NADER MARGUERITE M 4

What Happened

• Marguerite M. Nader, a director of Ventas, Inc. (VTR), was granted 71.615 units of common stock on July 16, 2026. The grant is reported as an Award/Grant (code A) at a per-share price of $95.04, for a total reported value of about $6,806.
• This was not an open-market purchase or sale but a routine grant tied to dividend equivalents credited under Ventas’ Non‑Employee Directors' Equity Award Deferral Program.

Key Details

• Transaction date and price: 2026-07-16; closing price used $95.04 per share (footnote F2).
• Shares issued: 71.615 units/shares; total value ≈ $6,806.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 — units were granted under the Non‑Employee Directors’ Equity Award Deferral Program as dividend equivalents and are payable solely in common stock per the director’s deferral election; F2 — price reflects the closing share price on the grant date.
• Filing date: Form 4 filed 2026-07-17 for a 2026-07-16 transaction — appears to be timely.

Context

• This award reflects compensation (dividend equivalents converted to deferred-stock units) for a non-employee director, which is routine and not a directional market bet like a purchase or sale.
• For retail investors, purchases by insiders are often considered more informative of personal conviction; awards and dividends are standard compensation and should be interpreted accordingly.