PACS Group, Inc.·4

Jul 16, 6:12 PM ET

Jergensen Joshua 4

Research Summary

AI-generated summary

Updated

PACS Group (PACS) President Joshua Jergensen Sells Shares

What Happened

  • Joshua Jergensen, President & COO of PACS Group, sold a total of 40,000 shares in open-market/private transactions on July 15, 2026, generating aggregate proceeds of $1,800,718. The sales were reported as three transactions: 7,440 shares at a weighted avg $44.50 ($331,067), 32,327 shares at a weighted avg $45.13 ($1,458,989), and 233 shares at a weighted avg $45.76 ($10,662). These were dispositions (sales), which are generally routine insider liquidity events rather than purchases that might signal added confidence.

Key Details

  • Transaction date: July 15, 2026; Form filed July 16, 2026 (timely filing).
  • Individual reported trades:
    • 7,440 shares @ $44.50 — $331,067 (weighted avg; prices ranged $43.74–$44.735) [F2]
    • 32,327 shares @ $45.13 — $1,458,989 (weighted avg; prices ranged $44.74–$45.735) [F3]
    • 233 shares @ $45.76 — $10,662 (weighted avg; prices ranged $45.75–$45.78) [F4]
  • Total shares sold: 40,000; total proceeds: $1,800,718.
  • Shares owned after transaction: Not stated in the provided filing.
  • Notable footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Jergensen on March 12, 2026 [F1]. Footnotes F2–F4 note the reported prices are weighted averages and provide per-trade price ranges; the filer can provide a full breakdown on request.

Context

  • A Rule 10b5-1 plan indicates these sales were pre-arranged according to a scheduled trading plan established in March 2026; such plans are commonly used by insiders to sell shares on a set schedule and limit reliance on contemporaneous information. This filing documents dispositions only — there were no purchases, option exercises, or gifts reported in the provided data.