PACS director granted 4,660 RSUs

PACS Group, Inc. director Patrick Hugh Conway received a grant of 4,660 restricted stock units (RSUs) of Common Stock.

Accepted by SEC EDGAR 06/12/2026 - 04:00 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

PACS Group, Inc. director Patrick Hugh Conway received a grant of 4,660 restricted stock units (RSUs) of Common Stock. These RSUs convert into one share each upon vesting, giving him 8,157 shares in total after the award. All RSUs vest 100% on the earlier of June 10, 2027 or the next annual meeting following the grant date, as long as he continues serving the company.

Insider Trade Summary

Grant/Award: 4,660 shares

Grant/Award 1 txn

Insider Conway Patrick Hugh

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,660	$0.00	$0.00

Holdings After Transaction: Common Stock — 8,157 shares (Direct)

Holdings Before and After: Common Stock, 3,497 to 8,157 shares (Direct)

Footnotes (1)

1. F1. 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. 100% of the RSUs will vest on the earlier to occur of (i) June 10, 2027 and (ii) the date of the next annual meeting following the grant date, subject to the Reporting Person's continued service to the Issuer.

Key Figures

RSUs granted: 4,660 shares Total shares after grant: 8,157 shares Grant price: $0.0000 per share +2 more

5 metrics

RSUs granted 4,660 shares Equity award on June 10, 2026

Total shares after grant 8,157 shares Director holdings following transaction

Grant price $0.0000 per share Compensation award, not open-market purchase

Vesting date June 10, 2027 Earlier of this date or next annual meeting

Transaction code A Grant, award, or other acquisition

Key Terms

restricted stock units ("RSUs"), vesting, annual meeting, continued service

4 terms

restricted stock units ("RSUs") financial

"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."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

vesting financial

"one (1) share of Common Stock for each RSU upon vesting."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

annual meeting financial

"100% of the RSUs will vest on the earlier to occur of (i) June 10, 2027 and (ii) the date of the next annual meeting following the grant date"

A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.

continued service financial

"subject to the Reporting Person's continued service to the Issuer."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PACS (PACS) report for Patrick Hugh Conway?

PACS Group reported that director Patrick Hugh Conway received 4,660 restricted stock units as an equity award. Each RSU represents one share of Common Stock, increasing his total holdings to 8,157 shares following this grant.

Are the PACS (PACS) shares granted to Patrick Hugh Conway an open-market purchase?

No, the 4,660 PACS shares were granted as restricted stock units, not bought in the open market. The Form 4 classifies the transaction under code A, indicating a grant, award, or other acquisition from the company.

When do Patrick Hugh Conway’s RSUs in PACS (PACS) vest?

All 4,660 RSUs vest 100% on the earlier of June 10, 2027 or the date of the next annual meeting after the grant. Vesting is conditioned on Conway’s continued service to PACS Group, Inc.

How many PACS (PACS) shares does Patrick Hugh Conway hold after this Form 4 transaction?

After the RSU grant, Patrick Hugh Conway is reported to hold 8,157 shares of PACS Common Stock directly. This total includes the newly granted 4,660 restricted stock units that will convert into shares upon vesting.

What does transaction code A mean in the PACS (PACS) Form 4?

Transaction code A on the PACS Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects 4,660 restricted stock units awarded to director Patrick Hugh Conway as part of his equity compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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
Estimated average burden
hours per response:			0.5

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^*

Conway Patrick Hugh

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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	06/10/2026		A		4,660(1)	A	$0	8,157	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. 100% of the RSUs will vest on the earlier to occur of (i) June 10, 2027 and (ii) the date of the next annual meeting following the grant date, subject to the Reporting Person's continued service to the Issuer.

Remarks:

	/s/ John Mitchell, Attorney-in-Fact	06/12/2026
	** 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)