PACS COO has 197K shares withheld for taxes
PACS Group, Inc. President & COO Joshua Jergensen reported a tax-withholding disposition related to equity compensation.
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Rhea-AI Filing Summary
PACS Group, Inc. President & COO Joshua Jergensen reported a tax-withholding disposition related to equity compensation. On the vesting of previously granted restricted stock units, 197,525 shares of common stock were withheld at $33.14 per share to cover tax liabilities. After this non-market transaction, Jergensen directly holds 2,616,320 shares of PACS Group common stock, indicating this was a routine compensation-related tax event rather than an open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 197,525 | $33.14 | $6.55M |
Footnotes (1)
- F1. Payment of tax liability through the withholding of securities upon the vesting of previously granted and reported restricted stock units.
Key Figures
Key Terms
restricted stock units financial
tax liability financial
withholding of securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PACS President & COO Joshua Jergensen report?
What does transaction code "F" mean in the PACS Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.