PACS President covers RSU taxes via share withholding
PACS Group, Inc. President & COO Joshua Jergensen reported a routine tax-withholding transaction in company common stock.
Rhea-AI Filing Summary
PACS Group, Inc. President & COO Joshua Jergensen reported a routine tax-withholding transaction in company common stock. On January 15, 2026, 21,998 shares of PACS Group common stock were withheld at a reference price of $39.49 per share, coded as an "F" transaction, which the disclosure explains was to pay tax liabilities arising from the vesting of previously granted restricted stock units.
Following this withholding, Jergensen beneficially owns 2,703,682 shares of PACS Group common stock, held directly. This filing reflects administrative share withholding for taxes rather than an open-market sale.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 21,998 | $39.49 | $869K |
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) report for Joshua Jergensen?
PACS Group President & COO Joshua Jergensen reported an "F" coded transaction where 21,998 shares of common stock were withheld on January 15, 2026 to cover tax liabilities from vesting restricted stock units.
What does transaction code "F" mean in this PACS Group Form 4?
In this Form 4, code "F" is explained as a payment of tax liability through withholding of securities upon the vesting of previously granted and reported restricted stock units.
What is Joshua Jergensen’s role at PACS Group, Inc. (PACS)?
Joshua Jergensen is disclosed as an officer of PACS Group, Inc., serving as President & COO.
AI-generated analysis. How Rhea-AI works. Not financial advice.