PACS Group (PACS) grants 82,039 RSUs to Chief Legal Officer

Rhea-AI Filing Summary

MITCHELL JOHN TODD reported acquisition or exercise transactions in this Form 4 filing.

PACS Group, Inc. reported that Chief Legal Officer and Secretary John Todd Mitchell received a grant of 82,039 shares of Common Stock in the form of restricted stock units. These RSUs vest in three substantially equal annual installments starting on the first anniversary of March 24, 2026, contingent on his continued service. Following this award, he directly holds 950,189 shares of the company’s Common Stock, reflecting a significant ongoing equity stake aligned with long-term performance.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MITCHELL JOHN TODD

(Last) (First) (Middle)

C/O PACS GROUP, INC.

90 S. 400 W. SUITE 700

(Street)

SALT LAKE CITY UTAH 84101

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PACS Group, Inc. [ PACS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer & Sec.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/24/2026		A		82,039(1)	A	$0	950,189	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. The RSUs will vest in substantially equal annual installments on the first, second, and third anniversaries of March 24, 2026, subject to the Reporting Person's continued service through the applicable vesting date.

Remarks:

	/s/ John Mitchell	03/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PACS (PACS) disclose for John Todd Mitchell?

PACS Group disclosed that Chief Legal Officer and Secretary John Todd Mitchell received a grant of 82,039 restricted stock units. Each RSU represents one share of Common Stock, awarded as part of his equity compensation, with vesting tied to continued service over three years.

How many PACS Group shares does John Todd Mitchell hold after this Form 4?

After the reported grant, John Todd Mitchell directly holds 950,189 shares of PACS Group Common Stock. This figure includes the 82,039 restricted stock units reported in the filing and highlights a sizable equity position that links his compensation to the company’s long-term performance.

How do the 82,039 RSUs granted by PACS Group vest over time?

The 82,039 restricted stock units vest in substantially equal annual installments on the first, second, and third anniversaries of March 24, 2026. Vesting is conditioned on Mitchell’s continued service with PACS Group through each applicable vesting date, reinforcing retention and long-term alignment.

Did John Todd Mitchell pay a purchase price for the PACS RSU grant?

No cash purchase price is associated with this grant, as the RSUs were awarded at a reported price of $0.0000 per share. This indicates a compensation-related equity award rather than an open-market stock purchase, common for senior executive incentive programs.

What type of security was involved in PACS Group’s latest insider filing?

The transaction involved PACS Group Common Stock delivered through restricted stock units. Each RSU entitles John Todd Mitchell to receive one share of Common Stock upon vesting, subject to his continued service, making it a non-derivative, equity-based compensation grant.