Ventas (VTR) Director Matthew Lustig Receives RSU Award

What Happened Matthew J. Lustig, a director of Ventas, Inc. (VTR), was granted 2,047 restricted stock units (RSUs) on 2026-05-13. The grant is reported at a per-share closing price of $90.35, giving a notional value of approximately $184,946. This is an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-13; Form 4 filed: 2026-05-15 (filed within two business days).
• Grant size and price: 2,047 RSUs; closing price used $90.35; aggregate value ≈ $184,946 (per filing footnote).
• Plan and vesting: RSUs granted under the Ventas, Inc. 2022 Incentive Plan. They vest on the earlier of the one-year anniversary of the grant or the Issuer's 2027 Annual Meeting of Stockholders (footnote).
• Shares owned after transaction: not specified in the provided filing details.
• Transaction code: A = Award/Grant. No 10b5-1, tax-withholding or late-filing notes indicated in the filing.

Context RSU grants to directors are common compensation and reflect equity-based pay rather than a personal cash purchase or sale. Because these are restricted units that vest over time, they do not represent immediately tradable shares until vesting and any applicable settlement requirements are met.