VICI Properties (VICI) director Elizabeth Holland reports 241-share equity grant

Rhea-AI Filing Summary

VICI Properties Inc. director Elizabeth I. Holland reported receiving a grant of common stock as part of her board compensation. On January 2, 2026, she was awarded 241 shares of common stock under the VICI Properties Inc. 2017 Stock Incentive Plan, representing a portion of her annual committee retainer fee. After this award, she beneficially owns 58,279 shares of VICI Properties Inc. common stock, held directly. The grant was reported at a price of $0 per share, reflecting that it was an equity compensation award rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Holland Elizabeth I

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	241	$0.00	--

Holdings After Transaction: Common Stock — 58,279 shares (Direct)

Footnotes (1)

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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 NY 10022

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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

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

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

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	01/02/2026		A		241(1)	A	$0	58,279	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 January 2, 2026, the Reporting Person was granted 241 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	01/02/2026
	** 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.

FAQ

What insider transaction did VICI (VICI) report for Elizabeth I. Holland?

Elizabeth I. Holland, a director of VICI Properties Inc., reported receiving a grant of 241 shares of common stock on January 2, 2026 as part of her annual committee retainer fee.

How many VICI shares does Elizabeth I. Holland own after the reported transaction?

Following the January 2, 2026 stock grant, Elizabeth I. Holland beneficially owns 58,279 shares of VICI Properties Inc. common stock, held directly.

What was the price of the VICI shares granted to Elizabeth I. Holland?

The 241 shares of VICI Properties Inc. common stock granted to Elizabeth I. Holland were reported at a price of $0 per share, reflecting a compensation-related equity award.

Under which plan were the new VICI shares granted to Elizabeth I. Holland?

The 241-share grant to Elizabeth I. Holland was made under the VICI Properties Inc. 2017 Stock Incentive Plan as part of her annual committee retainer fee.

Is Elizabeth I. Holland an officer or director of VICI Properties Inc.?

Elizabeth I. Holland is identified as a director of VICI Properties Inc. on the reported insider transaction form.

Was the reported VICI insider transaction filed by one or multiple reporting persons?

The transaction was reported on a Form 4 that was filed by one reporting person, covering the holdings and grant to Elizabeth I. Holland.