Pennant Group (PNTG) CFO awarded new shares and options

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

Walbom Lynette reported acquisition or exercise transactions in this Form 4 filing.

Pennant Group, Inc. Chief Financial Officer Lynette Walbom reported receiving equity awards. On March 3, 2026, she was granted 8,025 shares of common stock at no cost, which vest immediately on that date, bringing her direct common stock holdings to 10,688 shares. On March 5, 2026, she was also granted 34,000 stock options to buy common stock at $33.30 per share, vesting in five equal annual installments beginning March 5, 2027 and expiring March 5, 2036. The amendment corrects the amount of securities beneficially owned as of the reported transaction dates.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Walbom Lynette

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	34,000	$33.30	$1.13M
Grant/Award	Common Stock	8,025	$0.00	--

Holdings After Transaction: Stock Option (right to buy) — 34,000 shares (Direct); Common Stock — 10,688 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

Common shares granted: 8,025 shares Shares held after grant: 10,688 shares Stock options granted: 34,000 options +3 more

6 metrics

Common shares granted 8,025 shares Grant of common stock on March 3, 2026

Shares held after grant 10,688 shares Direct common stock ownership after March 3, 2026 grant

Stock options granted 34,000 options Stock Option (right to buy) granted March 5, 2026

Option exercise price $33.30 per share Exercise price for 34,000 stock options

Option expiration date March 5, 2036 Expiration for the 34,000 stock options

Option vesting schedule 5 equal annual installments Beginning March 5, 2027

Key Terms

Stock Option (right to buy), beneficially owned, grant/award acquisition, vest in five equal annual installments

4 terms

Stock Option (right to buy) financial

"security_title: Stock Option (right to buy)"

beneficially owned financial

"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.

grant/award acquisition financial

"transaction_action: grant/award acquisition"

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^*

Walbom Lynette

(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)
	Chief Financial Officer

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		8,025⁽¹⁾⁽²⁾	A	$0	10,688	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		34,000⁽³⁾		03/05/2027	03/05/2036	Common Stock	34,000	$33.3	34,000	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, 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Pennant Group (PNTG) disclose for its CFO?

Pennant Group’s CFO Lynette Walbom reported equity awards, not open-market trades. She received 8,025 shares of common stock that vested immediately on March 3, 2026, plus 34,000 stock options granted on March 5, 2026 at a $33.30 exercise price.

How many Pennant Group (PNTG) shares does the CFO hold after these grants?

Following the March 3, 2026 stock grant, CFO Lynette Walbom directly holds 10,688 shares of Pennant Group common stock. This figure reflects her updated beneficial ownership as corrected and disclosed in the amended Form 4/A filing.

What are the key terms of the Pennant Group (PNTG) stock options granted to the CFO?

Lynette Walbom received 34,000 stock options on March 5, 2026 with a $33.30 exercise price. The options vest in five equal annual installments starting March 5, 2027 and expire on March 5, 2036, giving her long-term potential ownership.

Did the Pennant Group (PNTG) CFO pay cash for the new common shares?

No cash payment was reported for the 8,025 common shares granted to the CFO on March 3, 2026. The filing shows a transaction price of $0.00 per share, indicating they were awarded as compensation rather than purchased in the market.

Why was this Pennant Group (PNTG) Form 4/A filed as an amendment?

The amended Form 4/A states it was filed to correct the amount of securities beneficially owned as of the transaction dates. This means previously reported ownership totals were adjusted, while the underlying grant details remain as disclosed in the amendment.

When do the Pennant Group (PNTG) CFO’s new equity awards vest?

The 8,025 common shares granted to the CFO vest immediately on March 3, 2026. The 34,000 stock options vest over time in five equal annual installments, beginning on March 5, 2027 and continuing through the remaining scheduled vesting dates.