Mark Hancock sells 236,320 PACS shares (NYSE: PACS) via Citi

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

Securities Compliance Attorney

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.

Equity Capital Markets Analyst

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

Shares reported sold (06/15/2026): 153,254 shares Proceeds (06/15/2026): $5,568,759.95 Shares reported sold (06/16/2026): 83,066 shares +4 more

7 metrics

Shares reported sold (06/15/2026) 153,254 shares disposition reported on 06/15/2026

Proceeds (06/15/2026) $5,568,759.95 gross proceeds from 153,254-share notice

Shares reported sold (06/16/2026) 83,066 shares disposition reported on 06/16/2026

Proceeds (06/16/2026) $2,982,385.05 gross proceeds from 83,066-share notice

Aggregate shares in issuer line 54,626,199 shares listed with date 03/01/2023 (acquired at formation)

Total shares in notices 236,320 shares sum of reported dispositions across two dates

Total gross proceeds $8,551,144.99 combined proceeds from both reported dispositions

Key Terms

Form 144, acquired at formation, broker-dealer, proposed disposition

4 terms

Form 144 regulatory

"Filing header and disposition notices specifying proposed sales"

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.

acquired at formation market

"Securities line: 'shares acquired at formation of the issuer'"

broker-dealer financial

"Citigroup Global Markets Inc listed as the executing broker-dealer"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

proposed disposition regulatory

"Securities Sold During The Past 3 Months section lists dates and amounts"

FAQ

What does PACS Form 144 filed by Mark Hancock mean?

It notifies regulators and a broker-dealer of proposed insider sales. The filing lists two proposed dispositions totaling 236,320 shares with gross proceeds of $8,551,144.99, reported on 06/15/2026 and 06/16/2026.

Who is the broker handling the sales in the PACS Form 144?

The broker-dealer listed is Citigroup Global Markets Inc at 388 Greenwich Street, New York. This is the intermediary identified for executing the proposed transactions on the NYSE.

How many shares did Mark Hancock report selling in the filing?

The filing shows two sales: 153,254 shares on 06/15/2026 and 83,066 shares on 06/16/2026, totaling 236,320 shares and combined proceeds of $8,551,144.99.

Were the securities acquired recently or long-held according to the Form 144?

The securities are shown as acquired at formation on 03/01/2023. The filing also includes an issuer-side line listing 54,626,199 shares with that same 03/01/2023 reference.

Does Form 144 confirm the sales were executed?

No. Form 144 reports proposed or intended dispositions; execution and settlement are not confirmed here. Completion would typically appear in subsequent trade confirmations or Form 4 filings if required.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 06/17/2026 - 05:23 PM Accepted by SEC EDGAR 06/17/2026 - 05:23 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Citigroup Global Markets Inc 388 Greenwich Street New York NY 10013	63680	2248413.44	15827237	06/17/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/01/2023	shares acquired at formation of the issuer	issuer			54626199	03/01/2023	cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Mark Hancock 262 N. University Avenue Farmington UT 84025	Common	06/15/2026	153254	5568759.95
Mark Hancock 262 N. University Avenue Farmington UT 84025	Common	06/16/2026	83066	2982385.05

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)