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Pennant Group (PNTG) CFO granted 14,292 shares and 34,000 options

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Pennant Group, Inc. reported that Chief Financial Officer Lynette Walbom received new equity awards. On March 5, 2026, she was granted stock options covering 34,000 shares of common stock at an exercise price of $33.30 per share, vesting in five equal annual installments beginning March 5, 2027. On March 3, 2026, she also received a grant of 14,292 shares of common stock at no cost, which vest immediately on that date, bringing her directly held common shares to 16,955 after the award.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Walbom Lynette

(Last) (First) (Middle)
1675 E. RIVERSIDE DR.
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 A 14,292(1) A $0 16,955 D
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
Stock Option (right to buy) $33.3 03/05/2026 A 34,000(2) 03/05/2027 03/05/2036 Common Stock 34,000 $33.3 34,000 D
Explanation of Responses:
1. These shares vest immediately on March 3, 2026.
2. These shares vest in five equal annual installments beginning March 5, 2027.
Remarks:
The Form 4 is being filed late due to inadvertent administrative error.
/s/ Kirk Cheney, as attorney in fact 03/12/2026
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Pennant Group (PNTG) report for CFO Lynette Walbom?

Pennant Group reported that CFO Lynette Walbom received two equity awards: a grant of 14,292 shares of common stock and stock options covering 34,000 shares. Both transactions are classified as acquisition-type awards rather than open-market purchases or sales.

How many Pennant Group (PNTG) shares does the CFO hold after these awards?

After the March 3, 2026 common stock award, CFO Lynette Walbom directly holds 16,955 shares of Pennant Group common stock. This figure reflects her updated non-derivative ownership following the grant of 14,292 shares that vested immediately on that date.

What are the terms of the stock options granted to the Pennant Group (PNTG) CFO?

The CFO was granted stock options for 34,000 shares of Pennant Group common stock at an exercise price of $33.30 per share. These options vest in five equal annual installments starting March 5, 2027 and expire on March 5, 2036, if not exercised earlier.

When do the new Pennant Group (PNTG) equity awards to the CFO vest?

The 14,292 common shares awarded to the CFO vest immediately on March 3, 2026. The 34,000 stock options vest in five equal annual installments beginning March 5, 2027, creating a long-term, time-based vesting schedule extending over several years.

Were the Pennant Group (PNTG) CFO transactions open-market buys or sales?

No, the transactions were not open-market buys or sales. Both are reported with code A as grant or award acquisitions: one grant of common stock and one grant of stock options. The filing does not show any open-market purchasing or selling activity.
Pennant Group Inc

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