Rumbolz Michael D 4

What Happened

Michael D. Rumbolz, a director of VICI Properties Inc. (VICI), was granted 7,546 shares of common stock on April 28, 2026 as part of his annual board retainer. The Form 4 reports the acquisition price as $0.00 (transaction code A — award/grant). The filing reflects an equity award under VICI's 2017 Stock Incentive Plan rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-28; Type: Award/Grant (code A); Reported acquisition price: $0.00 per share.
• Shares granted: 7,546 shares. Total cash paid: $0 (award). Market value at grant date is not specified on the Form 4.
• Shares are held by the Michael and Geri Rumbolz Living Trust 2000 (Michael D. Rumbolz and Geri L. Rumbolz, Trustees) per the filing footnote.
• The award was granted under the VICI Properties Inc. 2017 Stock Incentive Plan as the director’s annual retainer (footnote).
• Post-transaction total holdings were not specified in the provided filing.
• Filing/period dates: Report filed and dated 2026-04-28 — appears timely (no late filing indicated).

Context

This was a routine equity compensation award to a board member, common for directors as part of retainer packages. Such grants are not an open-market purchase by the insider and should be viewed as compensation rather than a direct signal of insider buying or selling.