PACS Group (NASDAQ: PACS) awards 25,000 RSUs to HR chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACS Group, Inc. reported that Chief Human Resources Officer Trent Dean Bingham received a grant of 25,000 shares of Common Stock in the form of restricted stock units. Each RSU converts into one share upon vesting, in substantially equal annual installments on the first, second, and third anniversaries of November 10, 2025, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bingham Trent Dean
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PACS (PACS) report for Trent Dean Bingham?
PACS disclosed that Chief Human Resources Officer Trent Dean Bingham received a grant of 25,000 restricted stock units. Each RSU represents one share of Common Stock, awarded as part of his compensation package under a time-based vesting schedule.
What is the vesting schedule for the PACS (PACS) 25,000 RSU award?
The 25,000 RSUs vest in substantially equal annual installments on the first, second, and third anniversaries of November 10, 2025. Vesting depends on Trent Dean Bingham’s continued service with PACS Group through each applicable vesting date.
Does the PACS (PACS) RSU grant to Trent Dean Bingham require a purchase price?
The reported RSU grant shows a transaction price of $0.0000 per share, indicating no cash purchase by the executive. Instead, the award is part of his equity compensation, subject to time-based vesting conditions over three years.
How does the RSU grant affect Trent Dean Bingham’s PACS (PACS) holdings?
Following the reported transaction, Trent Dean Bingham holds 25,000 shares subject to the RSU grant. These represent potential future ownership, becoming actual shares of Common Stock only as the restricted stock units vest over time.