LEAVITT TAYLOR S. 4
Research Summary
AI-generated summary
PACS Group (PACS) Director Leavitt Receives 4,287 RSU Award
What Happened Taylor S. Leavitt, a director of PACS Group, Inc. (PACS), received a grant of 4,287 restricted stock units (RSUs) on July 1, 2026. The Form 4 shows an acquisition coded as "A" at $0.00 per unit (total reported value $0), reflecting an equity award rather than a market purchase.
Key Details
- Transaction date and price: 2026-07-01; 4,287 RSUs @ $0.00 (acquisition code A).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The RSUs convert 1-for-1 into common shares on vesting; 100% of the RSUs vest on the earlier of (i) July 1, 2027 or (ii) the next annual meeting after the grant, subject to continued service (see F1).
- Filing: Report filed 2026-07-06. The filing does not flag a late filing on the Form 4.
Context RSU grants are a form of compensation for directors and do not represent an immediate cash purchase or sale. These units only become actual shares (and tradable) if and when they vest according to the schedule above. Retail investors typically watch for later filings showing vesting or sales to see how insiders actually monetize awards.