MITCHELL JOHN TODD 4

What Happened

• Mitchell John Todd, Chief Legal Officer and Secretary of PACS Group, was granted 82,039 restricted stock units (RSUs) on March 24, 2026. The Form 4 reports an acquisition price of $0.00 (award), so no cash was paid; the filing was submitted on March 26, 2026.
• This was an award/grant (not an open-market purchase or sale). The filing lists the grant amount (82,039 RSUs); no immediate cash value or sale occurred in this transaction.

Key Details

• Transaction date: 2026-03-24; filing date: 2026-03-26.
• Transaction type/code: A (Award/Grant); 82,039 RSUs @ $0.00 (reported acquisition value $0).
• Shares owned after transaction: Not specified in this Form 4 (post-transaction holdings not reported here).
• Footnote: Each RSU converts to one share of common stock upon vesting. The RSUs vest in substantially equal annual installments on the first, second and third anniversaries of March 24, 2026, subject to continued service.
• No 10b5-1 plan, tax withholding, or cashless sale was reported in this filing; filing does not indicate lateness.

Context

• RSU grants are a form of compensation and do not necessarily indicate a buy/sell market signal. They vest over time and only convert to shares when vesting conditions are met (here, three annual installments).
• Retail investors should note the grant increases potential future insider-held shares as vesting occurs, but these shares are not yet outstanding or sold to the market at grant.