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PACS Group CEO Jason Hulse sells $1.58m in company stock

PACS Group CEO Jason Hulse sells $1.58m in company stock

Jason Hulse, the co-founder, CEO, and chairman of PACS Group Inc., sold approximately $1.58 million worth of the company's stock on October 6 and 7, 2026. Hulse purchased and sold shares through a Rule 10b5-1 trading plan, which he established on May 18, 2026. On October 6, Hulse sold 28,753 shares at prices between $42.48 and $43.637.

On October 7, he sold 717 additional shares. After these transactions, Hulse directly owned 54,435,249 shares of PACS Group's common stock. The company's financial health score stands at 3.38 out of 5 on InvestingPro, and analysts believe it will continue to be profitable. Hulse's actions were reported alongside PACS Group's announcement of acquiring 32 skilled nursing facilities in Florida, adding 4,049 beds.

The acquisition is expected to close in the fourth quarter. PACS Group also completed the Eduro Healthcare transaction, which led to an increase in its stock price. Patrick J. Murphy was appointed as the new Chief Legal Officer and Corporate Secretary, replacing John Mitchell, who will remain a consultant during the transition.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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