Hancock Mark 4
4 · PACS Group, Inc. · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
PACS Group (PACS) 10% Owner Mark Hancock Sells 13,628 Shares
What Happened
Mark Hancock, a reported 10% owner of PACS Group, sold a total of 13,628 shares in open-market transactions on July 14–15, 2026. He sold 10,296 shares on July 14 at a weighted-average price of $45.03 for proceeds of $463,680, and 3,332 shares on July 15 at a weighted-average price of $45.05 for proceeds of $150,115 — total proceeds ≈ $613,795. These were sales (not purchases); sales by large shareholders can be routine and do not necessarily indicate company outlook.
Key Details
- Transaction dates and prices:
- 2026-07-14: 10,296 shares sold, weighted-average $45.03 (per-share range $45.00–$45.1727). Proceeds: $463,680.
- 2026-07-15: 3,332 shares sold, weighted-average $45.05 (per-share range $45.00–$45.07). Proceeds: $150,115.
- Total sold: 13,628 shares for total proceeds of approximately $613,795.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- At least one sale was effected pursuant to a Rule 10b5-1 trading plan adopted March 11, 2026 (preplanned trades).
- Reported prices are weighted averages; the filer will provide per-price breakdown on request (see footnotes on price ranges).
- Filing timeliness: Form 4 filed July 16, 2026. No late filing flag was indicated in the provided data.
Context
As a 10% owner, Hancock is a significant shareholder rather than necessarily an operating executive; large-shareholder sales can be driven by portfolio needs or preplanned programs. The presence of a 10b5-1 plan for at least one sale indicates at least some of these transactions were pre-arranged and not necessarily based on inside information.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-07-14$45.03/sh−10,296$463,680→ 53,910,216 total - Sale
Common Stock
[F1][F3]2026-07-15$45.05/sh−3,332$150,115→ 53,906,884 total
Footnotes (3)
- [F1]The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2026.
- [F2]The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $45.00 to $45.1727 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the 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.
- [F3]The price reported in Column 4 is a weighted average price. The securities were sold in multiple transactions at prices ranging from $45.00 to $45.07 per share of common stock. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the 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.