Form 4: VICI Properties Director Elizabeth I. Holland Acquires Shares as Part of Retainer Fee

Director Elizabeth I. Holland acquired 213 shares of VICI Properties Inc. common stock on July 1, 2024, as part of her annual committee retainer fee.

Summary

• On July 1, 2024, Elizabeth I. Holland, a director of VICI Properties Inc., acquired 213 shares of common stock.
• The acquisition was part of the VICI Properties Inc. 2017 Stock Incentive Plan.
• These shares were issued in respect of a portion of her annual committee retainer fee.
• Following the transaction, Holland's total beneficial ownership of VICI Properties Inc. common stock is 50,829 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-governed company. The sentiment is neutral to slightly positive as it shows alignment of interests between the director and shareholders.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.

Industry Context

This type of stock grant is a common practice for compensating board members in publicly traded companies, aligning their interests with the company's performance and shareholder value.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash retainers and equity grants.
• The size of the equity grant is generally determined by the company's compensation policy and the director's role and responsibilities.
• Comparing VICI Properties' director compensation to that of its peers, such as MGM Growth Properties (prior to its acquisition by VICI), Gaming and Leisure Properties, and EPR Properties, would provide a benchmark for assessing the competitiveness and appropriateness of the grant.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates