Pennant Group (PNTG) director receives 1,900-share restricted stock award
Rhea-AI Filing Summary
Pennant Group, Inc. director Morris Gregory K Sr. reported receiving a grant of company common stock. On January 15, 2026, he was awarded 1,900 shares of Pennant Group common stock at a reported price of $0 per share, indicating a stock award rather than an open-market purchase. After this transaction, he beneficially owned 33,500 common shares in total on a direct basis.
The filing notes that these awarded shares vest in three annual installments beginning January 15, 2027, meaning the director gains full ownership rights to the award gradually over three years.
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FAQ
What insider transaction did Pennant Group (PNTG) report in this Form 4?
The Form 4 reports that director Morris Gregory K Sr. received an award of 1,900 shares of Pennant Group common stock on January 15, 2026.
At what price were the Pennant Group (PNTG) shares granted to the director?
The 1,900 common shares were reported with a transaction price of $0 per share, consistent with a stock award rather than a market purchase.
How many Pennant Group (PNTG) shares does the director own after this transaction?
Following the reported stock award, Morris Gregory K Sr. beneficially owns 33,500 shares of Pennant Group common stock on a direct basis.
What is the vesting schedule for the 1,900-share award at Pennant Group (PNTG)?
The filing states that the 1,900 shares vest in three annual installments, beginning on January 15, 2027.
Is the Pennant Group (PNTG) Form 4 transaction a purchase or an award?
The transaction is coded as "A" (acquired) with a $0 per share price and a vesting schedule, indicating it is a stock award to the director.
Does the Pennant Group (PNTG) director hold these shares directly or indirectly?
The Form 4 lists the ownership form as Direct (D), meaning the 33,500 shares are held directly by Morris Gregory K Sr.