Monitor for any upcoming corporate announcements or earnings that may have prompted this concentrated selling. The director's $13M divestiture is the dominant signal — watch for further insider sales or a Form 144 filing that could indicate a planned disposition program.
Price Chart
Executive Summary
Two PACS insiders — Director/10% Owner Mark Hancock and Co-Founder/CEO Jason Murray — sold a combined ~$13.9M in shares over Sep 10-15, 2026. Hancock accounted for ~$13M of the total in multiple large-block sales, while Murray sold ~$887K in smaller lots. The selling represents ~0.2% of PACS's $6.7B market cap, a modest but notable insider divestiture pattern that warrants monitoring.
Key Financial Metrics
Key Facts
- Director Mark Hancock sold ~$13M in open-market sales over Sep 10-15, 2026
- Co-Founder/CEO Jason Murray sold ~$887K in open-market sales over Sep 10-14, 2026
- Total insider selling of ~$13.9M represents ~0.2% of PACS's $6.7B market cap
- All 8 transactions were open-market sales (code S) — no buys in the cluster
Financial Impact
~$13.9M in insider selling, ~0.2% of market cap
Risk Factors
- Further insider selling if this is part of a broader distribution plan
- Potential negative catalyst or earnings disappointment that insiders may be anticipating
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PACS-1789540183046 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Insider Cluster | $47.50 | awaiting T+5 | — | $47.75 (−0.53%) |
Oct 16, 2026 10d ago | Insider Cluster | $45.85 $48.76 | ▲ +6.35% | ▲ +6.49% | $47.75 (+4.14%) |
Sep 17, 2026 5w ago | Insider Cluster | $42.12 $41.30 | ▲ +1.95% | ▲ +3.22% | $47.75 (−13.37%) |
Sep 15, 2026 5w ago | Insider Cluster | $42.72 $41.05 | ▲ +3.91% | ▲ +5.73% | $47.75 (−11.77%) |
Aug 27, 2026 8w ago | Insider Cluster | $42.75 $42.50 | ▼ −0.58% | ▼ −0.69% | $47.75 (+11.70%) |
Aug 19, 2026 9w ago | Insider Cluster | $43.58 $44.24 | ▼ −1.51% | ▼ −0.40% | $47.75 (−9.57%) |
Jul 16, 2026 14w ago | Insider Cluster | $46.13 $44.82 | ▲ +2.84% | ▲ +2.15% | $47.75 (−3.51%) |
Jul 10, 2026 15w ago | Insider Cluster | $43.27 $46.13 | ▲ +6.61% | ▲ +7.39% | $47.75 (+10.35%) |
Jul 6, 2026 16w ago | Insider Cluster | $43.62 $44.95 | ▲ +3.05% | ▲ +2.50% | $47.75 (+9.47%) |
Jun 26, 2026 17w ago | Insider Cluster | $39.94 $45.00 | ▲ +12.67% | ▲ +11.28% | $47.75 (+19.55%) |
US Market Status
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