ベイルリゾーツの適時開示・その他

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): September 25, 2025

Vail Resorts, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware

001-09614

51-0291762

(State or Other Jurisdiction of
Incorporation or Organization)

(Commission File Number)

(I.R.S. Employer
Identification No.)

390 Interlocken Crescent

Broomfield,

Colorado

80021

(Address of Principal Executive Offices)

(Zip Code)


(303)			404-1800
(Registrant’s telephone number, including area code)


Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting materials pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, $0.01 par value	MTN	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 25, 2025, John F. Sorte and John T. Redmond communicated to the Board of Directors (the “Board”) of Vail Resorts, Inc. (the “Company”) their intention not to stand for re-election to the Board at the end of their current terms, which end on the date of the Company’s 2025 Annual Meeting of Stockholders (“Annual Meeting”). Mr. Sorte will continue to serve on the Board’s Audit Committee, Executive Committee, and Nominating & Governance Committee, and Mr. Redmond will continue to serve on the Board’s Audit Committee, until the earlier of the Board determining otherwise, or the end of their current terms.

Neither Mr. Sorte’s nor Mr. Redmond’s decision not to seek re-election was due to any disagreement with the Company on any matter relating to operations, policies, or practices.

On September 29, 2025, the Company issued a press release regarding Messrs. Sorte’s and Redmond’s resignations from the Board, which is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01. Exhibits.

(d) Exhibits.


Exhibit No.			Description
99.1			Press Release, dated September 29, 2025, Vail Resorts Announces Board of Directors Transitions.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


		Vail Resorts, Inc.
Date: September 29, 2025	By:	/s/ Julie A. DeCecco
		Julie A. DeCecco
		Executive Vice President, General Counsel and Chief Public Affairs Officer

EX-99.1 2 a20250929pressrelease-boar.htm PRESS RELEASE, DATED SEPTEMBER 29, 2025 Document

Exhibit 99.1

Vail Resorts Contacts:

Investor Relations: Jack McCarthy, InvestorRelations@vailresorts.com

Media: Sara Olson, News@vailresorts.com

Vail Resorts Announces Board of Directors Transitions

BROOMFIELD, Colo., Sept. 29, 2025 – Vail Resorts, Inc. (NYSE: MTN) announced today that Board of Directors members John Sorte and John Redmond have informed the Company that they will not stand for reelection at the end of their current terms, which conclude on the date of the Company’s 2025 Annual Meeting of Stockholders.

Mr. Sorte has served on the Board since 1993 and Mr. Redmond has served since 2008. Across their tenures, both have provided invaluable insight and guidance that have helped Vail Resorts grow from a regional operator into the world’s largest mountain resort company. Messrs. Sorte and Redmond’s contributions have been instrumental in shaping and delivering the Company’s mission to create the Experience of a Lifetime for our employees, so they, in turn, can create the Experience of a Lifetime for our guests.

“We are grateful to John Sorte and John Redmond for their decades of service on our Board of Directors,” said Rob Katz, Chairperson and Chief Executive Officer of Vail Resorts. “From the launch of the Epic Pass to strategic acquisitions in North America and our expansion into Europe and Australia, their efforts, experience and leadership have directly supported Vail Resorts as we grew into the company we are today. We wish them both the very best.”

“Serving on Vail Resorts’ Board for over three decades has been an incredible experience,” said Mr. Sorte. “What started as a strategic vision to make skiing and riding more accessible to all has led to our global expansion from a small local player to the world’s premier mountain resort company. I look forward to following the Company’s successes for years to come.”

“It has been a pleasure to be part of Vail Resorts’ expansion since joining the Board in 2008,” said Mr. Redmond. “I have been incredibly impressed by the Company’s ability to consistently deliver exceptional guest experiences. Vail Resorts is well positioned to continue setting the industry standard long into the future.”

At the conclusion of Mr. Sorte’s and Mr. Redmond’s terms, the Board will comprise nine Directors, eight of whom are independent. As part of its ongoing commitment to Board refreshment, the Board regularly reviews its membership to ensure it reflects the right mix of skills and expertise to support the Company’s strategy and drive long-term sustainable shareholder value.

Neither Mr. Sorte’s nor Mr. Redmond’s decision not to seek reelection was due to any disagreement with the Company on any matter relating to operations, policies, or practices.

About Vail Resorts, Inc. (NYSE: MTN)

Vail Resorts is a network of the best destination and close-to-home ski resorts in the world including Vail Mountain, Breckenridge, Park City Mountain, Whistler Blackcomb, Stowe, and 32 additional resorts across North America; Andermatt-Sedrun and Crans-Montana Mountain Resort in Switzerland; and Perisher, Hotham, and Falls Creek in Australia. We are passionate about providing an Experience of a Lifetime to our team members and guests, and our EpicPromise is to reach a zero net operating footprint by 2030, support our employees and communities, and broaden engagement in our sport. Our company owns and/or manages a collection of elegant hotels under the RockResorts brand, a portfolio of vacation rentals, condominiums and branded hotels located in close proximity to our mountain destinations, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Retail operates more than 250 retail and rental locations across North America. Learn more about our company at www.VailResorts.com, or discover our resorts and pass options at www.EpicPass.com.