Form 4: PACS Group Chief Accounting Officer Reports Tax Liability Transaction
SEC Form 4 Filing
Michelle Renee Lewis, Chief Accounting Officer of PACS Group, Inc., reports the withholding of shares to cover tax liabilities upon vesting of restricted stock units.
Summary
- On April 15, 2025, Michelle Renee Lewis, the Chief Accounting Officer of PACS Group, Inc., reported a transaction involving common stock.
- The transaction involved the withholding of 16,777 shares to cover tax liabilities arising from the vesting of previously granted restricted stock units (RSUs).
- The price per share for the transaction was $9.35.
- Following the transaction, Lewis directly owns 326,591 shares of PACS Group, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of the transaction involving the withholding of shares for tax liabilities. |
| 04/16/2025 | Date of signature for the report. |
Keywords
Form 4, PACS Group, Inc., Michelle Renee Lewis, Chief Accounting Officer, Stock Transaction, Tax Liability, Restricted Stock Units, Beneficial Ownership
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