Pennant Group (PNTG) director Stephen M R Covey awarded 1,900 shares
Rhea-AI Filing Summary
The Pennant Group, Inc. director Stephen M R Covey reported receiving an award of 1,900 shares of common stock on January 15, 2026. The transaction was coded as an acquisition at a price of $0 per share, indicating it is part of his equity compensation rather than an open-market purchase. Following this grant, Covey beneficially owns 40,250 shares of Pennant Group common stock in direct ownership.
According to the footnote, these 1,900 shares are subject to vesting conditions and will vest in three annual installments beginning January 15, 2027. This means Covey gains full access to the shares gradually over time, aligning his compensation with longer-term company performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,900 | $0.00 | $0.00 |
Footnotes (1)
- F1. These shares vest in three annual installments beginning January 15, 2027.
FAQ
What insider transaction did Pennant Group (PNTG) report for Stephen M R Covey?
Pennant Group reported that director Stephen M R Covey acquired 1,900 shares of common stock on January 15, 2026 as an equity award.
What is Stephen M R Covey’s role at Pennant Group (PNTG)?
Stephen M R Covey is identified as a director of The Pennant Group, Inc., with the Form 4 indicating the filing is for one reporting person in that capacity.
Is Stephen M R Covey’s ownership in Pennant Group (PNTG) direct or indirect?
The filing classifies his post-transaction ownership of 40,250 shares as direct (D) ownership, with no indirect ownership nature specified.
AI-generated analysis. How Rhea-AI works. Not financial advice.