PACS Group (PACS) director Mark Hancock sells 25,304 shares in 10b5-1 plan trades
Rhea-AI Filing Summary
PACS Group, Inc. director and ten-percent owner Mark Hancock reported open-market sales of common stock totaling 25,304 shares on July 8–9, 2026, at weighted average prices of about $45 per share. After these transactions, he directly holds more than 53.9 million shares of PACS Group common stock. The sales were effected pursuant to a Rule 10b5-1 trading plan and were executed in multiple trades within disclosed price ranges.
Positive
- None.
Negative
- None.
Insights
Pre-planned insider sales of a small fraction of a large stake.
Director and ten-percent owner Mark Hancock sold 25,304 PACS Group common shares in open-market trades at weighted average prices near $45 per share. These sales were executed under a Rule 10b5-1 trading plan, indicating they were pre-scheduled rather than opportunistic.
Following the trades, Hancock still directly owns about 53.9 million shares, so the dispositions represent only a very small portion of his overall position. Prices were achieved within ranges of $45.00 to $45.2861 and $45.00 to $45.255 per share across multiple transactions on July 8–9, 2026.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,966 | $45.0627 | $224K |
| Sale | Common Stock | 20,338 | $45.0689 | $917K |
Footnotes (1)
- The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2026. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $45.00 to $45.2861 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $45.00 to $45.255 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.