Director and 10% owner Mark Hancock filed a Form 4 with the SEC on October 30, 2026, reporting the sale of 13,304 shares of PACS Group, Inc. common stock across two transactions on October 28 and October 29, 2026, executed under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • First sale: 9,024 shares disposed of on October 28, 2026, at a weighted average price of $50.102 per share, with individual transaction prices ranging from $50.00 to $50.3829.
  • Second sale: 4,280 shares disposed of on October 29, 2026, at a weighted average price of $50.0236 per share, with individual transaction prices ranging from $50.00 to $50.1356.
  • Beneficial ownership following transactions: 53,505,580 shares of common stock held directly after the two reported sales.
  • Trading plan: Both sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Hancock on March 11, 2026, according to the filing.
  • Reporting person roles: Mark Hancock is identified in the filing as both a Director and a 10% owner of PACS Group, Inc. (NYSE:PACS).

Hancock's October Sales Under Rule 10b5-1 Plan

According to the Form 4 filing, Mark Hancock, a director and 10% owner of PACS Group, Inc. (NYSE:PACS), disposed of a combined 13,304 shares of common stock over two consecutive trading days. On October 28, 2026, Hancock sold 9,024 shares at a weighted average price of $50.102. The filing notes that those shares were sold in multiple transactions at prices ranging from $50.00 to $50.3829 per share. Following that transaction, Hancock's directly held beneficial ownership stood at 53,509,860 shares.

The following day, October 29, 2026, Hancock sold an additional 4,280 shares at a weighted average price of $50.0236, with individual transaction prices ranging from $50.00 to $50.1356 per share. After this second disposal, his directly held beneficial ownership totaled 53,505,580 shares of common stock, as reported in the filing.

The filing states that both sales "w[ere] effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2026." The filing further notes that Hancock "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 reported ranges. The Form 4 was signed on October 30, 2026, by Trevor Petersen as attorney-in-fact under a Power of Attorney (Exhibit 24).

What Was Disclosed

Mark Hancock, director and 10% owner of PACS Group, Inc., reported the disposal of 13,304 shares of common stock on October 28 and 29, 2026, at weighted average prices of $50.102 and $50.0236 respectively, under a Rule 10b5-1 plan adopted March 11, 2026.