Pennant Group (PNTG) EVP granted 30,000 options and 2,874 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

Pennant Group, Inc. reported that EVP, General Counsel and Corporate Secretary Kirk Sterling Cheney received equity awards and corrected prior ownership data. On March 3, 2026, he acquired 2,874 shares of common stock as a grant that vests immediately on that date, bringing his direct common stock holdings to 19,794 shares. On March 5, 2026, he was granted a stock option covering 30,000 shares of common stock at an exercise price of $33.30 per share, vesting in five equal annual installments beginning March 5, 2027 and expiring March 5, 2036. The amendment states it is being filed to correct the amount of securities beneficially owned as of the earlier transaction date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Cheney Kirk Sterling

Role EVP, GC and Corp Secy

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	30,000	$33.30	$999K
Grant/Award	Common Stock	2,874	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 30,000 shares (Direct); Common Stock — 19,794 shares (Direct)

Footnotes (1)

These shares vest immediately on March 3, 2026. This amendment is being filed to correct the amount of securities beneficially owned as of the transaction date reported above. These shares vest in five equal annual installments beginning March 5, 2027.

Key Figures

Stock option grant size: 30,000 shares Option exercise price: $33.30 per share Option expiration: March 5, 2036 +2 more

5 metrics

Stock option grant size 30,000 shares Stock Option (right to buy) granted March 5, 2026

Option exercise price $33.30 per share Exercise price for 30,000-share option grant

Option expiration March 5, 2036 Expiration date of stock option grant

Immediate stock grant 2,874 shares Common stock grant vesting immediately on March 3, 2026

Shares held after grant 19,794 shares Total common stock directly owned after March 3, 2026 grant

Key Terms

Stock Option (right to buy), Grant, award, or other acquisition, beneficially owned, vest in five equal annual installments

4 terms

Stock Option (right to buy) financial

"security_title: "Stock Option (right to buy)""

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

beneficially owned financial

"to correct the amount of securities beneficially owned as of the transaction date"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

vest in five equal annual installments financial

"These shares vest in five equal annual installments beginning March 5, 2027."

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 07:01 PM

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^*

Cheney Kirk Sterling

(Last)

(First)

(Middle)

1675 E. RIVERSIDE DR

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, GC and Corp Secy

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

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)
03/12/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/03/2026		A		2,874⁽¹⁾⁽²⁾	A	$0	19,794	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (right to buy)	$33.3	03/05/2026		A		30,000⁽³⁾		03/05/2027	03/05/2036	Common Stock	30,000	$33.3	30,000	D

Explanation of Responses:

1. These shares vest immediately on March 3, 2026.

2. This amendment is being filed to correct the amount of securities beneficially owned as of the transaction date reported above.

3. These shares vest in five equal annual installments beginning March 5, 2027.

Remarks:

The Form 4 is being filed late due to inadvertent administrative error.

	/s/ Kirk Cheney	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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider equity awards did Pennant Group (PNTG) report for Kirk Sterling Cheney?

Pennant Group reported that EVP and General Counsel Kirk Sterling Cheney received a grant of 2,874 common shares and a stock option for 30,000 shares at $33.30. These awards increase his direct equity-based exposure to the company.

How many Pennant Group (PNTG) stock options were granted and at what price?

Kirk Sterling Cheney received a stock option covering 30,000 shares of Pennant Group common stock with an exercise price of $33.30 per share. This option gives him the right to buy those shares at that fixed price once vested.

When do Kirk Sterling Cheney’s new Pennant Group (PNTG) options vest and expire?

The 30,000-share stock option vests in five equal annual installments starting March 5, 2027. The option expires on March 5, 2036, providing a long-term incentive window tied to Pennant Group’s stock performance.

What immediate stock grant did Kirk Sterling Cheney receive from Pennant Group (PNTG)?

He received 2,874 shares of Pennant Group common stock as a grant dated March 3, 2026. The footnotes state these shares vest immediately on that date, making them fully earned and included in his direct holdings.

How many Pennant Group (PNTG) common shares does Kirk Sterling Cheney hold after the grant?

Following the March 3, 2026 stock grant, Kirk Sterling Cheney directly holds 19,794 shares of Pennant Group common stock. This figure reflects his updated beneficial ownership as corrected and reported in the amended Form 4.

Why did Pennant Group (PNTG) file this Form 4/A amendment for Kirk Sterling Cheney?

The amendment states it was filed to correct the amount of securities beneficially owned as of the earlier March 3, 2026 transaction date. This ensures the reported ownership accurately reflects his true holdings after the equity grants.