Lewis Michelle Renee 4
Research Summary
AI-generated summary
PACS Group (PACS) Chief Accounting Officer Michelle Lewis Sells Shares
What Happened
Michelle Renee Lewis, Chief Accounting Officer of PACS Group, reported the sale of a total of 15,000 shares of PACS common stock in three open-market transactions. The trades were: 4,200 shares on 2026-07-01 at a weighted avg $45.01 ($189,059); 6,663 shares on 2026-07-02 at a weighted avg $45.03 ($300,032); and 4,137 shares on 2026-07-06 at a weighted avg $45.04 ($186,333). Aggregate proceeds were approximately $675,424. These were disposals (sales), not purchases or option exercises.
Key Details
- Transaction dates & reported weighted-average prices:
- 2026-07-01: 4,200 shares @ $45.01 (≈ $189,059) — price range reported $45.00–$45.06 (F2).
- 2026-07-02: 6,663 shares @ $45.03 (≈ $300,032) — price range reported $45.00–$45.115 (F3).
- 2026-07-06: 4,137 shares @ $45.04 (≈ $186,333) — price range reported $45.00–$45.15 (F4).
- The sale(s) were executed pursuant to a Rule 10b5-1 trading plan adopted March 3, 2026 (F1).
- The filing (Accession 0002014293-26-000010) was submitted on 2026-07-06. The Form 4 excerpt provided does not state post-transaction share ownership; consult the full filing for holdings after these sales.
- Weighted-average prices reflect multiple transactions; the reporting person offers to provide per-price breakdowns on request (per footnotes).
Context
A Rule 10b5-1 plan is a pre-arranged trading program that allows insiders to sell shares on a set schedule or rule and is commonly used to avoid questions about trading on material non-public information. Sales under 10b5-1 plans are generally considered routine disposition activity; they do not necessarily indicate the insider’s current view of the company’s prospects. This report documents sales only — there were no option exercises, awards, or gifts disclosed in these transactions.