Ventas Director Receives Stock Units in Lieu of Cash Fees

Executive Summary

On October 7, 2026, Ventas, Inc. (NYSE: VTR) filed a Form 4 disclosing that Director Maurice S. Smith acquired 18.324 shares of common stock units on October 6, 2026. The transaction value totaled approximately $1,500 at an effective price of $81.86 per share.

Transaction Details

• Security: Common Stock (in the form of units)
• Transaction Code: A (Award/Grant)
• Shares Acquired: 18.324 shares
• Price per Share: $81.86 (representing the closing price on the grant date)
• Total Consideration: $1,500.00
• Nature of Ownership: Direct
• Post-Transaction Beneficial Ownership: 31,807.42 shares

Plan and Context

According to footnote disclosures, the units were granted under the Ventas, Inc. Non-Employee Directors' Cash Compensation Deferral Plan in lieu of regular director cash fees under a pre-existing deferral election. The units are payable solely in common stock.

Significance

The trading significance of this transaction is classified as Low. This does not represent an open-market purchase or sale and reflects routine director fee compensation conversion into deferred equity units.