Ventas (VTR) Director Maurice S. Smith Receives Stock Award

What Happened
Maurice S. Smith, a director of Ventas, Inc. (VTR), was granted two equity units (transaction code A) on April 16, 2026 as dividend equivalents. The grants totaled 59.316 shares at $85.51 each ($5,072) and 66.742 shares at $85.51 each ($5,707), for a combined 126.058 shares with an aggregate value of approximately $10,779. These were not open-market purchases or sales but awards credited under director deferral arrangements.

Key Details

• Transaction date: April 16, 2026; filing date: April 17, 2026 (timely filing).
• Grants: 59.316 shares @ $85.51 = $5,072 (F2); 66.742 shares @ $85.51 = $5,707 (F2). Total = 126.058 shares ≈ $10,779.
• Transaction code: A (award/grant); source: dividend equivalents credited related to the April 16, 2026 dividend.
• Footnotes: F1/F3 — units granted under the Non-Employee Directors' Cash Compensation Deferral Plan and the Non-Employee Directors' Equity Award Deferral Program; units payable solely in common stock and subject to the director’s deferral election and plan terms. F2 — price reflects closing share price on grant date.
• Shares owned after transaction: Not specified in the excerpted filing.

Context
These awards represent dividend equivalents converted into stock units under Ventas’ director deferral plans and are routine compensation-related transactions, not open-market buying or selling. Such dividend-equivalent grants typically reflect plan mechanics rather than a direct insider bullish or bearish trading signal.