Peter J. Bulgarelli - Sep 30, 2025 Form 4 Insider Report for Ventas, Inc. (VTR)

Signature
Peter J. Bulgarelli By: /s/ Jessica Stricklin, Attorney-in-Fact
Stock symbol
VTR
Transactions as of
Sep 30, 2025
Transactions value $
-$322,215
Form type
4
Date filed
10/2/2025, 05:45 PM
Previous filing
Sep 17, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bulgarelli Peter J. EVP OM&R-Ventas/Pres&CEO-LHS C/O VENTAS, INC., 300 NORTH LASALLE ST., SUITE 1600, CHICAGO Peter J. Bulgarelli By: /s/ Jessica Stricklin, Attorney-in-Fact 2025-10-02 0001736887

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTR Common Stock Sale -$143K -2.04K -1.68% $69.99 119K Sep 30, 2025 Direct F1
transaction VTR Common Stock Sale -$179K -2.55K -2.15% $70.26 116K Oct 1, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction is pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on February 20, 2025.
F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $69.9931 to $70.4706, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.