Form 4: Ventas Executive Sells Shares Under 10b5-1 Plan

Ventas, Inc. EVP Peter J. Bulgarelli sold 40 shares of common stock for approximately $75.70 per share under a pre-arranged trading plan.

Summary

• Peter J. Bulgarelli, EVP OM&R-Ventas/Pres&CEO-LHS of Ventas, Inc. (VTR), reported a sale of common stock.
• The transaction involved the disposition of 40 shares of Ventas, Inc. common stock.
• The shares were sold on November 7, 2025, at a weighted average price of $75.7013 per share, with prices ranging from $75.26 to $76.14.
• The sale was executed pursuant to a Rule 10b5-1 trading plan established on February 20, 2025.
• Following this transaction, Bulgarelli directly beneficially owns 111,488 shares of Ventas, Inc. common stock.

Sentiment

Score: 5

Explanation: A routine, pre-planned insider sale of a small number of shares. It's neutral as it doesn't signal strong positive or negative sentiment, being part of a scheduled plan.

Future Outlook

NA

Industry Context

This is a routine insider transaction for a Real Estate Investment Trust (REIT) executive. It does not inherently reflect broader industry trends, though insider activity can sometimes be a minor indicator of sentiment within a specific company.

Stakeholder Impact

• Minimal direct impact on shareholders due to the small number of shares sold relative to the company's total outstanding shares.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this routine insider transaction.

Key Dates

Recommendation

This Form 4 filing reports a routine, pre-planned sale of a very small number of shares by an executive under a Rule 10b5-1 plan. Such a transaction is not indicative of any fundamental change in the company's prospects or the executive's long-term view, nor is it significant enough to warrant a change in investment recommendation. Therefore, a 'hold' recommendation remains appropriate, pending further material news.

Keywords

Ventas Inc, VTR, Insider Trading, Form 4, Peter J. Bulgarelli, Stock Sale, 10b5-1 Plan, Executive Compensation, Real Estate Investment Trust, REIT