Ventas Director Maurice S. Smith Receives Award of 460.889 Shares

What Happened
Maurice S. Smith, a director of Ventas, Inc. (VTR), was granted 460.889 units of common stock on July 1, 2026, valued at $89.65 per share for a total of $41,319. The grant is recorded as an award/acquisition (Form 4 code "A") and arose from a deferral of director fees rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-07-01 at $89.65 per share (closing price on grant date).
• Shares/units granted: 460.889 units, total value $41,319 (per filing).
• Transaction type: Award/Grant (code A) under the Ventas, Inc. Non-Employee Directors' Cash Compensation Deferral Plan.
• Footnotes: Units were granted in lieu of director fees per the director's deferral election and are payable solely in common stock under the Plan (F1). Price represents the closing share price on the grant date (F2).
• Filing timeliness: Report filed 2026-07-02 for a 2026-07-01 transaction — appears timely.
• Shares owned after transaction: Not specified in the provided filing details.

Context
This was a routine director compensation deferral: units were granted instead of cash director fees and will be paid in common stock according to the Plan. Such awards are standard for non-employee directors and do not represent an open-market buy or sell; they are not by themselves a clear bullish or bearish signal about the director's view of the company.