Pennant Group (PNTG) CFO granted 14,292 shares and 34,000 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pennant Group, Inc. reported that Chief Financial Officer Lynette Walbom received new equity awards. On March 5, 2026, she was granted stock options covering 34,000 shares of common stock at an exercise price of $33.30 per share, vesting in five equal annual installments beginning March 5, 2027. On March 3, 2026, she also received a grant of 14,292 shares of common stock at no cost, which vest immediately on that date, bringing her directly held common shares to 16,955 after the award.
Positive
- None.
Negative
- None.
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 | 14,292 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 34,000 shares (Direct);
Common Stock — 16,955 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 insider transactions did Pennant Group (PNTG) report for CFO Lynette Walbom?
Pennant Group reported that CFO Lynette Walbom received two equity awards: a grant of 14,292 shares of common stock and stock options covering 34,000 shares. Both transactions are classified as acquisition-type awards rather than open-market purchases or sales.
What are the terms of the stock options granted to the Pennant Group (PNTG) CFO?
The CFO was granted stock options for 34,000 shares of Pennant Group common stock at an exercise price of $33.30 per share. These options vest in five equal annual installments starting March 5, 2027 and expire on March 5, 2036, if not exercised earlier.
When do the new Pennant Group (PNTG) equity awards to the CFO vest?
The 14,292 common shares awarded to the CFO vest immediately on March 3, 2026. The 34,000 stock options vest in five equal annual installments beginning March 5, 2027, creating a long-term, time-based vesting schedule extending over several years.
Were the Pennant Group (PNTG) CFO transactions open-market buys or sales?
No, the transactions were not open-market buys or sales. Both are reported with code A as grant or award acquisitions: one grant of common stock and one grant of stock options. The filing does not show any open-market purchasing or selling activity.