HENDRICKSON CAREY P 4

What Happened

Carey P. Hendrickson, Chief Financial Officer of PACS Group, Inc. (PACS), received an award of 48,426 restricted stock units (RSUs) on May 14, 2026. The RSUs were granted at $0.00 (no cash paid) and therefore show $0 acquisition cost in the filing. This is a compensatory equity grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: May 14, 2026; filing date: May 15, 2026 (timely filing).
• Award: 48,426 RSUs; reported acquisition price: $0.00 (total $0).
• Vesting: RSUs vest in substantially equal annual installments on the first, second, and third anniversaries of May 14, 2026, subject to continued service (see footnote F1).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnote: F1 confirms each RSU converts to one share of common stock upon vesting.
• Transaction type: Award/grant (A); this is a common form of executive compensation, not an immediate cash transaction.

Context

RSU awards compensate executives with future equity contingent on service and/or performance; they do not indicate an immediate purchase or sale of existing shares. Investors should treat this as a standard compensation grant unless additional filings show sales or exercises later.