Ventas Form 144: Debra Cafaro to sell 41,294 VTR common shares

Rhea-AI Filing Summary

Ventas, Inc. (VTR) insider Debra Cafaro filed a notice to sell up to 41,294 shares of common stock through Merrill Lynch on the NYSE around 11/17/2025, with an aggregate market value of 3,262,534.21. These shares were acquired the same day via a broker-assisted exercise of employee stock options. The notice also lists prior sales over the past three months, including individual transactions of 219,515, 317,258, and other smaller blocks of common stock, showing a pattern of orderly insider selling.

Insights

Equity markets and insider activity analyst

Form 144 shows sizable, pre-disclosed insider stock sales by a Ventas leader.

The filing indicates that Debra Cafaro plans to sell 41,294 shares of Ventas, Inc. common stock, with an aggregate market value of about 3,262,534.21. The shares were obtained via a broker-assisted exercise of employee stock options on the same date, which is a common way for executives to convert options into tradable stock.

The disclosure also details multiple prior sales over the last three months, including transactions of 219,515 and 317,258 shares among others, suggesting a structured selling pattern. Actual market impact depends on trading volume and demand for VTR shares, and this filing primarily provides transparency around insider liquidity activity rather than signaling any stated change in company fundamentals.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch 225 Liberty St Floor 37 New York NY 10281	41294	3262534.21	469732824	11/17/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	11/17/2025	Exercise of employee stock options	Ventas, Inc.			41294	11/17/2025	Broker assisted exercise of employee stock options

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Debra Cafaro 300 N LASALLE STREET CHICAGO IL 60654	Common Stock	09/02/2025	10322	699863.18
Debra Cafaro 300 N LASALLE STREET CHICAGO IL 60654	Common Stock	10/01/2025	10322	724985.92
Debra Cafaro 300 N LASALLE STREET CHICAGO IL 60654	Common Stock	10/20/2025	219515	15656406.48
Debra Cafaro 300 N LASALLE STREET CHICAGO IL 60654	Common Stock	10/30/2025	317258	23554765.13
Debra Cafaro 300 N LASALLE STREET CHICAGO IL 60654	Common Stock	11/03/2025	20644	1524690.62
Debra Cafaro 300 N LASALLE STREET CHICAGO IL 60654	Common Stock	11/04/2025	11452	859147.56
Debra Cafaro 300 N LASALLE STREET CHICAGO IL 60654	Common Stock	11/05/2025	19250	1449348.10
Debra Cafaro 300 N LASALLE STREET CHICAGO IL 60654	Common Stock	11/06/2025	264	19812.92

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filing for Ventas, Inc. (VTR) disclose?

The filing discloses that Debra Cafaro plans to sell up to 41,294 shares of Ventas, Inc. common stock through Merrill Lynch on the NYSE, with an aggregate market value of 3,262,534.21.

How were the 41,294 Ventas (VTR) shares in the Form 144 acquired?

The 41,294 shares of Ventas common stock were acquired on 11/17/2025 via an exercise of employee stock options in a broker-assisted transaction.

Which broker and exchange are involved in this Ventas (VTR) Form 144 sale?

The planned sale identifies Merrill Lynch, located at 225 Liberty St, New York, as the broker, and lists the NYSE as the securities exchange for the common stock.

How many Ventas (VTR) shares are outstanding according to the Form 144?

The filing states that the number of Ventas common shares outstanding is 469,732,824, providing context for the size of the planned 41,294-share sale.

What prior Ventas (VTR) stock sales by Debra Cafaro are listed in the last 3 months?

The notice lists several prior common stock sales by Debra Cafaro, including transactions of 10,322 shares on 09/02/2025, 219,515 shares on 10/20/2025, 317,258 shares on 10/30/2025, and additional smaller trades in early November 2025.

Does the Ventas (VTR) Form 144 include a representation about undisclosed adverse information?

Yes. By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about current or prospective operations of Ventas that has not been publicly disclosed.