PACS Group (NASDAQ: PACS) CEO sells shares in 3-day preset plan
Rhea-AI Filing Summary
PACS Group, Inc. (PACS) reported insider sales by Co-Founder, CEO & Chairman Murray Jason Hulse. Over August 17–19, 2026, he sold a total of 236,116 shares of common stock in open-market transactions under a Rule 10b5-1 trading plan adopted on May 18, 2026. Reported weighted-average prices ranged from about $42.81 to $44.86 per share, with detailed price breakdowns available on request to the company or the SEC staff.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 236,116 shares
Net Sell
5 txns
Insider
Murray Jason Hulse
Role
Co-Founder, CEO & Chairman
Sold
236,116 shs ($10.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F5 | 84,650 | $44.2645 | $3.75M |
| Sale | Common Stock F1, F6 | 67 | $44.8472 | $3K |
| Sale | Common Stock F1, F4 | 66,797 | $44.1807 | $2.95M |
| Sale | Common Stock F1, F2 | 9,758 | $43.3416 | $423K |
| Sale | Common Stock F1, F3 | 74,844 | $44.2704 | $3.31M |
Holdings After Transaction:
Common Stock — 54,845,416 shares (Direct)
Footnotes (6)
- F1. The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 18, 2026.
- F2. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $42.805 to $43.8025 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $43.81 to $44.51 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $43.81 to $44.67 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $43.84 to $44.80 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $44.845 to $44.86 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Total shares sold: 236,116 shares
Shares sold on 2026-08-17 (lot 1): 9,758 shares
Shares sold on 2026-08-17 (lot 2): 74,844 shares
+5 more
8 metrics
Total shares sold
236,116 shares
Aggregate insider sales of PACS common stock by Murray Jason Hulse over August 17–19, 2026
Shares sold on 2026-08-17 (lot 1)
9,758 shares
Open-market sale on August 17, 2026 at $43.3416 weighted-average price
Shares sold on 2026-08-17 (lot 2)
74,844 shares
Open-market sale on August 17, 2026 at $44.2704 weighted-average price
Shares sold on 2026-08-18
66,797 shares
Open-market sale on August 18, 2026 at $44.1807 weighted-average price
Shares sold on 2026-08-19 (lot 1)
84,650 shares
Open-market sale on August 19, 2026 at $44.2645 weighted-average price
Shares sold on 2026-08-19 (lot 2)
67 shares
Open-market sale on August 19, 2026 at $44.8472 weighted-average price
Price range 2026-08-17 (lot 1)
$42.805 to $43.8025 per share
Range of individual sale prices underlying the $43.3416 weighted-average price
Price range 2026-08-19 (lot 2)
$44.845 to $44.86 per share
Range of individual sale prices underlying the $44.8472 weighted-average price
Key Terms
Rule 10b5-1 trading plan, weighted average price, multiple transactions
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported ... was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
multiple transactions financial
"The securities were sold in multiple transactions at prices ranging from..."
FAQ
What insider transactions did PACS (PACS) disclose for Murray Jason Hulse?
PACS disclosed that Murray Jason Hulse sold 236,116 shares of common stock on August 17–19, 2026. The sales were executed in multiple open-market transactions at weighted-average prices in the low-to-mid $40s per share.
Were the recent PACS (PACS) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states the sales were made under a Rule 10b5-1 trading plan adopted on May 18, 2026. Such plans allow pre-arranged trading, which can reduce the significance of trade timing for information-based interpretations.
What price ranges were involved in the August 17, 2026 PACS (PACS) insider trades?
On August 17, 2026, weighted-average sale prices were based on trades between $42.805 and $43.8025 per share and between $43.81 and $44.51 per share. The filing notes that detailed trade-by-trade pricing data is available upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.