Mark Hancock sells 500,000 PACS shares (PACS) for $18.9M in June 2026

Rhea-AI Filing Summary

PACS affiliate Mark Hancock reported sales totaling 500,000 shares of Common Stock in multiple transactions during June 2026. The filing lists five dispositions dated 06/15/2026 through 06/26/2026 with aggregate proceeds of $18,875,341.54.

The record shows these shares were part of the holdings tied to formation (listed as 54,626,199 shares acquired at formation) but that figure is presented as an issuer/balance item. The schedule is a regulatory notice of proposed or recent sales by an affiliate; the filing does not state any intended use of proceeds or whether transactions were pursuant to a trading plan.

Insights

Securities Attorney

Form 144 documents affiliate dispositions totaling 500,000 shares and cumulative proceeds of $18.875M.

The filing lists five transactions by Mark Hancock from 06/15/2026 to 06/26/2026, showing per-trade share counts and gross proceeds. Form 144 is a notice required when certain affiliate sales exceed thresholds; it does not itself effectuate transfer.

Timing, whether sales were market trades or block transactions, and any Rule 10b5-1 plan are not stated in the excerpt. Subsequent SEC or broker records would show settlement details and transfer mechanics.

Equity Capital Markets Analyst

Five June 2026 dispositions by an affiliate produced roughly $18.9M in proceeds.

The reported transactions total 500,000 shares sold across specific dates with per-trade proceeds listed. These are disclosed here as past sales (dispositions within the past three months) rather than an offering registration.

Market impact depends on trade execution and timing; the excerpt does not provide sale method or any retention/remaining holdings after the trades, so trading pressure and residual ownership are not determinable from this text alone.

Key Figures

Shares sold (sum): 500,000 shares Aggregate proceeds: $18,875,341.54 Largest single trade: 153,254 shares +2 more

5 metrics

Shares sold (sum) 500,000 shares Aggregate of five June 2026 dispositions

Aggregate proceeds $18,875,341.54 Gross proceeds from the five trades listed in June 2026

Largest single trade 153,254 shares Trade dated <date>06/15/2026</date>

Other trade examples 138,069 and 83,066 shares Trades dated <date>06/25/2026</date> and <date>06/16/2026</date>

Shares acquired at formation (context) 54,626,199 shares Listed as acquired at formation on <date>03/01/2023</date>

Key Terms

Form 144, shares acquired at formation, Securities Sold During The Past 3 Months

3 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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.

shares acquired at formation other

"Common | 03/01/2023 | shares acquired at formation of the issuer"

Securities Sold During The Past 3 Months regulatory

"144: Securities Sold During The Past 3 Months | Mark Hancock ..."

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Available on EDGAR 07/01/2026 - 05:29 PM Accepted by SEC EDGAR 07/01/2026 - 05:29 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	6080	273716.13	15827237	07/01/2026	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
Mark Hancock 262 N. University Avenue Farmington UT 84025	Common	06/25/2026	138069	5567701.46
Mark Hancock 262 N. University Avenue Farmington UT 84025	Common	06/17/2026	63680	2248413.44
Mark Hancock 262 N. University Avenue Farmington UT 84025	Common	06/26/2026	61931	2508081.64

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)

FAQ

What transactions does PACS' Form 144 report?

The filing reports five sales by Mark Hancock totaling 500,000 shares on dates between 06/15/2026 and 06/26/2026. The combined gross proceeds are listed as $18,875,341.54 across those trades.

Who is the reporting person in PACS' Form 144?

The reporting person named is Mark Hancock with an address at 262 N. University Avenue, Farmington UT. The excerpt lists his five June 2026 dispositions and per-trade proceeds tied to those sales.

Does the Form 144 state why PACS shares were sold?

No; the excerpt does not state a reason for the sales. It lists share counts, trade dates, and gross proceeds, but provides no statement about purpose, trading plan, or use of proceeds.

Are outstanding or issued balances shown in the filing?

The filing includes an item labeled 54,626,199 shares acquired at formation dated 03/01/2023, presented as an issuer/balance line. This is a balance-line item and not described as the amount being sold in these transactions.