Ventas director granted 457 deferred stock units

Ventas, Inc. director Maurice S. Smith received an award of 457.261 common stock units on April 1, 2026 under the company’s Non-Employee Directors' Cash Compensation Deferral Plan.

Rhea-AI Filing Summary

Ventas, Inc. director Maurice S. Smith received an award of 457.261 common stock units on April 1, 2026 under the company’s Non-Employee Directors' Cash Compensation Deferral Plan. The units were granted in lieu of director fees and are payable solely in common stock.

The grant was valued at $82.01 per share, representing the closing price of Ventas common stock on the grant date. Following this compensation-related acquisition, Smith directly holds a total of 28,549.613 shares of Ventas common stock.

Insider Trade Summary

Grant/Award: 457.261 shares

Grant/Award 1 txn

Insider Smith Maurice S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	457.261	$82.01	$37K

Holdings After Transaction: Common Stock — 28,549.613 shares (Direct)

Footnotes (2)

1. F1. 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.
2. F2. Represents the closing price per share of Issuer's common stock as of the grant date.

Key Figures

Stock units granted: 457.261 shares Grant valuation price: $82.01 per share Total shares after transaction: 28,549.613 shares

3 metrics

Stock units granted 457.261 shares Common stock units granted April 1, 2026

Grant valuation price $82.01 per share Closing price on grant date

Total shares after transaction 28,549.613 shares Direct holdings following award

Key Terms

Non-Employee Directors' Cash Compensation Deferral Plan, deferral election, closing price per share

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"

closing price per share financial

"Represents the closing price per share of Issuer's common stock as of the grant date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Maurice S. Smith acquire in this Ventas (VTR) Form 4?

Maurice S. Smith received 457.261 common stock units of Ventas as a compensation award. The units were granted under the Non-Employee Directors' Cash Compensation Deferral Plan in lieu of director fees and are payable solely in Ventas common stock.

Was the Ventas (VTR) Maurice S. Smith transaction an open-market stock purchase?

No, the transaction was not an open-market purchase. It was a grant of common stock units awarded in lieu of director cash fees under Ventas’ Non-Employee Directors' Cash Compensation Deferral Plan, using the stock’s closing price on the grant date for valuation.

At what price were Maurice S. Smith’s Ventas (VTR) stock units valued?

The 457.261 Ventas common stock units granted to Maurice S. Smith were valued at $82.01 per share. This amount represents the closing price per share of Ventas common stock on the April 1, 2026 grant date, as disclosed in the transaction details.

How many Ventas (VTR) shares does Maurice S. Smith own after this award?

After the award, Maurice S. Smith directly holds 28,549.613 Ventas common shares. This total includes the 457.261 common stock units granted under the Non-Employee Directors' Cash Compensation Deferral Plan, reflecting his updated direct ownership position as a company director.

What is the Ventas (VTR) Non-Employee Directors' Cash Compensation Deferral Plan?

The plan allows Ventas non-employee directors to receive director fees as stock-based units instead of cash. These units are payable solely in Ventas common stock and follow the director’s deferral election and the plan’s terms and conditions, aligning director compensation with shareholder interests.

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

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Accepted by SEC EDGAR 04/03/2026 - 04:05 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Smith Maurice S

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		457.261(1)	A	$82.01(2)	28,549.613	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. Represents the closing price per share of Issuer's common stock as of the grant date.

Remarks:

	Maurice S. Smith, By: /s/ Jessica Stricklin, Attorney-In-Fact	04/03/2026
	** Signature of Reporting Person	Date
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)