Pennant Group EVP receives stock and option grants
Pennant Group, Inc. executive Kirk Sterling Cheney, EVP, General Counsel and Corporate Secretary, reported equity compensation awards.
Sentiment and the balance of points
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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
| 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 | $0.00 |
Footnotes (2)
- F1. These shares vest immediately on March 3, 2026.
- F2. These shares vest in five equal annual installments beginning March 5, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Pennant Group (PNTG) report for Kirk Sterling Cheney?
What are the terms of Kirk Sterling Cheney's new stock option in Pennant Group (PNTG)?
Is Kirk Sterling Cheney's Pennant Group (PNTG) Form 4 a purchase or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.