VICI Properties (NYSE: VICI) director awarded 412 shares as committee retainer

Rhea-AI Filing Summary

MACNAB CRAIG reported acquisition or exercise transactions in this Form 4 filing.

VICI Properties Inc. director Craig Macnab received a routine stock grant as part of his board compensation. On April 1, 2026, he was granted 412 shares of VICI common stock under the company’s 2017 Stock Incentive Plan as a portion of his annual committee retainer fee.

After this award, Macnab directly holds 74,118 shares of VICI common stock. The transaction was a compensation-related grant at no cash cost to him, not an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MACNAB CRAIG

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	412	$0.00	--

Holdings After Transaction: Common Stock — 74,118 shares (Direct)

Footnotes (1)

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Key Figures

Stock grant: 412 shares Post-transaction holdings: 74,118 shares Grant price: $0.00 per share

3 metrics

Stock grant 412 shares Common stock awarded on April 1, 2026

Post-transaction holdings 74,118 shares Craig Macnab direct ownership after grant

Grant price $0.00 per share Reported transaction price for the awarded shares

Key Terms

2017 Stock Incentive Plan, annual committee retainer fee, Grant, award, or other acquisition

3 terms

2017 Stock Incentive Plan financial

"granted 412 shares of common stock under the VICI Properties Inc. 2017 Stock Incentive Plan"

annual committee retainer fee financial

"shares issuable in respect of a portion of the Reporting Person's annual committee retainer fee"

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MACNAB CRAIG

(Last) (First) (Middle)

C/O VICI PROPERTIES INC.

535 MADISON AVENUE, 28TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VICI PROPERTIES INC. [ VICI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		412(1)	A	$0	74,118	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On April 1, 2026, the Reporting Person was granted 412 shares of common stock under the VICI Properties Inc. 2017 Stock Incentive Plan, consisting of shares issuable in respect of a portion of the Reporting Person's annual committee retainer fee.

Remarks:

	/s/ Samantha Sacks Gallagher, as attorney-in-fact for Craig Macnab	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did VICI (VICI) director Craig Macnab report on this Form 4?

Craig Macnab reported receiving 412 shares of VICI common stock as a stock grant. The award was made under the VICI Properties Inc. 2017 Stock Incentive Plan as part of his annual committee retainer compensation, not through an open-market transaction.

Was the VICI (VICI) Form 4 transaction a stock purchase or a compensation grant?

The Form 4 shows a compensation-related stock grant, not a market purchase. Macnab received 412 shares at a reported price of $0.00 per share, reflecting a grant classified as a “Grant, award, or other acquisition” under the company’s equity incentive plan.

How many VICI (VICI) shares does Craig Macnab hold after this Form 4 grant?

Following the 412-share grant, Craig Macnab directly holds 74,118 shares of VICI common stock. This total reflects his position after the reported award, giving investors context for the size of this compensation grant relative to his overall holdings.

What plan governed the 412-share grant reported by VICI (VICI)?

The 412-share grant was issued under the VICI Properties Inc. 2017 Stock Incentive Plan. The footnote explains that these shares represent a portion of Macnab’s annual committee retainer fee, paid in company stock instead of entirely in cash compensation.

Did VICI (VICI) director Craig Macnab sell any shares in this Form 4 filing?

No sales were reported in this Form 4. The filing only shows an acquisition of 412 shares classified as a grant or award, with no corresponding sale transactions or tax-withholding dispositions disclosed in the transaction summary for this reporting period.