PACS director gifts 88K shares to charity fund
PACS Group, Inc. (PACS) reported that director and ten percent owner Mark Hancock made a bona fide gift of 88,000 shares of Common Stock on 2026-08-18.
Rhea-AI Filing Summary
PACS Group, Inc. (PACS) reported that director and ten percent owner Mark Hancock made a bona fide gift of 88,000 shares of Common Stock on 2026-08-18. The shares were given to a charitable donor-advised fund. Following this gift, Hancock directly holds 53,818,884 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
88,000 shares gifted
Gift
1 txn
Insider
Hancock Mark
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 88,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 53,818,884 shares (Direct)
Footnotes (1)
- F1. Represents a bona fide gift made by the Reporting Person to a charitable donor-advised fund.
Key Figures
Shares gifted: 88,000 shares of Common Stock
Price per share for gift: $0.00 per share
Shares held after transaction: 53,818,884 shares of Common Stock
+1 more
4 metrics
Shares gifted
88,000 shares of Common Stock
Bona fide gift on 2026-08-18 by Mark Hancock
Price per share for gift
$0.00 per share
Reported transaction price for the bona fide gift
Shares held after transaction
53,818,884 shares of Common Stock
Direct holdings of Mark Hancock following the gift
Gift transaction shares in summary
88,000 shares
Total gift shares reported in transactionSummary
Key Terms
bona fide gift, donor-advised fund, ten percent owner, Code G
4 terms
bona fide gift financial
"Represents a bona fide gift made by the Reporting Person"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
donor-advised fund financial
"gift made by the Reporting Person to a charitable donor-advised fund"
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
ten percent owner financial
"name": "Hancock Mark" ... "is_ten_percent_owner": 1"
Code G financial
"transaction_code": "G" ... "transaction_code_description": "Bona fide gift""
FAQ
What insider transaction did PACS (PACS) disclose in this Form 4?
The filing reports that Mark Hancock, a director and ten percent owner of PACS Group, Inc., made a bona fide gift of 88,000 shares of Common Stock on 2026-08-18 to a charitable donor-advised fund.
What are Mark Hancock’s PACS (PACS) holdings after this gift?
After the reported gift, Mark Hancock directly holds 53,818,884 shares of PACS Group, Inc. Common Stock. This post-transaction holding is disclosed as the total shares following the transaction in the Form 4.
Was the PACS (PACS) Form 4 transaction a market sale or purchase?
No. The Form 4 shows a code G transaction, which is a bona fide gift, not a market sale or purchase. The transaction price per share is reported as $0.00, consistent with a charitable stock donation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
