Ventas (NYSE: VTR) director receives 460-share stock award in lieu of fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Maurice S reported acquisition or exercise transactions in this Form 4 filing.
Ventas, Inc. director Maurice S. Smith received an award of 460.889 shares of common stock, valued at $89.65 per share, as part of his director compensation. The award was granted in the form of units under the company’s Non-Employee Directors' Cash Compensation Deferral Plan in lieu of cash fees and is payable solely in common stock. After this grant, he directly holds a total of 31,183.56 shares of Ventas common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Maurice S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 460.889 | $89.65 | $41K |
Holdings After Transaction:
Common Stock — 31,183.56 shares (Direct, null)
Footnotes (1)
- Common stock in the form of units granted under the Ventas, Inc. Non-Employee Directors' Cash Compensation Deferral Plan (the "Plan") in lieu of director fees pursuant to the director's deferral election. Such units are payable solely in common stock and subject to the terms and conditions of the director's deferral election and the Plan. Represents the closing price per share of Issuer's common stock as of the grant date.
Key Figures
Director stock award: 460.889 shares
Award valuation price: $89.65 per share
Post-transaction holdings: 31,183.56 shares
+1 more
4 metrics
Director stock award
460.889 shares
Common stock units granted in lieu of director fees
Award valuation price
$89.65 per share
Closing price of common stock on grant date
Post-transaction holdings
31,183.56 shares
Total common stock directly held after award
Acquire transactions in filing
1 transaction, 460.889 shares
Grant, award, or other acquisition
Key Terms
Non-Employee Directors' Cash Compensation Deferral Plan, deferral election, grant, award, or other acquisition
3 terms
Non-Employee Directors' Cash Compensation Deferral Plan financial
"Common stock in the form of units granted under the Ventas, Inc. Non-Employee Directors' Cash Compensation Deferral Plan"
deferral election financial
"in lieu of director fees pursuant to the director's deferral election"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Maurice S. Smith acquire in this Ventas (VTR) Form 4 filing?
Maurice S. Smith received 460.889 shares of Ventas common stock as a director award. The shares were granted in lieu of cash fees under a deferral plan and are payable solely in stock, reflecting routine non-employee director compensation.
At what price was the Ventas (VTR) director stock award valued?
The director stock award was valued at $89.65 per share, the closing price of Ventas common stock on the grant date. This price is used only for valuation of the award and does not indicate an open-market purchase or sale.
Was the Ventas (VTR) Form 4 transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. It reflects a grant or award of 460.889 shares in lieu of director fees under a deferral plan, categorized as an acquisition rather than a discretionary market trade.
What plan governed the Ventas (VTR) director’s stock award in this Form 4?
The award was granted under the Ventas, Inc. Non-Employee Directors' Cash Compensation Deferral Plan. Under this plan, the director elected to defer cash fees into units payable solely in common stock, subject to the plan’s terms and his deferral election.