Pennant Group (PNTG) EVP granted common shares and 30,000-share option

Rhea-AI Filing Summary

Pennant Group, Inc. executive Kirk Sterling Cheney, EVP, General Counsel and Corporate Secretary, reported equity compensation awards. He received 4,085 shares of common stock at no cost, which vest immediately on March 3, 2026, bringing his direct holdings to 21,005 shares.

He was also granted a stock option for 30,000 shares of common stock at an exercise price of $33.30 per share. This option begins vesting in five equal annual installments starting on March 5, 2027 and expires on March 5, 2036, representing a long-term incentive award.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Cheney Kirk Sterling

Role EVP, GC and Corp Secy

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	30,000	$33.30	$999K
Grant/Award	Common Stock	4,085	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 30,000 shares (Direct); Common Stock — 21,005 shares (Direct)

Footnotes (1)

1. These shares vest immediately on March 3, 2026. These shares vest in five equal annual installments beginning March 5, 2027.

Form 4 Insider Transactions: What Each Field Means →

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^*

Cheney Kirk Sterling

(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)
	EVP, GC and Corp Secy

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		4,085(1)	A	$0	21,005	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		30,000(2)		03/05/2027	03/05/2036	Common Stock	30,000	$33.3	30,000	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	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 Kirk Sterling Cheney?

Pennant Group reported that EVP and General Counsel Kirk Sterling Cheney received 4,085 shares of common stock at no cost and a stock option for 30,000 shares at an exercise price of $33.30, both as equity compensation awards.

How many Pennant Group (PNTG) shares does Kirk Sterling Cheney hold after this Form 4?

After the reported grant of 4,085 shares of common stock, Kirk Sterling Cheney directly holds 21,005 shares of Pennant Group common stock. This figure reflects his updated non-derivative ownership position as disclosed in the Form 4 filing.

What are the terms of Kirk Sterling Cheney's new stock option in Pennant Group (PNTG)?

Kirk Sterling Cheney received a stock option covering 30,000 Pennant Group common shares at an exercise price of $33.30 per share. The option vests in five equal annual installments starting March 5, 2027 and expires on March 5, 2036.

When do Kirk Sterling Cheney's newly granted Pennant Group (PNTG) shares vest?

The 4,085 newly granted Pennant Group common shares awarded to Kirk Sterling Cheney vest in full on March 3, 2026. Until vesting, they are subject to service-based conditions described in the Form 4 footnote disclosure.

Is Kirk Sterling Cheney's Pennant Group (PNTG) Form 4 a purchase or compensation grant?

The Form 4 reflects compensation-related grants, not open-market purchases. Kirk Sterling Cheney received 4,085 restricted shares at no cost and a 30,000-share stock option, both reported with code A for grant, award, or other acquisition.