Form 4: Ventas Inc. Director Receives Stock Grant

Director Maurice S. Smith acquired 3,648 shares of Ventas, Inc. common stock through a restricted stock unit grant.

Summary

• On May 14, 2024, Maurice S. Smith, a director of Ventas, Inc., acquired 3,648 shares of common stock.
• The acquisition was in the form of restricted stock units granted under the Ventas, Inc. 2022 Incentive Plan.
• The price per share was $47.96, representing the closing price on the grant date.
• The restricted stock units vest on the earlier of May 14, 2025, or the date of the Issuer's 2025 Annual Meeting of Stockholders.
• Following the transaction, Smith directly owns 20,252.11 shares of Ventas, Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock grant) and doesn't contain any alarming or negative information. It suggests confidence in the company's future.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the director.

Future Outlook

The director's holdings will increase upon vesting of the restricted stock units, aligning their interests with the company's long-term performance.

Industry Context

Stock grants are a common form of executive compensation in the real estate investment trust (REIT) industry, aligning management's interests with shareholder value.

Comparison to Industry Standards

• Stock grants are a typical component of compensation packages for directors in publicly traded REITs like Ventas, Inc.
• Companies such as Welltower Inc. and Healthpeak Properties, Inc. also utilize stock grants as part of their director compensation plans.
• The vesting schedules are generally consistent with industry norms, often tied to continued service or performance milestones.

Stakeholder Impact

• The stock grant aligns the director's interests with those of shareholders, potentially leading to decisions that benefit the company's long-term value.
• The vesting schedule encourages the director's continued service and commitment to the company.

Key Dates