SCHEDULE: Oasis Management Discloses 5.2% Stake in Vail Resorts

Oasis Management Co Ltd. and Seth Fischer have reported a 5.2% passive beneficial ownership stake in Vail Resorts, Inc. common stock.

Summary

• Oasis Management Co Ltd., a Cayman Islands exempted company, and Seth Fischer, responsible for Oasis Management's investment activities, are the reporting persons.
• They collectively beneficially own 1,851,234 shares of Vail Resorts, Inc. common stock.
• This ownership represents 5.2% of the company's outstanding common stock.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Vail Resorts, Inc.
• The percentage of class is calculated based on 35,775,575 shares of Common Stock outstanding as of December 5, 2025, as reported in Vail Resorts' Form 10-Q.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive development, indicating a notable investment firm has taken a significant passive stake in Vail Resorts, which could be interpreted as a vote of confidence in the company's long-term prospects.

Positives

• A significant institutional investor, Oasis Management, has taken a 5.2% passive stake in Vail Resorts, which can be interpreted as a vote of confidence in the company's long-term value.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding Vail Resorts' operational or financial performance.

Management Comments

• The Reporting Persons certify that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that a new 5.2% passive stake by an investment manager like Oasis Management could signal a belief in the long-term value of Vail Resorts within the leisure and hospitality sector, particularly given its focus on ski resorts and destination experiences.

Stakeholder Impact

• Shareholders: Increased institutional ownership may provide some stability or signal perceived value in the company's stock.

Key Dates

Recommendation

Oasis Management's disclosure of a 5.2% passive stake in Vail Resorts suggests a belief in the company's long-term value. While this filing does not provide operational or financial performance details, the entry of a significant institutional investor typically signals a positive outlook on the stock, warranting a 'hold' for current investors to observe future developments and for potential investors to conduct further due diligence.

Keywords

Vail Resorts, VRI, Oasis Management, Seth Fischer, Schedule 13G, beneficial ownership, common stock, investment, passive stake