PACS Group (PACS) HR chief receives 14,649 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PACS Group, Inc. Chief Human Resources Officer Trent Dean Bingham reported an equity compensation grant on Common Stock. He acquired 14,649 restricted stock units (RSUs) for no cash payment, increasing his directly held equity-related position to 39,649 shares/units reported after the transaction.
The RSUs convert into one share of Common Stock each upon vesting. They are scheduled to vest in substantially equal annual installments on the first, second, and third anniversaries of March 24, 2026, contingent on his continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bingham Trent Dean
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,649 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,649 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PACS (PACS) report for Trent Dean Bingham?
PACS Group reported that Chief Human Resources Officer Trent Dean Bingham received a grant of 14,649 restricted stock units. These RSUs are a form of equity compensation and were reported as Common Stock-related holdings on his latest Form 4 filing.
What are the vesting terms of the PACS (PACS) restricted stock units granted to Bingham?
The 14,649 restricted stock units will vest in substantially equal annual installments on the first, second, and third anniversaries of March 24, 2026. Vesting is conditioned on Trent Dean Bingham’s continued service with PACS Group through each applicable vesting date.
What does the Form 4 reveal about PACS (PACS) executive compensation structure?
The Form 4 indicates PACS Group uses restricted stock units as part of executive compensation. Trent Dean Bingham’s 14,649-unit grant, vesting over three years, aligns executive interests with shareholders by tying a portion of pay to future Common Stock value and continued service.