[Form 3] The Pennant Group, Inc. Initial Statement of Beneficial Ownership

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Cheney Kirk Sterling

(Last) (First) (Middle)

1675 E. RIVERSIDE DR

SUITE 150

(Street)

EAGLE ID 83616

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/17/2025

3. Issuer Name and Ticker or Trading Symbol
Pennant Group, Inc. [ PNTG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, GC and Corp Secy

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)	14,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	08/15/2021	08/15/2030	Common Stock	4,000(2)	$37.98	D
Stock Option (right to buy)	02/28/2024	02/28/2033	Common Stock	25,000(2)	$15.02	D
Stock Option (right to buy)	10/28/2021	10/28/2030	Common Stock	5,000(2)	$38.88	D
Stock Option (right to buy)	10/01/2020	10/01/2029	Common Stock	8,000(2)	$15.09	D
Stock Option (right to buy)	06/01/2023	06/01/2032	Common Stock	3,000(2)	$18.03	D
Stock Option (right to buy)	05/16/2026	05/16/2035	Common Stock	35,000(2)	$30.22	D
Stock Option (right to buy)	05/25/2022	05/25/2031	Common Stock	5,000(2)	$31.54	D
Stock Option (right to buy)	10/26/2022	10/26/2031	Common Stock	3,000(2)	$24.04	D
Stock Option (right to buy)	03/04/2025	03/04/2034	Common Stock	20,000(2)	$18.79	D
Stock Option (right to buy)	05/27/2021	05/27/2030	Common Stock	5,000(2)	$27.56	D
Stock Option (right to buy)	08/22/2024	08/22/2033	Common Stock	5,000(2)	$12.52	D

Explanation of Responses:

1. Restricted Stock Awards granted on July 25, 2022 under The Pennant Group, Inc. 2019 Omnibus Incentive Plan. The RSAs vest in five equal annual installments beginning on the first anniversary of the date of the grant.

2. The awards vest in five equal annual installments beginning on the first anniversary of the date of the grant.

Remarks:

	/s/ Kirk Cheney	08/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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