Form 4: Ventas Director Matthew Lustig Acquires Additional Shares Through Dividend Equivalent Programs
SEC Form 4 Filing
Director Matthew J. Lustig increased his holdings in Ventas, Inc. through dividend equivalents credited under the company's deferral plans.
Summary
- On October 17, 2024, Matthew J. Lustig, a director of Ventas, Inc., acquired additional shares of common stock through dividend equivalents.
- 236.212 shares were acquired under the Ventas Non-Employee Directors' Cash Compensation Deferral Plan at a price of $64.35 per share.
- 53.864 shares were acquired under the Ventas Non-Employee Directors' Equity Award Deferral Program at a price of $64.35 per share.
- Following these transactions, Lustig's direct ownership increased to 85,366.921 shares.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, indicating stability and alignment of interests. It's a neutral event with a slightly positive undertone due to increased director ownership.
Industry Context
Directors commonly receive equity as part of their compensation, and dividend equivalent programs are a standard method for reinvesting dividends to increase their holdings.
Stakeholder Impact
- The increased ownership by a director may be viewed positively by shareholders, as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/17/2024 | Date of transaction: Acquisition of shares through dividend equivalents. |
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