VICI Properties (VICI) director receives 247-share equity retainer grant

Rhea-AI Filing Summary

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

VICI Properties Inc. director Elizabeth I. Holland received a grant of 247 shares of common stock on April 1, 2026. The shares were issued at no cash cost to her under the VICI Properties Inc. 2017 Stock Incentive Plan as part of her annual committee retainer fee. Following this equity award, she directly holds 58,526 shares of VICI common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Holland Elizabeth I

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	247	$0.00	--

Holdings After Transaction: Common Stock — 58,526 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 247 shares Grant price: $0.00 per share Shares owned after grant: 58,526 shares

3 metrics

Shares granted 247 shares Common stock grant on April 1, 2026

Grant price $0.00 per share Equity awarded as compensation, not purchased

Shares owned after grant 58,526 shares Director’s direct VICI common stock holdings post-transaction

Key Terms

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

3 terms

2017 Stock Incentive Plan financial

"granted 247 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^*

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)
04/01/2026

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		247(1)	A	$0	58,526	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 247 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 Elizabeth I. Holland	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 Elizabeth Holland report in this Form 4?

Elizabeth I. Holland reported receiving 247 shares of VICI common stock as an equity grant. The award was issued under the company’s 2017 Stock Incentive Plan and represents part of her annual committee retainer compensation as a director.

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

The Form 4 shows a compensation grant, not an open-market stock purchase. Holland received 247 VICI common shares at no cash cost as part of her annual committee retainer under the 2017 Stock Incentive Plan.

How many VICI (VICI) shares does Elizabeth Holland hold after this Form 4?

After the reported grant, Elizabeth I. Holland directly owns 58,526 shares of VICI common stock. This total includes the newly awarded 247 shares received as part of her annual committee retainer compensation on April 1, 2026.

What is the size of the equity grant reported in VICI (VICI) director’s Form 4?

The equity grant consists of 247 shares of VICI common stock. These shares were awarded with a reported price of $0.00 per share, reflecting that they are compensation under the company’s 2017 Stock Incentive Plan rather than an open-market purchase.

Under which plan was the VICI (VICI) director’s stock grant made?

The 247-share grant to Elizabeth I. Holland was made under the VICI Properties Inc. 2017 Stock Incentive Plan. According to the filing, the shares were issued in respect of a portion of her annual committee retainer fee as a director.