Martino Roxanne M 4

What Happened

• Roxanne M. Martino, a director of Ventas, Inc. (VTR), was credited with 188.32 shares (units) on April 16, 2026. The units were recorded at $85.51 per share, for a total value of $16,103. This was an award/acquisition (code A) — units granted under the company's Non‑Employee Directors' Cash Compensation Deferral Plan, not an open‑market purchase or sale.

Key Details

• Transaction date and reporting: April 16, 2026 (Form 4 filed April 17, 2026; filing appears timely).
• Transaction type/code: A — Grant/award/other acquisition.
• Quantity and value: 188.32 units at $85.51 per unit = $16,103 (price equals closing share price on grant date; see footnote).
• Shares owned after transaction: Not disclosed in the provided summary.
• Footnotes: F1 — Units represent common stock payable under the Non‑Employee Directors' Cash Compensation Deferral Plan and arose from dividend equivalents credited with respect to the April 16, 2026 dividend; payment subject to the director’s deferral election and plan terms. F2 — $85.51 is the closing price used for valuation.

Context

• These units are part of non‑employee director compensation (deferral of cash/ dividend equivalents into stock units) and are routine for directors who elect to receive deferred stock. Such awards are different from open‑market purchases or insider sales and do not necessarily signal a change in view on the company. The grant is modest in size (~$16k).