Form 4: VICI Chief Accounting Officer's Stock Transactions

VICI Properties' Chief Accounting Officer, Gabriel Wasserman, reported recent stock transactions including tax-related dispositions and a new grant of restricted shares.

Summary

• Gabriel Wasserman, Chief Accounting Officer of VICI Properties Inc., reported several transactions involving VICI common stock.
• On February 20, 2026, Wasserman disposed of 625 shares at $29.87 to satisfy tax withholding obligations related to restricted share vesting.
• On February 23, 2026, an additional 1,105 shares were disposed of at $30.09 for tax withholding purposes.
• On February 24, 2026, Wasserman was granted 5,071 time-based restricted shares of common stock at a price of $0 under the company's 2017 Stock Incentive Plan.
• Additionally, Wasserman received an award of performance-based restricted stock units, contingent on achieving specific performance measures.
• Following these transactions, Wasserman beneficially owns 41,838 shares of common stock directly.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, reflecting routine executive compensation and continued alignment of management interests with shareholders through new equity grants, despite tax-related share dispositions.

Positives

• Gabriel Wasserman received a grant of 5,071 time-based restricted shares of common stock, indicating continued incentive alignment with the company's performance.
• An award of performance-based restricted stock units was also granted, linking future compensation directly to company performance metrics.

Negatives

• Wasserman disposed of a total of 1,730 shares (625 + 1,105) of common stock to cover tax withholding obligations, which reduces direct ownership.

Future Outlook

The grant of performance-based restricted stock units indicates a future focus on achieving specific company performance measures, which will determine the ultimate number of shares received.

Industry Context

StockSavvy.ai notes that equity compensation, including restricted stock and performance-based units, is a standard practice across industries, particularly in real estate investment trusts (REITs) like VICI, to align executive incentives with long-term shareholder value. These grants are typical components of executive compensation packages.

Stakeholder Impact

• Shareholders: The grant of new equity incentives aligns the Chief Accounting Officer's interests with shareholder value creation. The tax-related dispositions are routine and have minimal impact on overall share float.
• Employees: Reflects standard executive compensation practices within the company.

Next Steps

• The performance-based restricted stock units will vest based on the achievement of certain performance measures, implying future evaluation of company performance against these targets.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting of restricted shares, tax withholding, and new equity grants. It does not provide new information that would fundamentally alter the investment thesis for VICI Properties, thus a 'hold' recommendation is appropriate as it confirms ongoing executive incentive alignment without presenting new catalysts for significant price movement.

Keywords

VICI Properties, Gabriel Wasserman, Form 4, Insider Trading, Restricted Stock, Stock Grant, Performance-Based Units, Chief Accounting Officer, Equity Compensation, VICI