Ventas Director Maurice S. Smith Receives Deferred Stock Units

Insider Filing Analysis: Ventas, Inc. ($VTR)

Executive Summary

On October 1, 2026, Ventas, Inc. Director Maurice S. Smith acquired 477.726 shares of Common Stock (granted in the form of stock units) at an effective closing price of $83.73 per share, amounting to an aggregate value of approximately $40,000.00.

Nature of the Transaction

The transaction was categorized under code A (Grant, award, or other acquisition). As detailed in the footnotes, these units were granted under the Ventas, Inc. Non-Employee Directors' Cash Compensation Deferral Plan in lieu of quarterly director fees, based on the director's deferral election. They represent routine compensation earned in service as a board member rather than an open-market purchase.

Holdings Context

• Shares Acquired: 477.726
• Post-Transaction Ownership: 31,789.096 shares held directly
• Ownership Change: Minor increase of approximately 1.5% in total reported direct holdings.

Market & Trading Significance

This transaction carries Low trading significance. It is a scheduled, administrative issuance of stock units representing deferred director compensation, offering minimal incremental signal regarding insider sentiment or operational inflection points.