What plan governed the 7,546-share award reported for VICI (VICI)?

The 7,546-share award to James R. Abrahamson was granted under the VICI Properties Inc. 2017 Stock Incentive Plan. The footnote explains these shares are issuable in respect of his annual board retainer, aligning the grant with the company’s director compensation program.

VICI director granted 7,546 common shares

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

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Form Type

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 7,546 shares of common stock as part of his annual board retainer under the VICI Properties Inc. 2017 Stock Incentive Plan. This is a compensation-related award rather than an open-market trade.

After this grant, Abrahamson directly holds 172,165 shares of VICI common stock. He also has indirect holdings of 6,113 shares held in a 401(k) plan and 2,900 shares held by his spouse, as reported in this filing.

Insider Trade Summary

Grant/Award: 7,546 shares

Grant/Award 3 txns

Insider ABRAHAMSON JAMES R

Role Director

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

Holdings After Transaction: Common Stock — 172,165 shares (Direct); Common Stock — 2,900 shares (Indirect, Held by spouse.); Common Stock — 6,113 shares (Indirect, Held by 401(k) plan.)

Footnotes (1)

F1. 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.

Key Figures

Stock grant: 7,546 shares Direct holdings after grant: 172,165 shares 401(k) indirect holdings: 6,113 shares +2 more

5 metrics

Stock grant 7,546 shares Common stock awarded as annual board retainer

Direct holdings after grant 172,165 shares VICI common stock directly held by Abrahamson after transaction

401(k) indirect holdings 6,113 shares VICI common stock held by 401(k) plan

Spouse indirect holdings 2,900 shares VICI common stock held by spouse

Grant price per share $0.00 per share Reported price for 7,546-share compensation grant

Key Terms

2017 Stock Incentive Plan, annual board retainer, Form 4

3 terms

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"

Form 4 regulatory

"The filing reports these insider holdings and the stock grant on 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.

FAQ

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What insider transaction did VICI (VICI) director James R. Abrahamson report?

James R. Abrahamson reported receiving 7,546 shares of VICI common stock as a grant. The shares were awarded under the company’s 2017 Stock Incentive Plan as part of his annual board retainer, and do not reflect an open-market purchase or sale.

How many VICI (VICI) shares does James R. Abrahamson hold after this Form 4?

After the grant, James R. Abrahamson directly holds 172,165 VICI common shares. The filing also reports 6,113 shares held in a 401(k) plan and 2,900 shares held by his spouse, which are reported as indirect beneficial ownership positions.

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

The Form 4 shows a stock grant, not a market trade. Abrahamson received 7,546 VICI common shares at a stated price of $0.00 per share as part of his annual board retainer under the 2017 Stock Incentive Plan, indicating compensation-related issuance.

How are James R. Abrahamson’s indirect VICI (VICI) holdings described?

The filing reports two indirect positions for Abrahamson. It lists 6,113 VICI common shares held by a 401(k) plan and 2,900 shares held by his spouse. Both entries are classified as indirect ownership, separate from his 172,165 directly held shares.

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Accepted by SEC EDGAR 04/28/2026 - 04:37 PM

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/28/2026		A		7,546⁽¹⁾	A	$0	172,165	D
Common Stock								2,900	I	Held by spouse.
Common Stock								6,113	I	Held by 401(k) plan.

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 James R. Abrahamson	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)

Source: View Original Filing on SEC EDGAR