Pennant Group (PNTG) director reports new 1,900-share stock grant

Rhea-AI Filing Summary

Pennant Group, Inc. director Christopher R. Christensen reported a grant of 1,900 shares of common stock on January 15, 2026 at a price of $0, reflecting an equity award rather than an open-market purchase. These shares vest in three annual installments beginning January 15, 2027, meaning he will earn them over time if service conditions are met.

Following this grant, Christensen directly owns 142,191 shares of Pennant Group common stock. He is also reported as having 623,347 shares held indirectly through related entities and family holdings, including shares held by Hobble Creek Investments, LLC, a 2020 irrevocable trust for which his spouse serves as trustee, shares held directly by his spouse, and shares held by his former spouse as custodian for their minor children, where the former spouse holds voting and investment power.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Christensen Christopher R.

(Last) (First) (Middle)

C/O THE PENNANT GROUP, INC.

1675 EAST RIVERSIDE DRIVE, SUITE 150

(Street)

EAGLE ID 83616

(City) (State) (Zip)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/15/2026		A		1,900(1)	A	$0	142,191	D
Common Stock								623,347	I	See Footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares vest in three annual installments beginning January 15, 2027.

2. Of these shares, 481,149 shares are held by Hobble Creek Investments, LLC, of which Mr. Christensen is the sole member, 138,027 shares are directly owned by The Christopher R. Christensen 2020 Irrevocable Trust and indirectly by Mr. Christensen's spouse, as trustee of the trust, 2,171 shares are held directly by Mr. Christensen's spouse, and 2,000 shares are held by Mr. Christensen's former spouse as custodian for their minor children under the California Uniform Transfers to Minors Act. Mr. Christensen's former spouse holds voting and investment power over the shares held for their children.

Remarks:

	/s/ Kirk Cheney, as attorney in fact	01/20/2026
	** 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 4 (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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FAQ

What insider transaction did Pennant Group (PNTG) report for Christopher R. Christensen?

Pennant Group director Christopher R. Christensen reported a grant of 1,900 shares of common stock on January 15, 2026, coded as an acquisition at a price of $0, indicating an equity award.

How do the 1,900 newly granted Pennant Group (PNTG) shares vest?

The 1,900-share award to Christopher R. Christensen vests in three annual installments beginning on January 15, 2027, so the shares are earned over a three-year period.

How many Pennant Group (PNTG) shares does Christopher R. Christensen own directly after this Form 4?

After the reported grant, Christopher R. Christensen directly owns 142,191 shares of Pennant Group common stock.

What indirect holdings in Pennant Group (PNTG) are associated with Christopher R. Christensen?

The filing lists 623,347 shares as indirectly held, including 481,149 shares held by Hobble Creek Investments, LLC, 138,027 shares held by the Christopher R. Christensen 2020 Irrevocable Trust, 2,171 shares held directly by his spouse, and 2,000 shares held by his former spouse as custodian for their minor children.

Who has voting and investment power over the Pennant Group (PNTG) shares held for Christopher R. Christensen’s minor children?

The 2,000 Pennant Group shares held for Christopher R. Christensen’s minor children under the California Uniform Transfers to Minors Act are held by his former spouse as custodian, and the former spouse holds the voting and investment power over those shares.

What is Christopher R. Christensen’s role at Pennant Group (PNTG)?

Christopher R. Christensen is reported as a director of Pennant Group, Inc. and is not listed as an officer or 10% owner in this filing.