The proposed sale is small relative to Hancock's total holdings and market cap, but follows two larger sales in September totaling ~$13M. Monitor for further insider selling patterns and any Form 4 filings to confirm actual sales.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK BELOW ENTRY AT T+1- T+0 · Oct 28 $49.68entry
- T+1 · 7d ago −3.76%α −1.99% · $47.81
- T+5 · due 14h ago Pending
- T+5 · todayOpen
- T+20 · in 20d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Mark Hancock, an officer, director and 10% stockholder of PACS Group, filed a Form 144 notice of intent to sell 9,024 shares of common stock with an approximate market value of $452,120. The sale is planned for October 28, 2026, through Citigroup Global Markets Inc. Hancock also reported two recent sales on September 14 and 15, 2026, totaling approximately $13.0 million.
Key Facts
- Mark Hancock (Officer, Director, 10% Stockholder) filed Form 144 to sell 9,024 shares of PACS common stock.
- Estimated market value of proposed sale: $452,120.45.
- Broker: Citigroup Global Markets Inc.
- Proposed sale date: October 28, 2026.
- Hancock previously sold 144,318 shares on September 14, 2026 (~$6.43M) and 155,682 shares on September 15, 2026 (~$6.61M).
- Total recent sales by Hancock in September 2026: ~$13.0 million.
- Shares were acquired on March 1, 2023 at formation of the issuer.
- Market cap of PACS Group: $7.7 billion.
Financial Impact
Proposed sale of 9,024 shares valued at ~$452K, representing less than 0.01% of market cap. Combined with prior September sales, Hancock has sold ~$13.5M in shares over the past six weeks.
Risk Factors
- Insider selling by a founder/CEO-level holder may signal reduced conviction or portfolio diversification.
- Form 144 is an intent to sell; actual sale may not occur.
- Recent insider selling activity (10 sells totaling $11.6M in 30 days) adds to the pattern.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0002014361-26-000037 |
| Document: 0002014361-26-000037-index.html | 0002014361-26-000037 |
| Document: 0002014361-26-000037.txt | 0002014361-26-000037 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 4, 2026 today | Insider Cluster | $48.51 | awaiting T+5 | awaiting T+5 | $46.68 (−3.77%) |
Nov 4, 2026 today | 144 | $48.51 | awaiting T+5 | awaiting T+5 | $46.68 (−3.77%) |
Nov 3, 2026 1d ago | 8-K | $46.65 | awaiting T+5 | awaiting T+5 | $46.68 (+0.06%) |
Oct 30, 2026 5d ago | Insider Cluster | $45.58 | awaiting T+5 | awaiting T+5 | $46.68 (+2.41%) |
Oct 29, 2026 6d ago | 144 | $47.81 | awaiting T+5 | awaiting T+5 | $46.68 (−2.36%) |
Oct 28, 2026 7d ago | 144 | $49.68 | awaiting T+5 | awaiting T+5 | $46.68 (−6.04%) |
Oct 28, 2026 7d ago | 144 | $49.68 | awaiting T+5 | awaiting T+5 | $46.68 (−6.04%) |
Oct 21, 2026 14d ago | Insider Cluster | $47.50 $49.68 | ▼ −4.59% | ▼ −3.88% | $46.68 (+1.73%) |
Oct 16, 2026 19d ago | Insider Cluster | $45.85 $48.76 | ▲ +6.35% | ▲ +6.49% | $46.68 (+1.81%) |
Sep 17, 2026 6w ago | Insider Cluster | $42.12 $41.30 | ▲ +1.95% | ▲ +3.22% | $46.68 (−10.83%) |
US Market Status
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