# EDGAR Filing Document

**Accession Number:** 0001071255
**File Stem:** 0001677017-26-000005
**Filing Date:** 2026-4
**Character Count:** 10665
**Document Hash:** 9a56f32c858e7bbad724795044e1d2a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001677017-26-000005.hdr.sgml**: 20260430

**ACCESSION NUMBER**: 0001677017-26-000005

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260429

**FILED AS OF DATE**: 20260430

**DATE AS OF CHANGE**: 20260430

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Sartini Blake L II
- **CENTRAL INDEX KEY:** 0001677017

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-24993
- **FILM NUMBER:** 26928407

**MAIL ADDRESS:**
- **STREET 1:** C/O GOLDEN ENTERTAINMENT, INC.
- **STREET 2:** 6595 S JONES BLVD.
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89118
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEW ROYAL HOLDCO I INC.
- **CENTRAL INDEX KEY:** 0001071255
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 422224708
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 535 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 6469494631

**MAIL ADDRESS:**
- **STREET 1:** 535 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GOLDEN ENTERTAINMENT, INC.
- **DATE OF NAME CHANGE:** 20150803

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LAKES ENTERTAINMENT INC
- **DATE OF NAME CHANGE:** 20020806

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LAKES GAMING INC
- **DATE OF NAME CHANGE:** 19980929

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[x] 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**<sup>*</sup><br>Sartini Blake L II<br><sub>(Last) (First) (Middle)</sub><br>6595 S. JONES BLVD.<br><sub>(Street)</sub><br>LAS VEGAS, NV 89118<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-04-29 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_EVP of Operations_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>NEW ROYAL HOLDCO I INC. [ GDEN ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2026-04-29 |  | M<sup>(1)</sup> |  | 70000 | A | $10.51 | 240466 | D |  |
| Common Stock | 2026-04-29 |  | M<sup>(1)</sup> |  | 75000 | A | $11.50 | 315466 | D |  |
| Common Stock | 2026-04-29 |  | M<sup>(2)</sup> |  | 5940 | A | 0<sup>(2)</sup> | 321406 | D |  |
| Common Stock | 2026-04-29 |  | M<sup>(2)</sup> |  | 17016 | A | 0<sup>(2)</sup> | 338422 | D |  |
| Common Stock | 2026-04-29 |  | M<sup>(2)</sup> |  | 21873 | A | 0<sup>(2)</sup> | 360295 | D |  |
| Common Stock | 2026-04-29 |  | M<sup>(3)</sup> |  | 23874 | A | 0<sup>(3)</sup> | 384169 | D |  |
| Common Stock | 2026-04-29 |  | A<sup>(4)</sup> |  | 23874 | A | 0<sup>(4)</sup> | 408043 | D |  |
| Common Stock | 2026-04-29 |  | D<sup>(3)(4)</sup> |  | 47748 | D | 28.55<sup>(3)(4)</sup> | 360295 | D |  |
| Common Stock | 2026-04-29 |  | F<sup>(5)</sup> |  | 108652 | D | 28.55<sup>(5)</sup> | 251643 | D |  |
| Common Stock | 2026-04-30 |  | D<sup>(6)</sup> |  | 251643 | D | <sup>(6)</sup> | 0 | D |  |
| Common Stock | 2026-04-30 |  | D<sup>(6)</sup> |  | 250000 | D | <sup>(6)</sup> | 0 | I | See footnote<sup>(7)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option | $10.51 | 2026-04-29 |  | M<sup>(1)</sup> |  |  | 70000 | <sup>(8)</sup> | 2026-08-25 | Common Stock | 70000 | 0<sup>(1)</sup> | 0 | D |  |
| Stock Option | $11.50 | 2026-04-29 |  | M<sup>(1)</sup> |  |  | 75000 | <sup>(8)</sup> | 2027-03-19 | Common Stock | 75000 | 0<sup>(1)</sup> | 0 | D |  |
| Restricted Stock Units | <sup>(9)</sup> | 2026-04-29 |  | M<sup>(2)</sup> |  |  | 5940 | <sup>(8)</sup> | <sup>(9)</sup> | Common Stock | 5940 | 0<sup>(2)</sup> | 0 | D |  |
| Restricted Stock Units | <sup>(9)</sup> | 2026-04-29 |  | M<sup>(2)</sup> |  |  | 17016 | <sup>(8)</sup> | <sup>(9)</sup> | Common Stock | 17016 | 0<sup>(2)</sup> | 0 | D |  |
| Restricted Stock Units | <sup>(9)</sup> | 2026-04-29 |  | M<sup>(2)</sup> |  |  | 21873 | <sup>(8)</sup> | <sup>(9)</sup> | Common Stock | 21873 | 0<sup>(2)</sup> | 0 | D |  |
| Restricted Stock Units | <sup>(9)</sup> | 2026-04-29 |  | M<sup>(3)</sup> |  |  | 23874 | <sup>(8)</sup> | <sup>(9)</sup> | Common Stock | 23874 | 0<sup>(3)</sup> | 0 | D |  |

