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

What Happened

Maurice S. Smith, 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 value of $90.35, for a total reported value of $184,946. This transaction is an award (grant) as part of compensation, not an open‑market purchase or sale.

Key Details

• Transaction type/code: Award/Grant (A) of RSUs
• Grant date and filing: Transaction on 2026-05-13; Form 4 filed 2026-05-15 (filed timely)
• Price basis/value: $90.35 per share (closing price on grant date); total $184,946
• Vesting: RSUs vest on the earlier of the one‑year anniversary of the grant or the date of Ventas' 2027 Annual Meeting of Stockholders (per filing)
• Shares owned after transaction: Not specified in the provided filing details
• Footnotes: RSUs granted under the Ventas, Inc. 2022 Incentive Plan; value per share equals the closing price on the grant date

Context

RSUs are compensation awards that convert to common shares upon vesting; they do not represent an immediate purchase or sale by the insider. Such grants are routine for directors and executives and should be viewed as part of regular compensation rather than a direct bullish or bearish signal about the stock. The filing appears timely (reported within the normal Form 4 reporting window).