Lewis Michelle Renee 4

What Happened

Michelle Renee Lewis, Chief Accounting Officer of PACS Group, had 24,691 shares withheld on April 15, 2026 to satisfy tax withholding tied to the vesting of previously granted restricted stock units (RSUs). The withholding was calculated at $33.14 per share, representing $818,260 in aggregate — a disposition reported under transaction code F (tax withholding). This was not an open-market sale but an internal withholding to cover tax liability.

Key Details

• Transaction date: 2026-04-15; filing date: 2026-04-17 (appears timely).
• Withheld shares: 24,691 at $33.14 per share; total value withheld ≈ $818,260.
• Transaction type/code: F — payment of tax liability via withholding of securities upon RSU vesting (footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• This was a tax-withholding disposition, not a cash sale or market trade.

Context

Tax-withholding by withholding shares upon RSU vesting is routine and reflects settlement of tax obligations rather than a directional trade by the insider. Such transactions generally do not signal a change in the insider’s view of the company’s prospects.