PACS Form 144: Insider Marks Hancock Sells 236,320 Shares
PACS filing a Form 144 reporting proposed sales by an insider.
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Rhea-AI Filing Summary
PACS filing a Form 144 reporting proposed sales by an insider. The filing lists two sale notices by Mark Hancock totaling 236,320 shares sold on 06/15/2026 ($5,568,759.95) and 06/16/2026 ($2,982,385.05), respectively. The record shows securities originally acquired at formation on 03/01/2023 and an aggregate holding line of 54,626,199 shares as of 03/01/2023. The broker-dealer listed is Citigroup Global Markets Inc on the NYSE.
Insights
Form 144 notifies the SEC and broker-dealer of intended insider dispositions.
Form 144 is a statutory notice required when insiders propose to sell restricted or control securities; it lists the broker-dealer (Citigroup Global Markets Inc) and the proposed sale amounts. The filing shows two sale notices by Mark Hancock on 06/15/2026 and 06/16/2026.
Timing and clearance depend on broker confirmation and Rule 144 eligibility; subsequent Form 4 or trade confirmations will show completion. Future filings may clarify whether sales were executed and whether any volume limitations applied.
Insider sales totaling 236,320 shares reported; cash proceeds are disclosed.
The two reported dispositions total $8,551,144.99 in gross proceeds across 236,320 shares on consecutive dates. The securities were noted as "acquired at formation" on 03/01/2023, and an issuer-side line shows 54,626,199 shares associated with that date.
These notices are routine disclosure of planned sales; whether they affect supply or trading dynamics depends on actual execution details and remaining insider ownership reported in subsequent filings.
Key Figures
Key Terms
Form 144 regulatory
acquired at formation market
broker-dealer financial
proposed disposition regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does PACS Form 144 filed by Mark Hancock mean?
Who is the broker handling the sales in the PACS Form 144?
Were the securities acquired recently or long-held according to the Form 144?
Does Form 144 confirm the sales were executed?
AI-generated analysis. How Rhea-AI works. Not financial advice.