts (MTN), received equity compensation on February 1, 2026. The filing shows grants of 51,549 Restricted Share Units (RSUs) and 38,665 Share Appreciation Rights (SARs). Each grant is recorded as an award (code A) with an acquisition price of $0.00 — these are compensation awards, not open-market purchases or sales.

Key Details

  • Transaction date and price: Feb 1, 2026; recorded acquisition price $0.00 (award).
  • Grants by line item:
    • 17,281 RSUs vesting in one installment on Feb 1, 2027.
    • 24,393 RSUs vesting in three equal annual installments beginning Feb 1, 2027.
    • 9,875 RSUs vesting in three equal annual installments beginning Feb 1, 2027.
    • 38,665 SARs vesting in three equal annual installments beginning Feb 1, 2027.
  • Shares owned after transaction: not disclosed in the Form 4 filing.
  • Filing timeliness: Form filed Feb 3, 2026 for a Feb 1 grant; appears timely (no late filing noted).
  • No 10b5-1 plan, tax-withholding, cashless exercise, or other special settlement details are disclosed in the footnotes.

Context

  • RSUs are restricted stock units that convert to company shares when they vest; they represent future equity compensation rather than an immediate purchase or sale. SARs are derivative awards that provide value if the stock price increases (similar economic exposure to appreciation) and typically require vesting before any exercise or settlement.
  • These awards are standard executive compensation grants and do not by themselves indicate a buy or sell signal in the open market.

Insider Transaction Report

Form 4
Period: 2026-02-01
VAIL RESORTS INCMTN
BURGOYNE CELESTE
EVP, Chief Revenue Officer
Transactions
  • Award

    Restricted Share Unit

    [F1]
    2026-02-01+17,281→ 17,281 total
    Exercise: $0.00→ Common Stock (17,281 underlying)
  • Award

    Restricted Share Unit

    [F2]
    2026-02-01+24,393→ 24,393 total
    Exercise: $0.00→ Common Stock (24,393 underlying)
  • Award

    Restricted Share Unit

    [F3]
    2026-02-01+9,875→ 9,875 total
    Exercise: $0.00→ Common Stock (9,875 underlying)
  • Award

    Share Appreciation Right

    [F4]
    2026-02-01+38,665→ 38,665 total
    Exercise: $133.07Exp: 2036-02-01→ Common Stock (38,665 underlying)
Footnotes (4)
  • [F1]On February 1, 2026, Reporting Person was granted 17,281 Restricted Share Units ("RSUs"), which vest in one installment on February 1, 2027.
  • [F2]On February 1, 2026, Reporting Person was granted 24,393 RSUs, which vest in three equal installments commencing on the first anniversary of the grant date.
  • [F3]On February 1, 2026, Reporting Person was granted 9,875 RSUs, which vest in three equal installments commencing on the first anniversary of the grant date.
  • [F4]On February 1, 2026, Reporting Person was granted 38,665 Share Appreciation Rights, which vest in three equal installments commencing on the first anniversary of the grant date.
Signature
/s/ Lucy Jensen, Attorney-in-Fact for Celeste Burgoyne|2026-02-03

Documents

1 file
  • 4
    wk-form4_1770157581.xmlPrimary

    FORM 4