STOCK TITAN

[Form 4] PACS Group, Inc. Insider Trading Activity

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

PACS Group, Inc. Chief Legal Officer & Secretary John Todd Mitchell sold 80,152 shares of common stock in open-market transactions. The sales occurred on May 15 and May 18, 2026 at weighted average prices in the high-$30 range under a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025. Following these trades, he continues to hold more than 800,000 PACS shares directly.

Positive

  • None.

Negative

  • None.
Insider MITCHELL JOHN TODD
Role Chief Legal Officer & Sec.
Sold 80,152 shs ($3.02M)
Type Security Shares Price Value
Sale Common Stock 24,089 $37.0398 $892K
Sale Common Stock 3,300 $38.0123 $125K
Sale Common Stock 45,949 $37.9124 $1.74M
Sale Common Stock 6,814 $38.7404 $264K
Holdings After Transaction: Common Stock — 806,866 shares (Direct, null)
Footnotes (1)
  1. The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2025. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $37.51 to $38.50 per 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. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $38.51 to $39.45 per 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. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $36.66 to $37.65 per 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. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $37.68 to $38.33 per 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.
SEC Form 4
FORM 4UNITED 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).
X
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*
MITCHELL JOHN TODD

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer & Sec.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/15/2026S(1)45,949D$37.9124(2)837,769D
Common Stock05/15/2026S(1)6,814D$38.7404(3)830,955D
Common Stock05/18/2026S(1)24,089D$37.0398(4)806,866D
Common Stock05/18/2026S(1)3,300D$38.0123(5)803,566D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2025.
2. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $37.51 to $38.50 per 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.
3. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $38.51 to $39.45 per 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.
4. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $36.66 to $37.65 per 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.
5. The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $37.68 to $38.33 per 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.
Remarks:
/s/ John Mitchell05/19/2026
** Signature of Reporting PersonDate
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)

FAQ

How many PACS shares did John Todd Mitchell sell in this Form 4?

John Todd Mitchell sold a total of 80,152 PACS Group common shares. The Form 4 shows four open-market sale transactions, with individual trade sizes ranging from a few thousand shares to over 45,000 shares across two trading days.

On what dates did PACS insider John Todd Mitchell sell shares?

John Todd Mitchell sold PACS Group common stock on May 15, 2026 and May 18, 2026. All reported transactions were open-market sales of common stock, disclosed in a single Form 4 covering both trading days.

What prices did John Todd Mitchell receive for his PACS share sales?

The reported prices are weighted averages around the high-$30s per share. Footnotes state the individual trades occurred within ranges from $36.66 to $39.45 per share across multiple transactions on the two trading days.

Does John Todd Mitchell still hold PACS shares after these sales?

Yes. After the reported sales, John Todd Mitchell still directly owns over 800,000 PACS Group common shares. Each transaction entry on the Form 4 lists post-trade holdings that remain above 800,000 shares, indicating a substantial continuing ownership position.

Were John Todd Mitchell’s PACS share sales made under a Rule 10b5-1 plan?

Yes. A footnote explains the reported sale activity was effected under a Rule 10b5-1 trading plan adopted by John Todd Mitchell on December 8, 2025. Such plans pre-schedule trades, making timing less discretionary.

What type of transactions are reported in this PACS Form 4?

All transactions in this Form 4 are open-market sales of common stock, coded “S” for sale. There are no derivative exercises, gifts, or tax-withholding entries, and the filing shows purely non-derivative common stock activity.