VICI PROPERTIES INC. — Director's Dealing 2026

Feb 24, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VICI PROPERTIES INC. (VICI)
CIK: 0001705696
Period of Report: 2026-02-20

Reporting Person: Payne John W R (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-20	Common Stock	F	2827	$29.87	Disposed	447218	Direct
2026-02-23	Common Stock	F	4577	$30.09	Disposed	442641	Direct
2026-02-24	Common Stock	A	31724	—	Acquired	474365	Direct

Footnotes

F1: Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted shares of common stock.

F2: Pursuant to the Issuer's long-term incentive compensation plan, on February 24, 2026, the Reporting Person was granted an award of time-based restricted shares of common stock under the Issuer's 2017 Stock Incentive Plan. In addition, the Reporting Person was granted an award of performance-based restricted stock units under the Issuer's 2017 Stock Incentive Plan, which units represent a contingent right to receive a number of shares of the Issuer's common stock based on the achievement of certain performance measures.