Director at Pennant Group (PNTG) receives 2,400-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lamb Scott E reported acquisition or exercise transactions in this Form 4 filing.
Pennant Group, Inc. director Scott E. Lamb reported receiving a grant of 2,400 shares of Common Stock as a share award. The grant was at no cash cost per share. Following this award, his directly held position increased to 56,535 shares.
According to the accompanying note, the 2,400 granted shares will vest in three equal annual installments beginning April 15, 2027, meaning the award is subject to a multi-year service-based vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lamb Scott E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,400 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 56,535 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 2,400 shares
Post-transaction holdings: 56,535 shares
Grant price per share: $0.0000 per share
3 metrics
Shares granted
2,400 shares
Common Stock award to director on April 15, 2026
Post-transaction holdings
56,535 shares
Director’s directly held Common Stock after grant
Grant price per share
$0.0000 per share
Reported transaction price for the stock award
Key Terms
Common Stock, Grant, award, or other acquisition, vest
3 terms
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vest financial
"These shares vest in three annual installments beginning April 15, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did PNTG director Scott E. Lamb report?
Director Scott E. Lamb reported receiving a grant of 2,400 shares of Pennant Group, Inc. Common Stock. The award was recorded on a Form 4 and increased his directly held stake to 56,535 shares immediately after the transaction.
What are Scott E. Lamb’s holdings in PNTG after this grant?
After the reported grant, Scott E. Lamb directly holds 56,535 shares of Pennant Group, Inc. Common Stock. This figure reflects his position immediately following the award transaction disclosed in the Form 4 insider filing.