Director at Pennant Group (PNTG) receives 1,900-share equity award

Rhea-AI Filing Summary

Morris Gregory K Sr. reported acquisition or exercise transactions in this Form 4 filing.

Pennant Group, Inc. director Morris Gregory K Sr. received an award of 1,900 shares of common stock as a compensation grant. The grant was at no cash cost per share and increased his directly held position to 35,400 shares. According to the disclosure, these awarded shares will vest in three equal annual installments beginning on April 15, 2027.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Morris Gregory K Sr.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,900	$0.00	--

Holdings After Transaction: Common Stock — 35,400 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 1,900 shares Price per granted share: $0.0000 per share Shares held after transaction: 35,400 shares +2 more

5 metrics

Shares granted 1,900 shares Common Stock award to director on April 15, 2026

Price per granted share $0.0000 per share Compensation grant, not open-market purchase

Shares held after transaction 35,400 shares Director’s direct ownership following the award

Vesting start date April 15, 2027 First of three annual vesting installments

Vesting installments Three annual installments Awarded shares vest over three years beginning 2027

Key Terms

Grant, award, or other acquisition, Common Stock, vesting

3 terms

Grant, award, or other acquisition financial

"The transaction is coded as a grant, award, or other acquisition of shares."

Common Stock financial

"The director received 1,900 shares of Pennant Group 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.

vesting financial

"These shares vest in three annual installments beginning April 15, 2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Morris Gregory K Sr.

(Last) (First) (Middle)

1675 E. 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/15/2026		A		1,900(1)	A	$0	35,400	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares vest in three annual installments beginning April 15, 2027.

Remarks:

	/s/ Kirk Cheney, as attorney in fact	04/17/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did Pennant Group (PNTG) report for Morris Gregory K Sr.?

Pennant Group reported that director Morris Gregory K Sr. received an award of 1,900 shares of common stock. The shares were granted at no cash price and represent a compensation-related acquisition, not an open-market purchase or sale.

How many Pennant Group (PNTG) shares does the director hold after this Form 4?

After the reported grant, Morris Gregory K Sr. directly holds 35,400 shares of Pennant Group common stock. This reflects the addition of 1,900 awarded shares disclosed in the Form 4 insider transaction filing for the director.

What is the vesting schedule for the 1,900-share award at Pennant Group (PNTG)?

The 1,900 awarded shares vest in three equal annual installments beginning April 15, 2027. This means portions of the grant become fully owned each year over three years, aligning the director’s compensation with longer-term company performance.

Was the Pennant Group (PNTG) share award to the director an open-market purchase?

No, the transaction is coded as a grant, award, or other acquisition at a price of $0.0000 per share. It reflects equity compensation granted by Pennant Group rather than an open-market purchase by the director on a stock exchange.

What does transaction code "A" mean in the Pennant Group (PNTG) Form 4?

Transaction code "A" in this Form 4 indicates a grant, award, or other acquisition of shares. For Pennant Group, it shows the director received 1,900 common shares as compensation, which will vest over time instead of being bought in the market.