Form 4: Ventas Inc. Executive Peter J. Bulgarelli Sells Shares Under 10b5-1 Trading Plan

Peter J. Bulgarelli, a top executive at Ventas Inc., executed sales of common stock on July 30 and 31, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Peter J. Bulgarelli, Pres&CEO-LHS/EVP Office-Ventas at Ventas, Inc., reported the sale of VTR common stock on July 30 and July 31, 2024.
• The sales were executed under a Rule 10b5-1 trading plan established on March 11, 2024.
• On July 30, 2024, 688 shares were sold at a weighted average price of $55.0226, with individual prices ranging from $54.99 to $55.14.
• On July 31, 2024, 3,028 shares were sold at a weighted average price of $55.0899, with individual prices ranging from $54.99 to $55.19.
• Following these transactions, Bulgarelli directly owns 108,079 shares of Ventas, Inc. common stock.
• Bulgarelli has a Power of Attorney designating Carey S. Roberts, Kevin Bohl, Kenneth Hagan and Jose Torres to execute and file forms on his behalf related to Ventas, Inc. securities.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock sales under a pre-arranged trading plan, which is a common and legal practice. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific non-public information. Investors often monitor insider transactions for signals about a company's prospects, but pre-planned sales are generally viewed as less informative.

Stakeholder Impact

• The stock sales by an executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates