How does the 1,900-share grant in Pennant Group (PNTG) vest over time?

The 1,900-share grant vests in three annual installments beginning April 15, 2027. This means the award becomes fully owned in stages over three years, aligning vesting with Mr. Covey’s continued service to the company.

Was the Pennant Group (PNTG) share grant to Stephen M. R. Covey a market purchase?

No, the transaction was classified as a grant, award, or other acquisition, not an open-market purchase. The shares were awarded at a reported price of zero per share as part of compensation rather than bought on the market.

Pennant Group director granted 1,900 shares

COVEY STEPHEN M R reported acquisition or exercise transactions in this Form 4 filing.

Filing Impact

(Neutral)

Filing Sentiment

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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

Rhea-AI Filing Summary

COVEY STEPHEN M R reported acquisition or exercise transactions in this Form 4 filing.

Pennant Group, Inc. director Stephen M. R. Covey reported receiving a grant of 1,900 shares of Common Stock on April 15, 2026. The award was granted at no cash purchase price and increases his directly held position to 42,150 shares of Common Stock.

These granted shares vest in three equal annual installments beginning on April 15, 2027, meaning the award is tied to continued service over time rather than being fully available immediately.

Insider Trade Summary

Grant/Award: 1,900 shares

Grant/Award 1 txn

Insider COVEY STEPHEN M R

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,900	$0.00	$0.00

Holdings After Transaction: Common Stock — 42,150 shares (Direct)

Footnotes (1)

F1. These shares vest in three annual installments beginning April 15, 2027.

Key Figures

Shares granted: 1,900 shares Shares held after grant: 42,150 shares Vesting schedule: 3 annual installments

3 metrics

Shares granted 1,900 shares Common Stock grant on April 15, 2026

Shares held after grant 42,150 shares Direct holdings after transaction

Vesting schedule 3 annual installments Beginning April 15, 2027

Key Terms

Grant, award, or other acquisition, Common Stock, vest

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

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.

vest financial

"These shares vest in three annual installments beginning April 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Pennant Group (PNTG) disclose for Stephen M. R. Covey?

Pennant Group disclosed that director Stephen M. R. Covey received a grant of 1,900 shares of Common Stock. The award was reported as a grant or other acquisition and did not involve an open-market purchase or sale.

How many Pennant Group (PNTG) shares were granted in this Form 4 filing?

The Form 4 shows a grant of 1,900 shares of Pennant Group Common Stock. This equity award was reported with a transaction code indicating a grant, award, or other acquisition, rather than a market trade.

What are Stephen M. R. Covey’s Pennant Group (PNTG) holdings after this grant?

After the 1,900-share grant, Stephen M. R. Covey directly holds 42,150 shares of Pennant Group Common Stock. This total reflects his position immediately following the reported award transaction on April 15, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/17/2026 - 07:01 PM

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^*

COVEY STEPHEN M R

(Last)

(First)

(Middle)

C/O THE PENNANT GROUP, INC.

1675 EAST RIVERSIDE DRIVE, SUITE 150

(Street)

EAGLE

IDAHO

83616

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/15/2026		A		1,900⁽¹⁾	A	$0	42,150	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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

Remarks:

	/s/ Kirk Cheney, as attorney in fact	04/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR