Ventas (VTR) Director Joe Vasquez Jr. Receives Award of 41.221 Shares

What Happened
Joe Vasquez Jr., a director of Ventas, Inc. (VTR), received a grant/award of 41.221 shares on April 16, 2026. The shares were credited as dividend-equivalent units under the Ventas Non-Employee Directors' Equity Award Deferral Program and are valued at $85.51 per share (total reported value $3,525). This is an award (code A) rather than a purchase or sale and is typically a routine compensation-related credit for non-employee directors.

Key Details

• Transaction date and price: April 16, 2026; 41.221 shares at $85.51 per share (closing price) — total $3,525.
• Shares owned after transaction: Not specified in this filing.
• Source/footnotes: Award represents common stock units from the Non-Employee Directors' Equity Award Deferral Program credited for dividend equivalents (units payable solely in common stock per the director's deferral election). Price cited is the closing price on the grant date.
• Filing timeliness: Report filed April 17, 2026 for the April 16 transaction (filed the next day), indicating a timely Form 4 filing.

Context
Dividend-equivalent unit awards are a form of director compensation and do not represent an intentional market purchase or sale. These routine credits convert dividend equivalents into stock units that will be paid in common stock per the program and the director's deferral election. The reported value is modest (~$3.5k), so this filing is primarily of routine compensation interest rather than a strong insider trading signal.