DeCecco Julie A. 4

What Happened

• Julie A. DeCecco, General Counsel & Chief Public Affairs Officer of Vail Resorts (MTN), had 73 restricted share units (RSUs) convert to common stock on May 1, 2026 (reported as derivative exercise/conversion). Of those shares, 21 were withheld and disposed to satisfy tax withholding obligations at $125.86 per share, totaling $2,643. The conversion shows $0 exercise price for the RSUs (typical for vested RSUs).

Key Details

• Transaction date: May 1, 2026. Filing date: May 4, 2026.
• Reported actions: 73 shares acquired via conversion (code M); 21 shares withheld/disposed to cover taxes (code F) at $125.86/share for $2,643.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — 21 shares were withheld upon RSU vesting to satisfy tax obligations. F2 — the RSUs came from a May 1, 2024 grant of 219 RSUs that vest in three equal annual installments (73 shares per installment).
• No late-filing indicator is shown in the excerpt; check the official filing for timeliness status if relevant.

Context

• This is a routine vesting and tax-withholding event for RSUs (not an open-market buy or sell). Withholding shares to cover taxes is common and does not necessarily indicate insider sentiment about the stock. For RSU conversions, the $0 exercise price reflects that these were grants becoming common shares rather than a paid option exercise.