Lewis Michelle Renee 4
4 · PACS Group, Inc. · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
PACS Group (PACS) Chief Accounting Officer Michelle Lewis Sells 15,000 Shares
What Happened
Michelle Renee Lewis, Chief Accounting Officer of PACS Group, sold 15,000 shares of PACS common stock in an open‑market transaction on June 25, 2026. The weighted average sale price was $40.01 per share (range $40.00–$40.085), generating approximately $600,179 in proceeds. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-06-25; Form 4 filed: 2026-06-26 (filed the next day).
- Shares sold: 15,000; weighted average price: $40.01; price range: $40.00–$40.085.
- Total proceeds: ~$600,179.
- Shares owned after the transaction: not provided in the supplied filing summary.
- Footnote F1: Sale was effected pursuant to a Rule 10b5‑1 trading plan adopted March 3, 2026 (pre‑arranged plan).
- Footnote F2: The reported price is a weighted average; the filer will provide a per‑price breakdown on request.
- Transaction code: S = Sale (open‑market or private sale).
Context
Sales under a 10b5‑1 plan are pre‑scheduled and can be routine; they do not by themselves indicate insider sentiment about the company. For retail investors, purchases tend to be more informative about confidence, while scheduled sales often reflect diversification or liquidity needs rather than new information about the company.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-25$40.01/sh−15,000$600,179→ 370,338 total
Footnotes (2)
- [F1]The sale reporting in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 3, 2026.
- [F2]The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $40.00 to $40.085 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.