A Form 4 filed on September 15, 2026, disclosed that Mark Hancock, a director and 10% owner of PACS Group, Inc. (NASDAQ:PACS), sold a total of 300,000 shares of common stock across five transactions on September 14 and September 15, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Mark Hancock, identified as both a Director and 10% Owner of PACS Group, Inc.
  • Rule 10b5-1 plan: All sales were made pursuant to a trading plan adopted by Hancock on March 11, 2026.
  • Total shares sold: 137,684 + 6,634 + 104,132 + 30,466 + 21,084 shares disposed of across five separate transactions.
  • Price ranges: Weighted average sale prices ranged from $42.0907 to $44.9052 per share across the five transactions.
  • Remaining ownership: Following all reported transactions, Hancock directly beneficially owned 53,518,884 shares of common stock.
  • Transaction code: All five transactions were coded "S" (sale) and listed as direct ownership disposals.

Mark Hancock's Share Sales at PACS Group Across Two Trading Days

According to the filing, Hancock executed two sales on September 14, 2026. The first involved 137,684 shares at a weighted average price of $44.5582, with individual transaction prices ranging from $43.885 to $44.8845 per share. The second involved 6,634 shares at a weighted average price of $44.9052, with prices ranging from $44.885 to $45.13 per share. Following these two transactions, the filing reported his direct beneficial ownership at 53,674,566 shares.

On September 15, 2026, three additional sales were reported. The filing disclosed a disposal of 104,132 shares at a weighted average price of $42.0907 (range: $41.47 to $42.465), followed by 30,466 shares at a weighted average price of $42.8887 (range: $42.47 to $43.4628), and then 21,084 shares at a weighted average price of $43.7485 (range: $43.51 to $44.435). After the final transaction, Hancock's directly held beneficial ownership stood at 53,518,884 shares, according to the filing.

The filing noted that all sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Hancock on March 11, 2026. The filing also stated 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 each reported range. The Form 4 was signed by John Mitchell as attorney-in-fact on September 15, 2026.

What Was Disclosed

Mark Hancock, a director and 10% owner of PACS Group, Inc. (NASDAQ:PACS), reported five disposals of common stock on September 14 and 15, 2026, all made under a pre-established Rule 10b5-1 plan, leaving him with 53,518,884 directly held shares.