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Pennant Group (PNTG) director awarded 1,900 shares, holds 145,991 direct

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Form Type
4

Rhea-AI Filing Summary

Christensen Christopher R. reported acquisition or exercise transactions in this Form 4 filing.

Pennant Group, Inc. director Christopher R. Christensen received an award of 1,900 shares of common stock at no cost, vesting in three annual installments beginning July 15, 2027. After this grant, he holds 145,991 shares directly and 623,347 shares indirectly through Hobble Creek Investments, LLC, a 2020 irrevocable trust, and family accounts; his former spouse holds voting and investment power over 2,000 shares held for their minor children.

Positive

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Insider Christensen Christopher R.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 1,900 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 145,991 shares (Direct); Common Stock — 623,347 shares (Indirect, See Footnote)
Footnotes (1)
  1. These shares vest in three annual installments beginning July 15, 2027. Of these shares, 481,149 shares are held by Hobble Creek Investments, LLC, of which Mr. Christensen is the sole member, 138,027 shares are directly owned by The Christopher R. Christensen 2020 Irrevocable Trust and indirectly by Mr. Christensen's spouse, as trustee of the trust, 2,171 shares are held directly by Mr. Christensen's spouse, and 2,000 shares are held by Mr. Christensen's former spouse as custodian for their minor children under the California Uniform Transfers to Minors Act. Mr. Christensen's former spouse holds voting and investment power over the shares held for their children.
Shares granted 1,900 shares Award of common stock to director Christopher R. Christensen on 2026-07-15
Grant price $0.0000 per share Reported price per share for the 1,900-share stock award
Direct holdings after grant 145,991 shares Common stock directly owned by Christensen following the reported award
Indirect holdings 623,347 shares Common stock indirectly held via entities and family accounts
Hobble Creek Investments, LLC holdings 481,149 shares Shares held by Hobble Creek Investments, LLC, where Christensen is the sole member
2020 Irrevocable Trust holdings 138,027 shares Shares held by The Christopher R. Christensen 2020 Irrevocable Trust
Spouse direct holdings 2,171 shares Shares held directly by Christensen's spouse
Children’s custodial holdings 2,000 shares Shares held by former spouse as custodian for minor children
Irrevocable Trust financial
"directly owned by The Christopher R. Christensen 2020 Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
California Uniform Transfers to Minors Act regulatory
"held by Mr. Christensen's former spouse as custodian for their minor children under the California Uniform Transfers to Minors Act"
voting and investment power financial
"Mr. Christensen's former spouse holds voting and investment power over the shares held for their children"

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FAQ

What insider transaction did Pennant Group (PNTG) report for Christopher R. Christensen?

Pennant Group reported that Christopher R. Christensen received a grant of 1,900 shares of common stock at $0.0000 per share. These shares are a stock award that will vest over time rather than an open-market purchase or sale.

How many Pennant Group (PNTG) shares does Christensen own after this Form 4 filing?

Following the reported grant, Christensen owns 145,991 shares of Pennant Group common stock directly and 623,347 shares indirectly. The indirect holdings are spread across an LLC he solely owns, a 2020 irrevocable trust, and shares held by his spouse and former spouse.

When do the newly granted Pennant Group (PNTG) shares to Christensen vest?

The 1,900 granted shares vest in three annual installments beginning on July 15, 2027. This means one-third of the award becomes fully owned each year over a three-year period, subject to the applicable vesting conditions.

How are Christopher R. Christensen’s indirect Pennant Group (PNTG) holdings structured?

Christensen’s indirect holdings total 623,347 shares, including 481,149 shares held by Hobble Creek Investments, LLC, 138,027 shares in a 2020 irrevocable trust, 2,171 shares held by his spouse, and 2,000 shares held by his former spouse as custodian for their minor children.

Who has voting and investment power over Pennant Group (PNTG) shares held for Christensen’s minor children?

Christensen’s former spouse holds voting and investment power over 2,000 shares of Pennant Group common stock. Those shares are held for their minor children under the California Uniform Transfers to Minors Act, with the former spouse acting as custodian.
SEC Form 4
FORM 4UNITED 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*
Christensen Christopher 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/15/2026A1,900(1)A$0145,991D
Common Stock623,347ISee Footnote(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares vest in three annual installments beginning July 15, 2027.
2. Of these shares, 481,149 shares are held by Hobble Creek Investments, LLC, of which Mr. Christensen is the sole member, 138,027 shares are directly owned by The Christopher R. Christensen 2020 Irrevocable Trust and indirectly by Mr. Christensen's spouse, as trustee of the trust, 2,171 shares are held directly by Mr. Christensen's spouse, and 2,000 shares are held by Mr. Christensen's former spouse as custodian for their minor children under the California Uniform Transfers to Minors Act. Mr. Christensen's former spouse holds voting and investment power over the shares held for their children.
Remarks:
/s/ Kirk Cheney, as attorney in fact07/17/2026
** Signature of Reporting PersonDate
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)