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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 4/11/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 2001184 |
| Issuer Name: PACS Group, Inc. |
| Issuer Trading Symbol: PACS |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 2000710 |
| | Owner Name: Apt Derick G |
| Reporting Owner Address: |
| | Owner Street 1: C/O PACS GROUP, INC. |
| | Owner Street 2: 262 N. UNIVERSITY AVE. |
| | Owner City: FARMINGTON |
| | Owner State: UT |
| | Owner ZIP Code: 84025 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Financial Officer |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/11/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,313,830 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,313,830 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/11/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 129,249 |
| | | Transaction Price Per Share: |
| Value: 21 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,184,581 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
Footnotes: |
| Footnote - F1: Represents an award of restricted stock units ("RSUs"), 25% of which vests upon grant and the remainder of which will vest in five substantially equal annual installments thereafter. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and has no expiration date. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ John Mitchell, Attorney-in-Fact |
| Signature Date: 4/15/24 |