[SCHEDULE 13G/A] The Pennant Group, Inc. SEC Filing
Pennant Group, Inc. Schedule 13G/A reports that FMR LLC and Abigail P. Johnson together beneficially hold 1,071,334.13 shares of Pennant Group common stock, representing 3.1% of the class. The filing shows FMR LLC has sole voting power over 1,068,803 shares and sole dispositive power over 1,071,334.13 shares; Abigail P. Johnson reports sole dispositive power for the same aggregate amount and no voting power. The filing is dated as an event on 08/29/2025 and signed on 09/05/2025. The Schedule references Exhibit 99 for a 13d-1(k)(1) agreement and incorporates powers of attorney by reference.
- Transparent disclosure of beneficial ownership showing aggregate 1,071,334.13 shares (3.1%)
- Clear reporting of voting and dispositive power breakdown between FMR LLC and Abigail P. Johnson
- None.
Insights
TL;DR: Large institutional holder reports a passive 3.1% stake; disclosure confirms voting and dispositive power split.
The filing documents a 3.1% beneficial stake in Pennant Group by FMR LLC and Abigail P. Johnson, below the 5% threshold that typically triggers greater scrutiny. FMR LLC reports nearly identical dispositive power to the aggregate beneficial ownership and almost all voting power (1,068,803 shares), while Abigail P. Johnson reports dispositive but not voting power. This indicates a reported passive holding under Rule 13d-1 and no stated intent to influence control. The disclosure and referenced exhibits provide the formal basis for authority and any inter-party agreement.
TL;DR: Governance filing shows no change in control; ownership is disclosed and documented through referenced exhibits.
The Schedule 13G/A classifies the positions as passive (Rule 13d-1 filing), with explicit statements that the securities were not acquired to change or influence control. The document identifies FMR LLC as the reporting entity and Abigail P. Johnson as an individual reporting person, and cites Exhibit 99 and prior powers of attorney for authority. From a governance perspective, disclosure is complete for the reported positions and includes required certifications.