[Form 4] Ventas, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Ventas, Inc. (VTR) reported insider stock sales by Executive Vice President (EVP OM&R-Ventas/Pres&CEO-LHS) Peter J. Bulgarelli. The transactions were open‑market sales coded “S” and executed under a Rule 10b5‑1 trading plan entered on February 20, 2025.

He sold 3,924 shares on 11/04/2025 at a weighted average price of $74.9966 (range $74.99–$75.11), 870 shares on 11/05/2025 at $75.2804 (range $74.99–$75.5623), and 166 shares on 11/06/2025 at $75.1535 (range $75.01–$75.39). Following these transactions, he beneficially owns 111,528 shares, held directly.

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).

X

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^*

Bulgarelli Peter J.

(Last) (First) (Middle)

C/O VENTAS, INC.

300 NORTH LASALLE ST., SUITE 1600

(Street)

CHICAGO IL 60654

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ventas, Inc. [ VTR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP OM&R-Ventas/Pres&CEO-LHS

3. Date of Earliest Transaction (Month/Day/Year)
11/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	11/04/2025		S		3,924(1)	D	$74.9966(2)	112,564	D
Common Stock	11/05/2025		S		870(1)	D	$75.2804(3)	111,694	D
Common Stock	11/06/2025		S		166(1)	D	$75.1535(4)	111,528	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. Transaction is pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on February 20, 2025.

2. The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $74.99 to $75.11, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $74.99 to $75.5623, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $75.01 to $75.39, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	Peter J. Bulgarelli By: /s/ Jessica Stricklin, Attorney-in-Fact	11/06/2025
	** 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.

FAQ

What did Ventas (VTR) disclose in this Form 4?

An officer reported open‑market sales of common stock on 11/04/2025, 11/05/2025, and 11/06/2025.

How many Ventas (VTR) shares did the officer sell and at what prices?

He sold 3,924 shares at $74.9966 (range $74.99–$75.11), 870 at $75.2804 (range $74.99–$75.5623), and 166 at $75.1535 (range $75.01–$75.39).

Does the filing mention a 10b5-1 trading plan for VTR?

Yes. The sales were made pursuant to a Rule 10b5‑1 trading plan entered on February 20, 2025.

How many Ventas (VTR) shares does the officer own after the sales?

He beneficially owns 111,528 shares directly after the reported transactions.

What is the reporting person’s role at Ventas (VTR)?

He is an Officer: EVP OM&R‑Ventas/Pres&CEO‑LHS.

Were any derivative securities reported in this Form 4?

No derivative transactions were listed in the provided table.