VICI director granted 914 shares as equity award

ABRAHAMSON JAMES R reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

ABRAHAMSON JAMES R reported acquisition or exercise transactions in this Form 4 filing.

VICI Properties Inc. director James R. Abrahamson received a grant of 914 shares of common stock on April 1, 2026, as part of his annual retainer for serving as chairman of the board under the company’s 2017 Stock Incentive Plan. The award was recorded at a price of $0.00 per share, reflecting its nature as equity compensation rather than an open-market purchase. Following this grant, he directly holds 164,619 common shares, with additional indirect holdings of 6,113 shares held in a 401(k) plan and 2,900 shares held by his spouse.

Insider Trade Summary

Grant/Award: 914 shares

Grant/Award 3 txns

Insider ABRAHAMSON JAMES R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	914	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 164,619 shares (Direct); Common Stock — 6,113 shares (Indirect, Held by 401(k) plan.); Common Stock — 2,900 shares (Indirect, Held by spouse.)

Footnotes (2)

1. F1. On April 1, 2026, the Reporting Person was granted 914 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 retainer as chairman of the Board of Directors of VICI Properties Inc.
2. F2. Reflects the updated allocation of holdings between direct and indirect ownership.

Key Figures

Equity grant: 914 shares Grant price: $0.00 per share Direct holdings after grant: 164,619 shares +2 more

5 metrics

Equity grant 914 shares Common stock award on April 1, 2026

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

Direct holdings after grant 164,619 shares Common stock directly owned by Abrahamson

Indirect 401(k) holdings 6,113 shares Common stock held in 401(k) plan

Spousal holdings 2,900 shares Common stock held by spouse as indirect ownership

Key Terms

2017 Stock Incentive Plan, annual retainer, indirect ownership, 401(k) plan, +1 more

5 terms

2017 Stock Incentive Plan financial

"granted 914 shares of common stock under the VICI Properties Inc. 2017 Stock Incentive Plan"

annual retainer financial

"consisting of shares issuable in respect of a portion of the Reporting Person's annual retainer as chairman"

indirect ownership financial

"Reflects the updated allocation of holdings between direct and indirect ownership."

401(k) plan financial

"nature_of_ownership": "Held by 401(k) plan."

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

common stock financial

"the Reporting Person was granted 914 shares of common stock under the VICI Properties Inc. 2017 Stock Incentive Plan"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did VICI (VICI) director James R. Abrahamson report in this Form 4?

James R. Abrahamson reported receiving 914 shares of VICI common stock as equity compensation. The grant reflects a portion of his annual retainer as chairman of the board under the company’s 2017 Stock Incentive Plan.

Is the 914-share transaction for VICI (VICI) an open-market purchase or compensation?

The 914-share transaction is compensation, not an open-market purchase. It was granted at $0.00 per share under VICI Properties Inc.’s 2017 Stock Incentive Plan as part of Abrahamson’s annual board chairman retainer.

How many VICI (VICI) shares does Abrahamson hold directly after the grant?

After the 914-share grant, Abrahamson holds 164,619 VICI common shares directly. This figure comes from the Form 4 disclosure of total shares following the transaction for his direct ownership position.

What indirect VICI (VICI) holdings are reported for Abrahamson in this filing?

The filing shows 6,113 VICI shares held indirectly in a 401(k) plan and 2,900 shares held indirectly by his spouse. These figures reflect an updated allocation between direct and indirect ownership reported in the Form 4.

Why were 914 VICI (VICI) shares granted to Abrahamson on April 1, 2026?

The 914 VICI shares were granted as part of Abrahamson’s annual retainer for serving as chairman of the board. They were issued under the VICI Properties Inc. 2017 Stock Incentive Plan as equity-based director compensation.

Does the Form 4 for VICI (VICI) indicate any share sales by Abrahamson?

The Form 4 does not report any share sales by Abrahamson. It records an award of 914 common shares as compensation and updates the allocation between his direct and indirect ownership positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 04:30 PM Learn about SEC filing dates

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^*

ABRAHAMSON JAMES R

(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		914(1)	A	$0	164,619(2)	D
Common Stock								6,113(2)	I	Held by 401(k) plan.
Common Stock								2,900	I	Held by spouse.

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 914 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 retainer as chairman of the Board of Directors of VICI Properties Inc.

2. Reflects the updated allocation of holdings between direct and indirect ownership.

Remarks:

	/s/ Samantha Sacks Gallagher, as attorney-in-fact for James R. Abrahamson	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)