Form 4: PACS Group Director Sells Shares
Insider Transaction (Form 4)
Mark Hancock, a Director and 10% owner of PACS Group, Inc., sold 300,000 shares of common stock on September 14, 2026.
Summary
- Open-market sale: disposed of 137,684 Common Stock at $44.56 ($6,134,951) on September 14, 2026; holds 53,681,200 after (Direct).
- Open-market sale: disposed of 6,634 Common Stock at $44.91 ($297,901) on September 14, 2026; holds 53,674,566 after (Direct).
- Open-market sale: disposed of 104,132 Common Stock at $42.09 ($4,382,989) on September 15, 2026; holds 53,570,434 after (Direct).
- Open-market sale: disposed of 30,466 Common Stock at $42.89 ($1,306,647) on September 15, 2026; holds 53,539,968 after (Direct).
- Open-market sale: disposed of 21,084 Common Stock at $43.75 ($922,393) on September 15, 2026; holds 53,518,884 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $13,044,882 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Mark Hancock — Director, 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-14 | Open-market sale | Common Stock | 137,684 | $45 | $6.1M | 53,681,200 |
| 2026-09-14 | Open-market sale | Common Stock | 6,634 | $45 | $297.9K | 53,674,566 |
| 2026-09-15 | Open-market sale | Common Stock | 104,132 | $42 | $4.4M | 53,570,434 |
| 2026-09-15 | Open-market sale | Common Stock | 30,466 | $43 | $1.3M | 53,539,968 |
| 2026-09-15 | Open-market sale | Common Stock | 21,084 | $44 | $922.4K | 53,518,884 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-14 | Open-market sale (137,684 shares) |
| 2026-09-14 | Open-market sale (6,634 shares) |
| 2026-09-15 | Open-market sale (104,132 shares) |
| 2026-09-15 | Open-market sale (30,466 shares) |
| 2026-09-15 | Open-market sale (21,084 shares) |
Keywords
insider transaction, Form 4, PACS, PACS Group, Inc., bearish, Mark Hancock
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