PACS Group officer reports 9,541-share tax withholding
PACS Group, Inc. Chief Legal Officer and Secretary John Todd Mitchell reported a Form 4 transaction involving company common stock.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,541 | $39.49 | $377K |
Footnotes (1)
- F1. Payment of tax liability through the withholding of securities upon the vesting of previously granted and reported restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.