<SEC-DOCUMENT>0001973727-25-000046.txt : 20251118
<SEC-HEADER>0001973727-25-000046.hdr.sgml : 20251118
<ACCEPTANCE-DATETIME>20251118203150
ACCESSION NUMBER:		0001973727-25-000046
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251118
DATE AS OF CHANGE:		20251118

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ventas, Inc.
		CENTRAL INDEX KEY:			0000740260
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				611055020
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-10989
		FILM NUMBER:		251496452

	BUSINESS ADDRESS:	
		STREET 1:		300 N LASALLE STREET
		STREET 2:		SUITE 1600
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60654
		BUSINESS PHONE:		3126603800

	MAIL ADDRESS:	
		STREET 1:		300 N LASALLE STREET
		STREET 2:		SUITE 1600
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60654

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VENTAS INC
		DATE OF NAME CHANGE:	19980507

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Bulgarelli Peter J.
		CENTRAL INDEX KEY:			0001736887
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		300 N. LASALLE STREET
		STREET 2:		SUITE 1600
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60654
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001736887</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000740260</issuerCik>
      <issuerName>Ventas, Inc.</issuerName>
      <secFileNumber>001-10989</secFileNumber>
      <issuerAddress>
        <com:street1>300 N LASALLE STREET</com:street1>
        <com:street2>SUITE 1600</com:street2>
        <com:city>CHICAGO</com:city>
        <com:stateOrCountry>IL</com:stateOrCountry>
        <com:zipCode>60654</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>3126603800</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Bulgarelli Peter J.</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Executive Vice President</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Northern Trust Securities, Inc.</name>
        <address>
          <com:street1>50 S LaSalle Street</com:street1>
          <com:city>Chicago</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60603</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>2771</noOfUnitsSold>
      <aggregateMarketValue>221700.51</aggregateMarketValue>
      <noOfUnitsOutstanding>469732824</noOfUnitsOutstanding>
      <approxSaleDate>11/18/2025</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>02/01/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Compensation Shares</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Ventas, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2771</amountOfSecuritiesAcquired>
      <paymentDate>02/01/2023</paymentDate>
      <natureOfPayment>NA</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Peter J. Bulgarelli</name>
        <address>
          <com:street1>C/O 300 N LASALLE STREET</com:street1>
          <com:street2>Suite 1600</com:street2>
          <com:city>Chicago</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60654</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Ventas, Inc.</securitiesClassTitle>
      <saleDate>09/15/2025</saleDate>
      <amountOfSecuritiesSold>406</amountOfSecuritiesSold>
      <grossProceeds>28418.94</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Peter J. Bulgarelli</name>
        <address>
          <com:street1>C/O 300 N LASALLE STREET</com:street1>
          <com:street2>Suite 1600</com:street2>
          <com:city>Chicago</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60654</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Ventas, Inc.</securitiesClassTitle>
      <saleDate>09/30/2025</saleDate>
      <amountOfSecuritiesSold>2040</amountOfSecuritiesSold>
      <grossProceeds>142779.60</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Peter J. Bulgarelli</name>
        <address>
          <com:street1>C/O 300 N LASALLE STREET</com:street1>
          <com:street2>Suite 1600</com:street2>
          <com:city>Chicago</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60654</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Ventas, Inc.</securitiesClassTitle>
      <saleDate>10/01/2025</saleDate>
      <amountOfSecuritiesSold>2554</amountOfSecuritiesSold>
      <grossProceeds>179435.36</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Peter J. Bulgarelli</name>
        <address>
          <com:street1>C/O 300 N LASALLE STREET</com:street1>
          <com:street2>Suite 1600</com:street2>
          <com:city>Chicago,</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60654</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Ventas, Inc.</securitiesClassTitle>
      <saleDate>11/04/2025</saleDate>
      <amountOfSecuritiesSold>3924</amountOfSecuritiesSold>
      <grossProceeds>294286.66</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Peter J. Bulgarelli</name>
        <address>
          <com:street1>C/O 300 N LASALLE STREET</com:street1>
          <com:street2>Suite 1600</com:street2>
          <com:city>Chicago</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60654</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Ventas, Inc.</securitiesClassTitle>
      <saleDate>11/05/2025</saleDate>
      <amountOfSecuritiesSold>870</amountOfSecuritiesSold>
      <grossProceeds>65493.95</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Peter J. Bulgarelli</name>
        <address>
          <com:street1>C/O 300 N LASALLE STREET</com:street1>
          <com:street2>Suite 1600</com:street2>
          <com:city>Chicago</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60654</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Ventas, Inc.</securitiesClassTitle>
      <saleDate>11/06/2025</saleDate>
      <amountOfSecuritiesSold>166</amountOfSecuritiesSold>
      <grossProceeds>12475.48</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Peter J. Bulgarelli</name>
        <address>
          <com:street1>C/O 300 N LASALLE STREET</com:street1>
          <com:street2>Suite 1600</com:street2>
          <com:city>Chicago</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60654</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Ventas, Inc.</securitiesClassTitle>
      <saleDate>11/07/2025</saleDate>
      <amountOfSecuritiesSold>40</amountOfSecuritiesSold>
      <grossProceeds>3028.05</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>11/18/2025</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>02/20/2025</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/ Peter Bulgarelli</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
