Dividend equivalents boost Ventas (VTR) director Maurice Smith’s stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ventas, Inc. director Maurice S. Smith reported acquiring small amounts of common stock units through compensation deferral programs. On April 16, 2026, he received 59.316 and 66.742 common stock units, both tied to dividend equivalents under non-employee director deferral arrangements and valued at the closing price of $85.51 per share on the grant date.
These units are payable solely in common stock under the terms of the company’s cash and equity award deferral programs. Following these awards, Smith directly holds a total of 28,675.671 shares of Ventas common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith Maurice S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 59.316 | $85.51 | $5K |
| Grant/Award | Common Stock | 66.742 | $85.51 | $6K |
Holdings After Transaction:
Common Stock — 28,608.929 shares (Direct)
Footnotes (1)
- Common stock in the form of units granted under the Ventas, Inc. Non-Employee Directors' Cash Compensation Deferral Plan (the "Plan") as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on April 16, 2026. Such units are payable solely in common stock and subject to the terms and conditions of the Reporting Person's deferral election and the Plan. Represents the closing price per share of Issuer's common stock as of the grant date. Common stock in the form of units granted under the Ventas, Inc. Non-Employee Directors' Equity Award Deferral Program (the "Program") adopted pursuant to the Ventas, Inc. 2022 Incentive Plan as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock paid on April 16, 2026. Such units are payable solely in common stock and subject to the terms and conditions of the Reporting Person's deferral election and the Program.
Key Figures
Dividend-equivalent stock units (cash plan): 59.316 shares
Dividend-equivalent stock units (equity program): 66.742 shares
Grant valuation price: $85.51 per share
+2 more
5 metrics
Dividend-equivalent stock units (cash plan)
59.316 shares
Granted April 16, 2026 under Cash Compensation Deferral Plan
Dividend-equivalent stock units (equity program)
66.742 shares
Granted April 16, 2026 under Equity Award Deferral Program
Grant valuation price
$85.51 per share
Closing price of Ventas common stock on April 16, 2026
Shares held after transactions
28,675.671 shares
Direct Ventas common stock holdings after April 16, 2026 awards
Number of acquire-type transactions
2 transactions
Both coded as A (grant/award acquisition) on April 16, 2026
Key Terms
Non-Employee Directors' Cash Compensation Deferral Plan, dividend equivalents, Non-Employee Directors' Equity Award Deferral Program, 2022 Incentive Plan
4 terms
Non-Employee Directors' Cash Compensation Deferral Plan financial
"Common stock in the form of units granted under the Ventas, Inc. Non-Employee Directors' Cash Compensation Deferral Plan"
dividend equivalents financial
"as a result of dividend equivalents credited with respect to the dividend on Issuer's common stock"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Non-Employee Directors' Equity Award Deferral Program financial
"Common stock in the form of units granted under the Ventas, Inc. Non-Employee Directors' Equity Award Deferral Program"
2022 Incentive Plan financial
"Non-Employee Directors' Equity Award Deferral Program adopted pursuant to the Ventas, Inc. 2022 Incentive Plan"
A 2022 incentive plan is a formal program adopted in 2022 that outlines how a company will reward employees, executives, or directors with cash, stock, or other benefits tied to performance or continued service. Investors care because these plans can change how much ownership exists (dilution), affect reported profits through compensation costs, and influence whether managers are motivated to increase long‑term value—think of it as the rules for a company’s bonus and stock‑award system.
FAQ
What insider activity did Ventas (VTR) director Maurice S. Smith report?
Maurice S. Smith reported acquiring additional Ventas common stock units as compensation. Two small awards, credited as dividend equivalents under director deferral programs, increased his direct holdings and are payable solely in common stock according to the plans’ terms and his deferral elections.
What was the reference price for the Ventas (VTR) stock units granted?
The stock units were valued at $85.51 per share, representing the closing price of Ventas common stock on April 16, 2026. This price is used for the grant calculation of units credited as dividend equivalents under the director deferral programs.
What are the Ventas (VTR) director deferral plans mentioned in the Form 4?
The filing references the Ventas Non-Employee Directors' Cash Compensation Deferral Plan and the Non-Employee Directors' Equity Award Deferral Program. Both credit dividend-equivalent stock units that are payable solely in common stock, subject to each director’s deferral election and plan terms.