LEAVITT TAYLOR S. 4
Research Summary
AI-generated summary
PACS Group Director Taylor S. Leavitt Receives 4,660 RSU Award
What Happened
Taylor S. Leavitt, a director of PACS Group, Inc. (PACS), was granted 4,660 restricted stock units (RSUs) on June 10, 2026. The award is recorded at $0.00 per RSU (a grant), meaning no cash purchase occurred; each RSU will convert into one share of common stock upon vesting.
Key Details
- Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (within the normal 2-business-day reporting window).
- Transaction type/code: A — grant/award (RSUs); 4,660 RSUs granted at $0.00.
- Shares owned after transaction: Not reported in this filing.
- Footnote: 100% of the RSUs vest on the earlier of (i) June 10, 2027 or (ii) the date of the next annual meeting after the grant, subject to continued service by the reporting person.
- No indication of a 10b5-1 plan, tax withholding, or immediate sale in this filing.
Context
RSU grants are common compensation for directors and executives. These RSUs are not actual shares yet — they represent the right to receive one share per RSU upon vesting, assuming continued service. Because this is a grant (not a market purchase or sale), it does not by itself signal buying or selling pressure in the market.