Pennant Group (PNTG) COO receives stock grant and 41,000-share option award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pennant Group Chief Operating Officer John J. Gochnour received new equity awards. On March 3, 2026, he acquired 18,565 shares of common stock as a grant at no cost, bringing his direct common stock holdings to 152,815 shares. On March 5, 2026, he was granted options to buy 41,000 shares of common stock at $33.30 per share, exercisable until March 5, 2036. The 18,565-share grant vests immediately on March 3, 2026, while the 41,000 stock options vest in five equal annual installments beginning March 5, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gochnour John J
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 41,000 | $33.30 | $1.37M |
| Grant/Award | Common Stock | 18,565 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 41,000 shares (Direct);
Common Stock — 152,815 shares (Direct)
Footnotes (1)
- These shares vest immediately on March 3, 2026. These shares vest in five equal annual installments beginning March 5, 2027.
FAQ
What equity awards did Pennant Group (PNTG) COO John Gochnour receive?
John Gochnour received 18,565 shares of common stock as a grant and stock options for 41,000 shares at $33.30 per share, providing a mix of immediate ownership and long-term incentive tied to future share price performance.
What are the vesting terms of the Pennant Group (PNTG) COO’s new awards?
The 18,565-share common stock grant vests immediately on March 3, 2026. The option grant for 41,000 shares vests in five equal annual installments starting March 5, 2027, spreading the incentive over several years to encourage long-term retention.
What is the exercise price and expiration date of the PNTG COO’s new options?
The new stock options allow John Gochnour to buy 41,000 Pennant Group shares at $33.30 each. These options remain exercisable until March 5, 2036, giving a long window for potential exercise depending on future company and share price performance.
Are the recent Pennant Group (PNTG) COO transactions open-market buys or compensation grants?
Both transactions are compensation-related grants, not open-market purchases. The filing labels them as awards under transaction code “A,” indicating they were granted by the company as part of his compensation package rather than bought in the market.