PACS Group (PACS) CLO reports 9,541 shares withheld for RSU taxes
Rhea-AI Filing Summary
PACS Group, Inc. Chief Legal Officer and Secretary John Todd Mitchell reported a Form 4 transaction involving company common stock. On 01/15/2026, 9,541 shares of PACS Group common stock were withheld at a price of $39.49 per share. According to the footnote, this was a payment of tax liability through the withholding of shares upon the vesting of previously granted and reported restricted stock units, rather than an open-market sale. Following this tax withholding, Mitchell directly beneficially owned 868,150 shares of PACS Group common stock.
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FAQ
What insider transaction did PACS (PACS) disclose for John Todd Mitchell?
PACS Group, Inc. disclosed that Chief Legal Officer & Secretary John Todd Mitchell had 9,541 common shares withheld on 01/15/2026 to cover tax liabilities on vested restricted stock units.
Was the PACS (PACS) Form 4 transaction an open-market sale?
No. The footnote states the transaction was a payment of tax liability through the withholding of securities upon vesting of previously granted restricted stock units, not a discretionary open-market sale.
At what price were the PACS Group shares withheld for taxes?
The shares were withheld at a price of $39.49 per share in connection with the tax withholding related to vested restricted stock units.
How many PACS Group shares does John Todd Mitchell own after this transaction?
After the reported tax-withholding transaction, John Todd Mitchell beneficially owned 868,150 shares of PACS Group, Inc. common stock directly.
What role does John Todd Mitchell hold at PACS Group, Inc.?
John Todd Mitchell is an officer of PACS Group, Inc., serving as Chief Legal Officer & Secretary, as indicated in the filing.
Does the PACS insider transaction involve any derivative securities or options?
The Form 4 table for derivative securities shows no entries; the reported activity relates only to non-derivative common stock withheld for tax purposes on vested restricted stock units.