Director and 10% owner Mark Hancock filed a Form 4 with the SEC on November 4, 2026, disclosing the sale of a combined 186,696 shares of PACS Group, Inc. common stock pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • First transaction: 174,937 shares disposed of on November 4, 2026, at a weighted average price of $50.3811 per share, with individual sales ranging from $50.00 to $50.9974.
  • Second transaction: 11,759 shares disposed of on November 4, 2026, at a weighted average price of $51.439 per share, with individual sales ranging from $51.006 to $51.6743.
  • Remaining holdings: Following both transactions, Hancock directly owned 53,318,884 shares of common stock.
  • 10b5-1 plan: Both sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Hancock on March 11, 2026.
  • Roles: The filing identifies Hancock as both a director and a 10% owner of PACS Group, Inc. (NYSE:PACS).

Hancock's Rule 10b5-1 Sales of PACS Group Common Stock

According to the Form 4 filed on November 4, 2026, Mark Hancock, identified as a director and 10% owner of PACS Group, Inc. (NYSE:PACS), reported two separate dispositions of common stock on the same date. The first transaction involved 174,937 shares sold at a weighted average price of $50.3811, with the filing noting that individual transactions occurred at prices ranging from $50.00 to $50.9974 per share. The second transaction covered 11,759 shares at a weighted average price of $51.439, with per-share prices ranging from $51.006 to $51.6743.

Both transactions were coded "S" in Table I, indicating open-market sales of non-derivative securities disposed of directly. The filing also checked the box indicating that the transactions were made pursuant to a contract, instruction, or written plan satisfying the affirmative defense conditions of Rule 10b5-1(c). The explanation of responses confirms the plan was adopted on March 11, 2026. The filing further states that Hancock undertakes to provide full information regarding the number of shares sold at each separate price within the stated ranges, upon request by the issuer, any security holder, or the SEC staff.

After both sales, Hancock's direct beneficial ownership stood at 53,318,884 shares of PACS Group common stock, according to the filing. No derivative securities transactions were reported in Table II. The Form 4 was signed by Trevor Petersen as attorney-in-fact on November 4, 2026.

What Was Disclosed

Mark Hancock, a director and 10% owner of PACS Group, Inc., disclosed the sale of 186,696 total shares of common stock on November 4, 2026, under a pre-established Rule 10b5-1 plan, leaving him with direct beneficial ownership of 53,318,884 shares.