STOCK TITAN

Ventas (NYSE: VTR) credits director 71.6150 dividend units

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

EMBLER MICHAEL J reported acquisition or exercise transactions in this Form 4 filing.

Ventas director Michael J. Embler received a grant of 71.6150 common stock units on July 16, 2026, as dividend equivalents under the Non-Employee Directors' Equity Award Deferral Program adopted under the 2022 Incentive Plan. These units are payable solely in common stock and are reported at the $95.0400 closing price per share on the grant date, increasing his direct holdings to 19273.5730 shares.

Positive

  • None.

Negative

  • None.
Insider EMBLER MICHAEL J
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 71.615 $95.04 $7K
Holdings After Transaction: Common Stock — 19,273.573 shares (Direct)
Footnotes (2)
  1. F1. Common stock in the form of units granted under the Ventas, Inc. Non-Employee Directors' Equity Award Deferral Program (the "Program") adopted pursuant to the Ventas, Inc. 2022 Incentive Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on July 16, 2026. Such units are payable solely in common stock and subject to the terms and conditions of the Reporting Person's deferral election and the Program.
  2. F2. Represents the closing price per share of Issuer's common stock as of the grant date.
Stock units granted 71.6150 shares Common stock units credited on July 16, 2026 as dividend equivalents
Shares held after grant 19273.5730 shares Direct Ventas common stock holdings following the reported transaction
Closing price per share $95.0400 per share Closing price of Ventas common stock on the grant date used for reporting
Transaction date 2026-07-16 Date the common stock units were credited as dividend equivalents
Non-Employee Directors' Equity Award Deferral Program financial
"units granted under the Ventas, Inc. Non-Employee Directors' Equity Award Deferral Program"
dividend equivalents financial
"as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
2022 Incentive Plan financial
"Program) adopted pursuant to the Ventas, Inc. 2022 Incentive Plan as a result of dividend equivalents"
A 2022 incentive plan is a formal program adopted in 2022 that outlines how a company will reward employees, executives, or directors with cash, stock, or other benefits tied to performance or continued service. Investors care because these plans can change how much ownership exists (dilution), affect reported profits through compensation costs, and influence whether managers are motivated to increase long‑term value—think of it as the rules for a company’s bonus and stock‑award system.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did Ventas (VTR) report for director Michael J. Embler?

Director Michael J. Embler received 71.6150 Ventas common stock units on July 16, 2026. The award arose from dividend equivalents credited under the Non-Employee Directors' Equity Award Deferral Program and is payable solely in Ventas common stock.

How many Ventas (VTR) shares does Michael J. Embler hold after this award?

Following the grant, Michael J. Embler directly holds 19273.5730 Ventas common shares. This total includes the newly credited 71.6150 stock units that are payable solely in common stock under the director equity award deferral program.

What is the nature of the stock units granted to Ventas (VTR) director Michael J. Embler?

The 71.6150 units are common stock in the form of deferred stock units granted under Ventas' Non-Employee Directors' Equity Award Deferral Program. They result from credited dividend equivalents and are payable solely in common stock, subject to Embler’s deferral election and program terms.

At what price were Michael J. Embler’s Ventas (VTR) stock units reported?

The units are reported at $95.0400 per share, which represents the closing price of Ventas common stock on the grant date. This price is used for reporting purposes and is referenced in the footnotes to the transaction.

Was Michael J. Embler’s Ventas (VTR) transaction made under a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 trading plan checkbox for this report is not marked, and there is no footnote indicating a pre-arranged trading plan. The transaction is reported simply as a grant or award acquisition.

Is Michael J. Embler’s Ventas (VTR) transaction a market purchase or an equity award?

The filing classifies the transaction as a grant/award acquisition, not an open-market purchase. The 71.6150 units were credited as dividend equivalents under the director equity award deferral program and will be settled in Ventas common stock.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
EMBLER MICHAEL J

(Last)(First)(Middle)
C/O VENTAS, INC.
300 NORTH LASALLE ST., SUITE 1600

(Street)
CHICAGO ILLINOIS 60654

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ventas, Inc. [ VTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/16/2026A71.615(1)A$95.04(2)19,273.573D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Common stock in the form of units granted under the Ventas, Inc. Non-Employee Directors' Equity Award Deferral Program (the "Program") adopted pursuant to the Ventas, Inc. 2022 Incentive Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on July 16, 2026. Such units are payable solely in common stock and subject to the terms and conditions of the Reporting Person's deferral election and the Program.
2. Represents the closing price per share of Issuer's common stock as of the grant date.
Remarks:
Michael J. Embler, By: /s/ Jessica Stricklin, Attorney-In-Fact07/17/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)