RAKOWICH WALTER C 4
4 · Ventas, Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Ventas (VTR) Director Walter C. Rakowich Receives RSUs, Sells Shares
What Happened Walter C. Rakowich, a director of Ventas, Inc. (VTR), was granted 2,047 restricted stock units (RSUs) on 2026-05-13 valued at $90.35 each (total $184,946). The next day (2026-05-14) he sold 1,152 shares in open-market transactions for a weighted average price of $90.20, generating proceeds of $103,915. The sale was executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Grant: 2,047 RSUs on 2026-05-13 at $90.35 per share (value reported $184,946). (Footnote: $90.35 is the closing price on the grant date.)
- Sale: 1,152 shares on 2026-05-14; weighted average price $90.20; proceeds $103,915. Reported sale prices ranged from $90.00 to $90.83. (10b5-1 plan; weighted average disclosed.)
- Vesting: RSUs vest on the earlier of one year after grant or Ventas’ 2027 Annual Meeting of Stockholders.
- Filing: Form 4 filed 2026-05-15 for transactions dated 2026-05-13 and 2026-05-14 — appears timely. Exhibit 24 (Power of Attorney) attached.
- Shares owned after the transactions: not specified in the provided filing summary.
Context
- RSUs are compensation awards that convert to shares at vesting; receiving RSUs is different from buying stock on the open market and primarily reflects compensation, not an immediate market purchase signal.
- The sale was made under a Rule 10b5-1 trading plan (established 2024-09-15), which typically schedules trades in advance and can indicate routine, pre-planned selling rather than opportunistic trading.
- No indication of option exercises, gifts, or tax-withholding share forfeitures in this filing.
Insider Transaction Report
Form 4
Ventas, Inc.VTR
RAKOWICH WALTER C
Director
Transactions
- Award
Common Stock
[F1][F2]2026-05-13$90.35/sh+2,047$184,946→ 29,501 total - Sale
Common Stock
[F3][F4]2026-05-14$90.20/sh−1,152$103,915→ 28,349 total
Footnotes (4)
- [F1]Restricted stock units granted by Issuer pursuant to the Ventas, Inc. 2022 Incentive Plan. The restricted stock units vest on the earlier of the one-year anniversary of the grant date or the date of Issuer's 2027 Annual Meeting of Stockholders.
- [F2]Represents the closing price per share of Issuer's common stock as of the grant date.
- [F3]Transaction is pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on September 15, 2024.
- [F4]The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $90.00 to $90.83, 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.
Signature
Walter C. Rakowich, By: /s/ Jessica Stricklin, Attorney-In-Fact|2026-05-15