PACS Group (NASDAQ: PACS) CEO sells August shares under trading plan
Rhea-AI Filing Summary
PACS Group, Inc. (PACS) director and Co-Founder, CEO & Chairman Murray Jason Hulse reported open-market sales of an aggregate 150,550 shares of common stock on August 20–21, 2026, in multiple transactions at weighted average prices in the low-to-mid $40s per share, effected under a Rule 10b5-1 trading plan adopted on May 18, 2026.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 150,550 shares
Net Sell
4 txns
Insider
Murray Jason Hulse
Role
Co-Founder, CEO & Chairman
Sold
150,550 shs ($6.61M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F4 | 31,654 | $43.6063 | $1.38M |
| Sale | Common Stock F1, F5 | 27,590 | $44.2469 | $1.22M |
| Sale | Common Stock F1, F2 | 77,427 | $43.7714 | $3.39M |
| Sale | Common Stock F1, F3 | 13,879 | $44.7625 | $621K |
Holdings After Transaction:
Common Stock — 54,694,866 shares (Direct)
Footnotes (5)
- F1. The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 18, 2026.
- F2. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $43.30 to $44.29 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.
- F3. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $44.31 to $45.165 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.
- F4. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $43.05 to $44.045 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.
- F5. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $44.05 to $44.52 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.
Key Figures
Total shares sold: 150,550 shares of Common Stock
Shares sold on 2026-08-20 (block 1): 77,427 shares at $43.7714 per share
Shares sold on 2026-08-20 (block 2): 13,879 shares at $44.7625 per share
+3 more
6 metrics
Total shares sold
150,550 shares of Common Stock
Aggregate open-market sales reported for August 20–21, 2026
Shares sold on 2026-08-20 (block 1)
77,427 shares at $43.7714 per share
Non-derivative sale, weighted average price; prices ranged $43.30–$44.29
Shares sold on 2026-08-20 (block 2)
13,879 shares at $44.7625 per share
Non-derivative sale, weighted average price; prices ranged $44.31–$45.165
Shares sold on 2026-08-21 (block 1)
31,654 shares at $43.6063 per share
Non-derivative sale, weighted average price; prices ranged $43.05–$44.045
Shares sold on 2026-08-21 (block 2)
27,590 shares at $44.2469 per share
Non-derivative sale, weighted average price; prices ranged $44.05–$44.52
Rule 10b5-1 plan adoption date
May 18, 2026
Trading plan under which all reported sales were effected
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description": "Sale in open market or private transaction""
non-derivative financial
""transaction_type": "non-derivative""
FAQ
What insider activity did PACS (PACS Group, Inc.) disclose in this Form 4?
PACS reported that Murray Jason Hulse, its Co-Founder, CEO & Chairman, sold a total of 150,550 shares of common stock in open-market transactions on August 20–21, 2026, at weighted average prices in the low-to-mid $40s per share.
Were the August 2026 PACS (PACS) stock sales made under a Rule 10b5-1 plan?
Yes. The Form 4 states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Murray Jason Hulse on May 18, 2026, indicating the transactions followed a pre-established trading arrangement.
What were the price ranges for the PACS (PACS) insider sales reported?
The Form 4 notes weighted average prices, with underlying trades in ranges of $43.30–$44.29, $44.31–$45.165, $43.05–$44.045, and $44.05–$44.52 per share. Detailed breakdowns are available on request from the issuer or the SEC staff.
AI-generated analysis. How Rhea-AI works. Not financial advice.