VICI Properties (NYSE: VICI) director granted 7,546 shares

Rhea-AI Filing Summary

Holland Elizabeth I reported acquisition or exercise transactions in this Form 4 filing.

VICI Properties director Elizabeth I. Holland received a grant of 7,546 shares of common stock on April 28, 2026 under the VICI Properties Inc. 2017 Stock Incentive Plan, as part of her annual board retainer. The award was granted at no cash cost per share, bringing her direct holdings to 66,072 shares of VICI common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Holland Elizabeth I

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,546	$0.00	--

Holdings After Transaction: Common Stock — 66,072 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 7,546 shares Grant price: $0.00 per share Shares owned after grant: 66,072 shares

3 metrics

Shares granted 7,546 shares Common stock award on April 28, 2026

Grant price $0.00 per share Equity compensation, not open-market purchase

Shares owned after grant 66,072 shares Total direct holdings following the reported transaction

Key Terms

Form 4, 2017 Stock Incentive Plan, annual board retainer, Grant, award, or other acquisition

4 terms

Form 4 regulatory

"What did VICI (VICI) director Elizabeth I. Holland report in this Form 4?"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

2017 Stock Incentive Plan financial

"granted 7,546 shares of common stock under the VICI Properties Inc. 2017 Stock Incentive Plan"

annual board retainer financial

"consisting of shares issuable in respect of such Reporting Person's annual board retainer"

Grant, award, or other acquisition regulatory

"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^*

Holland Elizabeth I

(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)
04/28/2026

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	04/28/2026		A		7,546(1)	A	$0	66,072	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 28, 2026, the Reporting Person was granted 7,546 shares of common stock under the VICI Properties Inc. 2017 Stock Incentive Plan, consisting of shares issuable in respect of such Reporting Person's annual board retainer.

Remarks:

	/s/ Samantha Sacks Gallagher, as attorney-in-fact for Elizabeth I. Holland	04/28/2026
	** 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 Elizabeth I. Holland report in this Form 4?

Elizabeth I. Holland reported receiving a grant of 7,546 shares of VICI common stock. The shares were issued as part of her annual board retainer under the company’s 2017 Stock Incentive Plan, rather than through an open-market purchase.

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

The Form 4 shows a grant, not a market purchase. Code “A” indicates a grant, award, or other acquisition, and the shares were issued at $0.00 per share as equity compensation under the 2017 Stock Incentive Plan.

How many VICI (VICI) shares does Elizabeth I. Holland hold after this grant?

After receiving the grant, Elizabeth I. Holland directly holds 66,072 shares of VICI common stock. This figure includes the newly awarded 7,546 shares reported in the Form 4 filing as part of her annual board retainer compensation.

What is the size of the VICI (VICI) equity award reported on April 28, 2026?

On April 28, 2026, Holland was awarded 7,546 shares of VICI common stock. The filing notes that these shares were granted under the VICI Properties Inc. 2017 Stock Incentive Plan and relate to her annual compensation for serving on the board.

Did Elizabeth I. Holland pay cash for the VICI (VICI) shares in this Form 4?

No, the reported transaction shows a price of $0.00 per share. The 7,546 shares were issued as an equity compensation grant under the 2017 Stock Incentive Plan, reflecting her annual board retainer rather than a cash-funded stock purchase.

What plan governs the VICI (VICI) stock grant to director Elizabeth I. Holland?

The stock grant was made under the VICI Properties Inc. 2017 Stock Incentive Plan. The footnote explains that the 7,546 shares of common stock represent Holland’s annual board retainer, delivered in company shares instead of cash.