Form 4: PACS Group CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Derick G. Apt, CFO of PACS Group, sold shares to cover tax liabilities arising from the vesting of restricted stock units.
Summary
- On April 15, 2025, Derick G. Apt, the Chief Financial Officer of PACS Group, Inc., disposed of 72,953 shares of common stock to cover tax liabilities.
- The shares were sold at a price of $9.35 per share.
- Following the transaction, Apt directly owns 1,111,628 shares of PACS Group, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the sale of shares by a company executive.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: Derick G. Apt disposed of shares to cover tax liabilities. |
| 04/16/2025 | Date of signature by Attorney-in-Fact. |
Keywords
PACS Group, Derick G. Apt, CFO, Form 4, Share Disposal, Tax Liabilities, Restricted Stock Units, Beneficial Ownership
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