SMITH BARRY M 4

What Happened

• Barry M. Smith, a director of Pennant Group, Inc. (PNTG), received a grant of 1,900 shares on January 15, 2026. The filing reports an acquisition price of $0.00 per share (total $0), reflecting an equity award rather than an open-market purchase.
• This transaction is an award/grant (code A), not a sale or market purchase; it represents compensation equity rather than an immediate cash investment or disposition.

Key Details

• Transaction date: 2026-01-15; Form 4 filed: 2026-01-21 (appears later than the usual 2-business-day Form 4 deadline).
• Shares granted: 1,900; reported acquisition price: $0.00 per share; reported total cost: $0.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: These shares vest in three annual installments beginning January 15, 2027.
• No 10b5-1 plan, tax withholding, or immediate sale noted in the filing.

Context

• This is a grant of equity (likely restricted stock or RSUs) that vests over time; such awards are common for director compensation and do not by themselves signal a buy/sell decision by the insider.
• The filing date (Jan 21) is several days after the transaction date (Jan 15); Form 4s are normally due within two business days of the transaction, so this filing appears untimely.