What is the role of the Nackel Family Trust in Pennant Group (PNTG) share ownership?

The Nackel Family Trust dated June 30, 1997 holds 2,700 Pennant Group shares indirectly for John G. Nackel. The filing notes that Dr. Nackel and his spouse share voting and investment power over the trust, giving them joint authority over those shares.

Pennant Group (PNTG) director receives 1,900-share equity award grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nackel John G. reported acquisition or exercise transactions in this Form 4 filing.

Pennant Group director John G. Nackel received a grant of 1,900 shares of Common Stock as an equity award. The grant was recorded at a price of $0.0000 per share and is compensation-related rather than an open-market purchase.

These 1,900 shares vest in three annual installments beginning April 15, 2027, meaning the award will become fully owned over time if service conditions are met. Following this grant, Nackel holds 172,665 shares directly and 2,700 shares indirectly through the Nackel Family Trust dated June 30, 1997, where he and his spouse share voting and investment power.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Nackel John G.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,900	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 172,665 shares (Direct); Common Stock — 2,700 shares (Indirect, By Nackel Family Trust dated June 30, 1997)

Footnotes (1)

These shares vest in three annual installments beginning April 15, 2027. These shares are held by the Nackel Family Trust dated June 30, 1997. Dr. Nackel and his spouse share voting and investment power over the trust.

Key Figures

Equity award size: 1,900 shares Grant price: $0.0000 per share Direct holdings after grant: 172,665 shares +2 more

5 metrics

Equity award size 1,900 shares Grant of Common Stock to director John G. Nackel

Grant price $0.0000 per share Recorded price for the stock grant, indicating compensation award

Direct holdings after grant 172,665 shares Common Stock directly held by John G. Nackel after the transaction

Indirect trust holdings 2,700 shares Shares held by Nackel Family Trust dated June 30, 1997

Vesting start date April 15, 2027 First vesting date for the 1,900-share equity award

Key Terms

Grant, award, or other acquisition, Common Stock, vesting, Nackel Family Trust dated June 30, 1997, +1 more

5 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

vesting financial

"These shares vest in three annual installments beginning April 15, 2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Nackel Family Trust dated June 30, 1997 financial

"These shares are held by the Nackel Family Trust dated June 30, 1997."

voting and investment power financial

"Dr. Nackel and his spouse share voting and investment power over the trust."

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 07:02 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^*

Nackel John G.

(Last)

(First)

(Middle)

C/O THE PENNANT GROUP, INC.

1675 EAST RIVERSIDE DRIVE, 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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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)

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	04/15/2026		A		1,900⁽¹⁾	A	$0	172,665	D
Common Stock								2,700	I⁽²⁾	By Nackel Family Trust dated June 30, 1997

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)

Explanation of Responses:

1. These shares vest in three annual installments beginning April 15, 2027.

2. These shares are held by the Nackel Family Trust dated June 30, 1997. Dr. Nackel and his spouse share voting and investment power over the trust.

Remarks:

	/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 did Pennant Group (PNTG) director John G. Nackel report in this Form 4?

John G. Nackel reported an equity award of 1,900 shares of Pennant Group Common Stock. The filing classifies this as a grant or award acquisition, not an open-market purchase or sale, reflecting routine director compensation in stock rather than cash.

How many Pennant Group (PNTG) shares did John G. Nackel receive and at what price?

He received 1,900 shares of Common Stock at a recorded price of $0.0000 per share. This zero price indicates a compensatory grant rather than a market transaction, aligning with the description as a grant, award, or other acquisition for director service.

What is the vesting schedule for John G. Nackel’s new Pennant Group (PNTG) shares?

The 1,900 granted shares vest in three annual installments beginning April 15, 2027. This means portions of the award will become fully owned over three years, encouraging ongoing board service and long-term alignment with shareholder interests.

How many Pennant Group (PNTG) shares does John G. Nackel hold after this transaction?

After the grant, he holds 172,665 shares directly. In addition, a separate line shows 2,700 shares held indirectly by the Nackel Family Trust dated June 30, 1997, where he and his spouse share voting and investment power over the trust’s holdings.