PACS Group (PACS) President Joshua Jergensen Sells 40,000 Shares

What Happened

• Joshua Jergensen, President & COO of PACS Group, sold a total of 40,000 shares of PACS common stock in open-market transactions on 2026-09-16, generating approximately $1,725,133 in proceeds. The sales were reported on a Form 4 filed 2026-09-17.
• Breakdown: 36,502 shares sold at a weighted-average price of $43.08 (reported proceeds $1,572,557) and 3,498 shares sold at a weighted-average price of $43.62 (reported proceeds $152,576). Both sales are coded as S (sale).

Key Details

• Transaction date: 2026-09-16; Form 4 filed: 2026-09-17 (appears timely).
• Prices/ranges: first sale weighted avg $43.08 (individual prices ranged $42.57–$43.565); second sale weighted avg $43.62 (prices ranged $43.575–$43.75).
• Total shares sold: 40,000; total reported proceeds: ~$1,725,133.
• Shares owned after transaction: not specified in the information provided.
• Notable footnote: the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2026 (pre-arranged trading plan).

Context

• These were sales (not purchases); sales under a 10b5-1 plan are typically pre-scheduled and can be routine for executives managing holdings or liquidity needs. This filing is informational and does not by itself indicate insider sentiment about the company’s prospects.