PACS Group COO Sells $1.2M in Shares

Joshua Jergensen sold 36,335 shares of the company's stock, representing a 1.34% decrease in his ownership stake.

Mar. 17, 2026 at 10:41pm

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PACS Group, Inc. (NYSE:PACS) Chief Operating Officer Joshua Jergensen sold 36,335 shares of the company's stock on Friday, March 13th. The shares were sold at an average price of $34.28, for a total value of $1,245,563.80. Following the sale, Jergensen still owns 2,667,347 shares in the company, valued at approximately $91,436,655.16.

Why it matters

The sale represents a 1.34% decrease in Jergensen's ownership stake in PACS Group, a healthcare real estate investment trust that operates skilled nursing and assisted living facilities. Insider transactions can provide insights into management's views on a company's prospects.

The details

Jergensen, who has been PACS Group's COO since the company was founded in 2013, sold the shares through a series of transactions on the open market. The sale was disclosed in a filing with the Securities and Exchange Commission.

  • The shares were sold on Friday, March 13, 2026.

The players

Joshua Jergensen

Chief Operating Officer of PACS Group, Inc., a healthcare real estate investment trust that operates skilled nursing and assisted living facilities.

PACS Group, Inc.

A healthcare real estate investment trust that operates skilled nursing and assisted living facilities in the United States.

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The takeaway

The sale by PACS Group's COO represents a modest decrease in his ownership stake, but it does not necessarily indicate any broader concerns about the company's prospects. Insider transactions can provide useful insights, but should be considered alongside other financial and operational data when evaluating a company's performance.