VAIL RESORTS INC

Ticker: MTN CUSIP: 91879Q109 Class: Common Stock

ARIEL INVESTMENTS, LLC's Holding History (CIK: 0000936753)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 112,211 Value ($000) $14,902 Avg Close $147.17 Range $132.59 - $163.34

Q3 2025

Shares 115,166 Value ($000) $17,225 Avg Close $155.21 Range $139.50 - $172.00

Q2 2025

Shares 119,332 Value ($000) $18,751 Avg Close $148.56 Range $129.85 - $175.51

Q1 2025

Shares 124,049 Value ($000) $19,850 Avg Close $166.20 Range $151.99 - $187.71

Q4 2024

Shares 265,338 Value ($000) $49,738 Avg Close $178.92 Range $165.00 - $199.45

Q3 2024

Shares 244,318 Value ($000) $42,582 Avg Close $178.91 Range $167.58 - $190.92

Q2 2024

Shares 247,095 Value ($000) $44,509 Avg Close $198.87 Range $165.14 - $233.57

Q1 2024

Shares 223,421 Value ($000) $49,785 Avg Close $222.31 Range $204.90 - $236.92

Q4 2023

Shares 216,094 Value ($000) $46,130 Avg Close $219.12 Range $204.88 - $235.44

Q3 2023

Shares 216,369 Value ($000) $48,010 Avg Close $237.32 Range $220.34 - $254.78

Q2 2023

Shares 204,828 Value ($000) $51,567 Avg Close $243.71 Range $230.18 - $258.13

Q1 2023

Shares 217,977 Value ($000) $50,937 Avg Close $240.99 Range $211.24 - $266.26

Q4 2022

Shares 199,676 Value ($000) $47,593 Avg Close $234.64 Range $206.16 - $269.50

Q3 2022

Shares 205,399 Value ($000) $44,292 Avg Close $227.40 Range $201.91 - $248.43

Q2 2022

Shares 210,289 Value ($000) $45,853 Avg Close $244.59 Range $213.60 - $266.75

Q1 2022

Shares 163,938 Value ($000) $42,668 Avg Close $272.10 Range $221.38 - $329.07

Q4 2021

Shares 150,387 Value ($000) $49,312 Avg Close $340.91 Range $305.67 - $376.24

Q3 2021

Shares 261,862 Value ($000) $87,475 Avg Close $308.42 Range $280.27 - $353.90

Q2 2021

Shares 353,576 Value ($000) $111,914 Avg Close $318.68 Range $292.04 - $338.50

Q1 2021

Shares 358,444 Value ($000) $104,544 Avg Close $291.14 Range $261.41 - $333.95

Q4 2020

Shares 351,518 Value ($000) $98,059 Avg Close $258.28 Range $208.72 - $300.00

Q3 2020

Shares 383,252 Value ($000) $82,004 Avg Close $206.08 Range $174.39 - $234.50

Q2 2020

Shares 374,651 Value ($000) $68,243 Avg Close $174.91 Range $129.52 - $218.00

Q1 2020

Shares 312,781 Value ($000) $46,201 Avg Close $215.22 Range $125.00 - $255.37

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	112,211	$14,902	$147.17	$132.59 - $163.34
Q3 2025	115,166	$17,225	$155.21	$139.50 - $172.00
Q2 2025	119,332	$18,751	$148.56	$129.85 - $175.51
Q1 2025	124,049	$19,850	$166.20	$151.99 - $187.71
Q4 2024	265,338	$49,738	$178.92	$165.00 - $199.45
Q3 2024	244,318	$42,582	$178.91	$167.58 - $190.92
Q2 2024	247,095	$44,509	$198.87	$165.14 - $233.57
Q1 2024	223,421	$49,785	$222.31	$204.90 - $236.92
Q4 2023	216,094	$46,130	$219.12	$204.88 - $235.44
Q3 2023	216,369	$48,010	$237.32	$220.34 - $254.78
Q2 2023	204,828	$51,567	$243.71	$230.18 - $258.13
Q1 2023	217,977	$50,937	$240.99	$211.24 - $266.26
Q4 2022	199,676	$47,593	$234.64	$206.16 - $269.50
Q3 2022	205,399	$44,292	$227.40	$201.91 - $248.43
Q2 2022	210,289	$45,853	$244.59	$213.60 - $266.75
Q1 2022	163,938	$42,668	$272.10	$221.38 - $329.07
Q4 2021	150,387	$49,312	$340.91	$305.67 - $376.24
Q3 2021	261,862	$87,475	$308.42	$280.27 - $353.90
Q2 2021	353,576	$111,914	$318.68	$292.04 - $338.50
Q1 2021	358,444	$104,544	$291.14	$261.41 - $333.95
Q4 2020	351,518	$98,059	$258.28	$208.72 - $300.00
Q3 2020	383,252	$82,004	$206.08	$174.39 - $234.50
Q2 2020	374,651	$68,243	$174.91	$129.52 - $218.00
Q1 2020	312,781	$46,201	$215.22	$125.00 - $255.37