COVEY STEPHEN M R 4

What Happened

• Stephen M.R. Covey, a director of Pennant Group, Inc. (PNTG), was granted 1,900 shares on January 15, 2026. The filing reports an acquisition price of $0.00 for a total reported value of $0. This is an equity award/grant (not a market purchase or sale).

Key Details

• Transaction date: 2026-01-15; Filing date (Form 4): 2026-01-21.
• Reported transaction: Grant/Award (code A) — 1,900 shares @ $0.00 (total $0).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: These shares vest in three annual installments beginning January 15, 2027.
• Timeliness: Form 4 was filed six days after the transaction date, which appears later than the typical 2-business-day SEC filing requirement for insiders.

Context

• This was a compensation-related equity award rather than an open-market buy or sale; such grants are typically subject to vesting and do not necessarily signal immediate trading intent. The $0 acquisition price and the multi-year vesting schedule mean the award becomes valuable to the insider only as it vests.