---

### Footnotes:

(1) Represents the exercise of stock options on the Equity Award Settlement Date, as defined under, and in accordance with the terms of, that certain Master Transaction Agreement dated November 6, 2025 by and among the Issuer, Argento, LLC, VICI Properties Inc., and VICI Royal Merger Sub LLC, (the ''Master Transaction Agreement'').

(2) Represents the accelerated vesting and conversion of restricted stock units (''RSU'') or preferred stock units (''PSUs''), as applicable, on a one for one basis for shares of common stock, plus the issuance of shares of common stock in satisfaction of dividend equivalents, in accordance with the terms of the Master Transaction Agreement.

(3) Represents the accelerated vesting and cash settlement of the RSUs granted in February 2026 in accordance with the terms of the award agreement and Master Transaction Agreement. For Form 4 reporting purposes, each RSU converted to one share of common stock which was disposed to the Issuer in exchange for the closing stock price on the Equity Award Settlement Date.

(4) Represents the accelerated vesting and cash settlement of the PSUs granted in February 2026 in accordance with the terms of the Master Transaction Agreement. For Form 4 reporting purposes, each PSU converted to one share of common stock which was disposed to the Issuer in exchange for the closing stock price on the Equity Award Settlement Date.

(5) Represents shares withheld by the Issuer in satisfaction of tax withholding obligations resulting from vesting of stock options, RSUs and PSUs, and shares withheld by the Issuer in satisfaction of payment of the exercise price for the options exercised.

(6) Represents the disposition of shares of common stock of the successor entity to the Issuer, in the reorganziation and merger involving the Issuer, under and in accordance with the Master Transaction
Agreement. Each share of common stock was exchanged for 0.902 shares of VICI Properties Inc., with cash paid in lieu of fractional shares.

(7) Represents shares held by D'Oro Holdings, LLC in which Mr. Sartini II has a pecuniary interest. On May 12, 2021, Mr. Sartini II resigned as the sole manager of D'Oro Holdings, LLC, and on May 12, 2021, Mr. Sartini II resigned as trustee of certain family trusts that were members of D'Oro Holdings, LLC. Accordingly, Mr. Sartini II no longer has investment control over shares held by D'Oro Holdings, LLC.

(8) The outstanding RSUs and PSUs vested in full, and all outstanding unvested stock options became fully exercisable and were exercised, on the Equity Award Settlement Date in accordance with the terms of the Master Transaction Agreement.

(9) Represents a contingent right to receive shares of common stock, that convert into common stock on a one-for-one basis upon vesting, and have no expiration date.

**Signature:** /s/Charles H. Protell, attorney-in-fact  
**Date:** 2026-04-30

### Remarks:

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.**