Pennant Group (PNTG) director granted 2,400-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lamb Scott E reported acquisition or exercise transactions in this Form 4 filing.
On July 15, 2026, Pennant Group director Scott E. Lamb received a grant of 2,400 shares of common stock at a grant price of $0.00 per share, reported as a non-derivative equity award. These shares vest in three annual installments beginning July 15, 2027, bringing his direct ownership to 58,935 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lamb Scott E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,400 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 58,935 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock grant: 2,400 shares
Grant price: $0.0000 per share
Post-transaction holdings: 58,935 shares
+1 more
4 metrics
Stock grant
2,400 shares
Non-derivative common stock award on July 15, 2026
Grant price
$0.0000 per share
Reported transaction price per share for the equity award
Post-transaction holdings
58,935 shares
Direct common stock ownership after the grant
Vesting schedule
Three annual installments
Shares vest beginning July 15, 2027
Key Terms
Grant, award, or other acquisition, non-derivative, vest
3 terms
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
non-derivative financial
"Transaction type reported as non-derivative common stock"
vest financial
"These shares vest in three annual installments beginning July 15, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Pennant Group (PNTG) report for Scott E. Lamb?
Pennant Group reported that director Scott E. Lamb received a grant of 2,400 shares of common stock on July 15, 2026. The award was filed as a non-derivative equity grant with no cash purchase price and increases his direct holdings in the company.
Was the Pennant Group (PNTG) grant to Scott E. Lamb made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan for this transaction. The grant is reported simply as a compensatory equity award, without being identified as executed under a pre-arranged 10b5-1 plan.