Pennant Group (PNTG) EVP & GC sells 1,393 shares via Rule 10b5-1 plan
Rhea-AI Filing Summary
Pennant Group, Inc. executive Kirk Sterling Cheney, EVP, General Counsel and Corporate Secretary, reported a sale of 1,393 shares of common stock on August 6, 2026. The shares were sold at a price of $38.522 per share. Following this transaction, Cheney directly holds 18,401 shares of Pennant Group common stock. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on August 26, 2022, indicating it was executed under a pre-arranged trading program.
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Insider Trade Summary
Net Seller: 1,393 shares
Net Sell
1 txn
Insider
Cheney Kirk Sterling
Role
EVP, GC and Corp Secy
Sold
1,393 shs ($54K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,393 | $38.522 | $54K |
Holdings After Transaction:
Common Stock — 18,401 shares (Direct)
Footnotes (1)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on August 26, 2022
Key Figures
Shares sold: 1,393 shares
Sale price per share: $38.522 per share
Shares owned after transaction: 18,401 shares
+1 more
4 metrics
Shares sold
1,393 shares
Common Stock sold by EVP, GC and Corp Secy on August 6, 2026
Sale price per share
$38.522 per share
Price for the 1,393 Pennant Group common shares sold
Shares owned after transaction
18,401 shares
Directly held by Kirk Sterling Cheney following the sale
Rule 10b5-1 plan adoption date
August 26, 2022
Pre-arranged trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, Form 4, Common Stock, open market or private transaction
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"According to the insider ownership information in the Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"The reported transaction involved Common Stock of Pennant Group"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Pennant Group (PNTG) report for Kirk Sterling Cheney?
Pennant Group reported that Kirk Sterling Cheney sold 1,393 shares of common stock on August 6, 2026 at $38.522 per share under a Rule 10b5-1 trading plan.
Was the Pennant Group (PNTG) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on August 26, 2022, indicating it followed a pre-arranged selling program.
What role does Kirk Sterling Cheney hold at Pennant Group (PNTG)?
Kirk Sterling Cheney is reported as an officer of Pennant Group, serving as EVP, General Counsel and Corporate Secretary, according to the insider ownership information in the Form 4.
What type of security did the Pennant Group (PNTG) insider sell?
The reported transaction involved Common Stock of Pennant Group. On August 6, 2026, 1,393 shares of this common stock were sold at $38.522 per share in an open market or private transaction.