Priegnitz Kelly 4

What Happened

• Kelly Priegnitz, Chief Compliance Officer of PACS Group, was granted 30,000 restricted stock units (RSUs) on 2026-03-03. The transaction is reported as an award (code A) with a reported acquisition price of $0.00 — this reflects an equity grant, not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-03-03 — Award/Grant (A).
• Amount: 30,000 RSUs; reported price $0.00 (RSU award — market value will depend on PACS share price at vesting).
• Vesting: RSUs vest in substantially equal annual installments on the first, second and third anniversaries of December 1, 2025 (i.e., vesting roughly on Dec 1 of 2026, 2027 and 2028), subject to continued service.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Each RSU converts to one share of common stock upon vesting.
• Filing timeliness: Report filed on 2026-03-03 for a 2026-03-03 transaction — appears to be filed timely.

Context

• RSUs are a form of equity compensation that convert to company stock only as they vest; they are not immediate cash purchases or sales and do not necessarily signal a buying/selling decision by the insider.
• Vesting is contingent on continued employment through each vesting date; taxes are typically due when RSUs vest (consult tax guidance for specifics).
• For retail investors, grants like this indicate the company is compensating the executive with equity, but they are different from outright purchases by insiders that some investors view as a direct bullish signal.