Oasis Reveals $100K/Month Chapek Deal and $500K Loan in Vail Proxy Fight
MTN sits 19% above its 52-week low of $118.51.
Summary
Oasis Management disclosed the compensation terms for its four Vail Resorts board nominees, including a $100,000 monthly consulting fee and $500,000 forgivable loan for Bob Chapek, plus cash-settled swaps on 477,714 additional shares.
Key Events · Ownership and Investor Activity · MTN
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Chapek Consulting Deal
Oasis Management will pay Bob Chapek $100,000 per month for consulting services and provide a $500,000 forgivable loan to purchase Vail Resorts shares if he becomes a director.
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Nominee Compensation Terms
Hudson, Roberts, and Street each receive $50,000 upon submission of the nomination notice and an additional $50,000 upon filing the preliminary proxy statement, with a requirement to invest after-tax proceeds in Vail stock within five days.
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Cash-Settled Swaps
Oasis Fund holds cash-settled swaps providing notional economic exposure to 477,714 additional shares, beyond its 2,199,016 directly held shares, without voting or dispositive power.
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Proxy Fight Escalation
This filing follows Oasis's September 11 DEFA14A nominating four directors and its September 16 Schedule 13D disclosing a 6.2% stake, adding financial details to the campaign.
Analysis · MTN · Trade & Services
Oasis Management's DFAN14A discloses the financial arrangements behind its proxy fight at Vail Resorts. Former Disney CEO Bob Chapek will receive $100,000 per month for consulting services plus a $500,000 forgivable loan to buy shares if elected. The three other nominees each get $50,000 now and another $50,000 upon filing the preliminary proxy, with a requirement to invest the after-tax proceeds in Vail stock. Oasis also holds cash-settled swaps on 477,714 shares, giving it economic exposure beyond its 6.2% disclosed stake. These terms show Oasis is putting significant capital behind its campaign to replace the board, and the compensation structure aligns nominees' interests with shareholders by forcing them to buy stock.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.4% of the 1059 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, MTN was trading at $140.96 on NYSE in the Trade & Services sector, with a market capitalization of approximately $5B. The 52-week trading range was $118.51 to $163.34. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.