STOCK TITAN

Mark Hancock sells large PACS blocks (PACS) — trades via Citigroup

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Mark Hancock reported multiple sales of Common stock of PACS via Form 144, listing specific transactions between 06/15/2026 and 07/08/2026. The filing lists individual trades with share counts and gross proceeds, including notable sales of 153,254 shares for $5,568,759.95 and 142,163 shares for $6,444,860.09.

The notice names Citigroup Global Markets Inc. as the broker and records multiple cash sales on discrete dates. The filing is a resale disclosure of transactions by a single holder; cash‑flow treatment and any post‑transaction holdings are not stated in the provided excerpt.

Positive

  • None.

Negative

  • None.

Insights

Multiple open‑market dispositions by a single holder across June–July 2026.

The excerpt lists discrete sales by Mark Hancock executed through Citigroup Global Markets Inc., with per‑trade shares and gross proceeds recorded on specific dates such as 06/15/2026 and 07/06/2026. The filing functions as a resale notice and records cash sales.

Materiality depends on post‑transaction holdings and percentage of outstanding shares, which the excerpt does not state. Subsequent filings may disclose remaining beneficial ownership or confirm whether the sales were under a trading plan.

Sale example 1 153,254 shares <date>06/15/2026</date>
Gross proceeds example 1 $5,568,759.95 proceeds for 153,254 shares on <date>06/15/2026</date>
Sale example 2 142,163 shares <date>07/06/2026</date>
Gross proceeds example 2 $6,444,860.09 proceeds for 142,163 shares on <date>07/06/2026</date>
Additional listed sales 20338; 138,069; 83,066 shares selected trade sizes on <date>07/08/2026</date>, <date>06/25/2026</date>, <date>06/16/2026</date>
Shares acquired at formation 54,626,199 shares acquired at formation on <date>03/01/2023</date>
Form 144 regulatory
"Multiple sales listed with dates and proceeds (e.g., 06/15/2026 153,254 5,568,759.95)"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
resale financial
"Securities To Be Sold entry lists "shares acquired at formation of the issuer""
Resale is the act of selling an item, asset, or security by someone who previously bought it rather than by the original maker or issuer. It matters to investors because resale activity affects how easily an investment can be sold, the price buyers are willing to pay, and the potential profit or loss — like selling a used car: condition, demand and market rules determine what you can get for it.
gross proceeds financial
"Per‑trade dollar amounts shown next to share counts (e.g., 5568759.95)"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
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FAQ

What sales did Mark Hancock report in the PACS Form 144?

Mark Hancock reported multiple sales of Common stock between 06/15/2026 and 07/08/2026. The filing lists trades such as 153,254 shares for $5,568,759.95 and 142,163 shares for $6,444,860.09.

Which broker handled the reported PACS transactions?

The filing identifies Citigroup Global Markets Inc. as the broker for the listed transactions. The broker address is shown as 388 Greenwich Street, New York, NY, and trades are recorded with cash proceeds in the excerpt.

Are aggregate proceeds or total shares sold disclosed in the excerpt?

The excerpt lists per‑trade share counts and gross proceeds but does not present an aggregate total. Individual entries show shares and proceeds for each date, for example 12825 shares for $577,290.44 on 07/02/2026.

Does the Form 144 show the purpose or purchaser for these PACS sales?

The filing records the sales as cash transactions, but the excerpt does not identify purchasers or state a specific purpose. It lists execution dates, share counts, and gross proceeds only.

Was any share acquisition or issuer‑origin information included?

The excerpt includes a line noting shares "acquired at formation of the issuer" dated 03/01/2023 with a figure of 54,626,199 shares. That item is presented as historical acquisition information in the excerpt.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature