PACS Group (PACS) executive Mark Hancock gifts 300,000 shares to charity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACS Group, Inc. director and executive officer Mark Hancock reported a bona fide gift transfer of 300,000 shares of common stock on March 5, 2026. The shares were gifted to a charitable donor-advised fund and carried a reported price of $0.00 per share. After this disposition, Hancock directly owned 54,504,443 shares of PACS Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
300,000 shares gifted
Mixed
1 txn
Insider
Hancock Mark
Role
Co Fndr; Int CFO; Exec V Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 300,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,504,443 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PACS (PACS) report for Mark Hancock?
PACS reported that Mark Hancock made a bona fide gift of 300,000 shares of common stock. The transaction was coded as a gift transfer, not a sale, and carried a reported price of $0.00 per share.
Who is Mark Hancock in relation to PACS (PACS)?
Mark Hancock is a director, co-founder, interim chief financial officer, and executive vice chair of PACS Group, Inc. He is also listed as a ten percent owner, indicating a significant direct ownership stake in the company’s common stock.
Was the PACS (PACS) insider gift a sale for cash?
No. The transaction was reported as a bona fide gift with a price of $0.00 per share. It was a disposition of shares to a charitable donor-advised fund, not an open-market or negotiated sale for cash consideration.