PACS Group, Inc.·4

Jun 26, 6:12 PM ET

Lewis Michelle Renee 4

Research Summary

AI-generated summary

Updated

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.