Tax withholding share transaction by PACS Group (PACS) executive
Rhea-AI Filing Summary
PACS Group, Inc. reported an insider equity transaction by Mark Hancock, a director, co-founder, interim CFO, executive vice chair, and 10% owner. On January 15, 2026, 12,774 shares of common stock were withheld at $39.49 per share to satisfy tax liabilities arising from the vesting of previously granted and reported restricted stock units. This was recorded as a disposition under code F, which denotes tax withholding rather than an open-market sale. Following this transaction, Hancock beneficially owns 54,804,443 shares of PACS Group common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 12,774 | $39.49 | $504K |
Footnotes (1)
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FAQ
What insider transaction did PACS (PACS Group, Inc.) report in this Form 4?
The filing reports that 12,774 shares of PACS Group common stock were withheld from Mark Hancock on January 15, 2026 to cover tax liabilities related to vesting restricted stock units.
Who is the reporting person in the PACS Group (PACS) Form 4 filing?
The reporting person is Mark Hancock, who is a director, co-founder, interim CFO, executive vice chair, and a 10% owner of PACS Group, Inc.
Was the PACS Group insider transaction an open-market sale?
No. The Form 4 notes that the transaction was a payment of tax liability through withholding of shares upon vesting of restricted stock units, not an open-market sale.