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PACS Group CEO sells $6.61 mln in shares under prearranged plan

Jason Hulse Murray disposed of 150,550 shares between Aug. 20-21 at prices ranging from $43.61 to $44.76 per share. The trades were executed under a Rule 10b5-1 plan adopted in May.

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Priya Anand · Equities & Earnings Desk · 29 Aug 2026 · 00:00 · 1 min read
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PACS Group CEO sells $6.61 mln in shares under prearranged plan

Jason Hulse Murray, cofounder, CEO and chairman of PACS Group Inc., sold approximately 150,550 ordinary shares for gross proceeds of about $6.61 million on Aug. 20 and 21, 2026.

The transactions were executed under a Rule 10b5-1 trading plan Murray adopted on May 18, 2026, according to a filing. The sales occurred at weighted average prices between $43.61 and $44.76 per share. On Aug. 20, Murray sold 77,427 shares at $43.77 and 13,879 shares at $44.76. On Aug. 21, he sold 31,654 shares at $43.61 and 27,590 shares at $44.25.

Following the disposals, Murray retains direct ownership of 54,694,866 ordinary shares of PACS Group, representing more than a 10% stake. The company’s market valuation is reported at $7 billion.

PACS Group recently agreed to acquire 34 skilled nursing facilities from Eduro Healthcare, expanding its portfolio by 3,633 beds across six Western U.S. states. Truist Securities maintained a buy rating on PACS Group with a $52 price target.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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