Lamb Scott E 4
Research Summary
AI-generated summary
Pennant Group Director Scott Lamb Receives 2,400-Share Award
What Happened Scott Lamb, a director of Pennant Group, Inc. (PNTG), received a grant of 2,400 shares on January 15, 2026. The shares were reported as acquired at $0.00 (an award/grant rather than a market purchase), so the filing shows no cash outlay. The award is subject to a vesting schedule in three annual installments beginning January 15, 2027.
Key Details
- Transaction date and type: 2026-01-15 — Grant/Award (code A), 2,400 shares at $0.00.
- Vesting: Shares vest in three annual installments starting Jan 15, 2027 (per footnote).
- Shares owned after transaction: Not specified in the provided filing data.
- Filing timing: Form filed 2026-01-21 for a Jan 15 transaction — this appears to be more than two business days after the transaction, so the disclosure was submitted later than the typical Form 4 deadline.
Context
- This was a compensation award (restricted shares), not an open-market purchase or sale; such awards are common for directors and do not necessarily signal immediate buying or selling intent.
- Because the shares vest over time, they are not all immediately available for sale and are intended as long-term compensation.