PACS Group (PACS) awards 35,159 RSUs to Chief Accounting Officer Lewis

Rhea-AI Filing Summary

Lewis Michelle Renee reported acquisition or exercise transactions in this Form 4 filing.

PACS Group, Inc. reported that Chief Accounting Officer Michelle Renee Lewis received a grant of 35,159 restricted stock units (RSUs) of Common Stock. Each RSU represents the right to receive one share upon vesting. Following this equity award, she now holds 410,029 shares directly, including these RSUs.

The RSUs will vest in substantially equal annual installments on the first, second, and third anniversaries of March 24, 2026, and vesting is conditioned on her continued service with the company through each vesting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lewis Michelle Renee

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	35,159	$0.00	--

Holdings After Transaction: Common Stock — 410,029 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lewis Michelle Renee

(Last) (First) (Middle)

C/O PACS GROUP, INC.

90 S. 400 W. SUITE 700

(Street)

SALT LAKE CITY UTAH 84101

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PACS Group, Inc. [ PACS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/24/2026		A		35,159(1)	A	$0	410,029	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. The RSUs will vest in substantially equal annual installments on the first, second, and third anniversaries of March 24, 2026, subject to the Reporting Person's continued service through the applicable vesting date.

Remarks:

	/s/ John Mitchell, Attorney-in-Fact	03/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PACS (PACS) report for Michelle Renee Lewis?

PACS Group reported that Chief Accounting Officer Michelle Renee Lewis received 35,159 restricted stock units of Common Stock. These RSUs are a compensation-related equity award, not an open-market purchase, and will convert into shares only as they vest over time.

How many PACS Group (PACS) shares does Michelle Renee Lewis hold after this filing?

After the RSU grant, Michelle Renee Lewis is reported to hold 410,029 shares of PACS Group Common Stock directly. This figure includes the newly granted 35,159 restricted stock units, which will settle into shares as they vest over the three-year schedule.

What are the vesting terms of the 35,159 RSUs granted by PACS (PACS)?

The 35,159 restricted stock units vest in substantially equal annual installments on the first, second, and third anniversaries of March 24, 2026. Vesting is subject to Michelle Renee Lewis continuing to provide service to PACS Group through each respective vesting date.

Did Michelle Renee Lewis buy or sell PACS (PACS) shares in this Form 4?

The Form 4 shows an acquisition through a grant of 35,159 restricted stock units, not an open-market buy or sale. The transaction code is “A,” indicating a grant, award, or similar acquisition as part of her compensation rather than trading in the market.

What does the RSU grant mean for PACS (PACS) executive compensation?

The RSU grant to the Chief Accounting Officer reflects equity-based executive compensation at PACS Group. She will receive one share of Common Stock for each RSU upon vesting, aligning part of her pay with the company’s stock performance over a multi-year period.