Jergensen Joshua 4
Research Summary
AI-generated summary
PACS Group (PACS) President Joshua Jergensen Receives RSU Award
What Happened
- Joshua Jergensen, President and Chief Operating Officer of PACS Group, was granted 146,498 restricted stock units (RSUs) on March 24, 2026. The Form 4 lists the acquisition price as $0 (award), so the filing records an acquisition value of $0 on grant.
Key Details
- Transaction date: 2026-03-24; Form 4 filed: 2026-03-26 (timely).
- Award: 146,498 RSUs; reported acquisition price: $0.00 per share (award).
- Vesting: RSUs vest in substantially equal annual installments on the first, second and third anniversaries of March 24, 2026, contingent on continued service (see footnote F1).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Filing appears timely (no late filing flag).
Context
- RSUs are compensation awards that convert into shares upon vesting; they are not an immediate market purchase or sale. Such grants are common executive compensation and do not by themselves indicate buying or selling sentiment.