Hancock Mark 4

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.