PACS Group CFO receives 48,426 RSUs

HENDRICKSON CAREY P reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

HENDRICKSON CAREY P reported acquisition or exercise transactions in this Form 4 filing.

PACS Group, Inc. reported that Chief Financial Officer Carey P. Hendrickson received a grant of 48,426 restricted stock units (RSUs) of Common Stock. The RSUs were awarded at no cash cost and will vest in three substantially equal annual installments on the first, second, and third anniversaries of May 14, 2026, subject to his continued service. Following this grant, he directly holds 48,426 RSUs representing an equivalent number of Common Stock shares upon vesting.

Insider Trade Summary

Grant/Award: 48,426 shares

Grant/Award 1 txn

Insider HENDRICKSON CAREY P

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	48,426	$0.00	$0.00

Holdings After Transaction: Common Stock — 48,426 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. The RSUs will vest in substantially equal annual installments on the first, second, and third anniversaries of May 14, 2026, subject to the Reporting Person's continued service through the applicable vesting date.

Key Figures

RSU grant size: 48,426 RSUs Grant price per unit: $0.00 per RSU Holdings after grant: 48,426 RSUs +1 more

4 metrics

RSU grant size 48,426 RSUs Restricted stock units granted to CFO on May 14, 2026

Grant price per unit $0.00 per RSU Reported transaction price per unit for the RSU award

Holdings after grant 48,426 RSUs Total direct RSU holdings following the reported transaction

Vesting schedule 3 annual installments Vests on first, second, third anniversaries of May 14, 2026

Key Terms

restricted stock units ("RSUs"), vesting, Common Stock, continued service

4 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

vesting financial

"receive one (1) share of Common Stock for each RSU upon vesting"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Common Stock financial

"one (1) share of Common Stock for each RSU upon vesting"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

continued service financial

"subject to the Reporting Person's continued service through the applicable vesting date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PACS (PACS) report for its CFO?

PACS Group reported that CFO Carey P. Hendrickson received 48,426 restricted stock units of Common Stock. These RSUs were granted at no cash cost and represent a compensation award rather than an open-market purchase or sale of shares.

How many RSUs did PACS CFO Carey Hendrickson receive in this Form 4?

Carey Hendrickson was awarded 48,426 restricted stock units of PACS Group Common Stock. Each RSU entitles him to one share upon vesting, making the total grant equivalent to 48,426 shares if all units vest as scheduled.

What is the vesting schedule for the 48,426 PACS RSUs granted to the CFO?

The 48,426 RSUs will vest in substantially equal annual installments on the first, second, and third anniversaries of May 14, 2026. Vesting is conditioned on Carey Hendrickson’s continued service with PACS Group through each applicable vesting date.

Did the PACS CFO pay anything for the 48,426 RSUs reported in the Form 4?

The RSUs were granted at a reported price of $0.00 per unit, meaning the CFO did not pay cash to receive them. They are a form of equity compensation that converts into shares only as they vest over time.

How many PACS equity units does the CFO hold after this RSU grant?

After this transaction, the Form 4 shows Carey Hendrickson directly holding 48,426 restricted stock units. Each RSU corresponds to one share of PACS Group Common Stock that will be delivered if and when the units vest under the grant terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 04:24 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HENDRICKSON CAREY P

(Last) (First) (Middle)

C/O PACS GROUP INC.

90 S. 400 W. SUITE 700

(Street)

SALT LAKE CITY UTAH 84101

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PACS Group, Inc. [ PACS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/14/2026		A		48,426(1)	A	$0	48,426	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. The RSUs will vest in substantially equal annual installments on the first, second, and third anniversaries of May 14, 2026, subject to the Reporting Person's continued service through the applicable vesting date.

Remarks:

	/s/ John Mitchell, Attorney-in-Fact	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)