Pennant Group (PNTG) director receives 1,900-share stock grant
Rhea-AI Filing Summary
COVEY STEPHEN M R reported acquisition or exercise transactions in this Form 4 filing.
Pennant Group, Inc. director Stephen M R Covey reported an equity compensation grant of 1,900 shares of Common Stock on July 15, 2026. The shares vest in three annual installments beginning July 15, 2027. Following this award, Covey directly holds 44,050 shares of Pennant Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COVEY STEPHEN M R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,900 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 44,050 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,900 shares
Grant price per share: $0.0000 per share
Post-transaction holdings: 44,050 shares
+1 more
4 metrics
Shares granted
1,900 shares
Equity grant of Common Stock to Stephen M R Covey on July 15, 2026
Grant price per share
$0.0000 per share
Stated transaction price for the 1,900-share Common Stock award
Post-transaction holdings
44,050 shares
Total Common Stock directly held by Stephen M R Covey after the grant
Vesting installments
three annual installments
Vesting schedule for the 1,900-share grant beginning July 15, 2027
Key Terms
Grant, award, or other acquisition, non-derivative, Common Stock, vest
4 terms
Grant, award, or other acquisition financial
"Transaction code description: Grant, award, or other acquisition"
non-derivative financial
"Transaction type is reported as non-derivative security"
Common Stock financial
"Security title for the reported transaction is Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"These shares vest in three annual installments beginning July 15, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Pennant Group (PNTG) report for Stephen M R Covey?
Pennant Group reported that director Stephen M R Covey received a grant of 1,900 shares of Common Stock on July 15, 2026. The shares are equity compensation and increase his direct holdings to 44,050 shares after the transaction.
Was Stephen M R Covey’s Pennant Group (PNTG) transaction under a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is explicitly unchecked, indicating this reported equity grant to Stephen M R Covey was not made pursuant to a Rule 10b5-1 trading plan or similar pre-arranged trading agreement.