Gochnour John J 4

What Happened

• John J. Gochnour, Chief Operating Officer of Pennant Group (PNTG), was granted equity awards reported on a Form 4. On 2026-03-03 he was issued 18,565 shares (reported at $0.00) that vest immediately. On 2026-03-05 he received a derivative equity grant of 41,000 shares at an indicated price of $33.30 per share, a notional value of $1,365,300.

Key Details

• Filing date / Period of report: Form filed 2026-03-12 covering transactions on 2026-03-03 (and 2026-03-05).
• Transactions:
  • 2026-03-03: Award of 18,565 shares; reported price $0.00; footnote F1 says these shares vest immediately.
  • 2026-03-05: Derivative award of 41,000 shares at $33.30 per share (total $1,365,300); footnote F2 says these vest in five equal annual installments starting March 5, 2027.
• Shares owned after transaction: Not specified in the excerpt provided.
• Filing timeliness: The Form 4 was filed late due to an inadvertent administrative error (reported by the filer).

Context

• These entries are awards/grants (transaction code A), not open-market purchases or sales — they represent compensation or equity-based pay rather than a bullish purchase signal. The 41,000-share item is a derivative grant (shares subject to a multi-year vesting schedule). The late filing is procedural and does not change the substance of the awards but may be relevant for timeliness monitoring of insider disclosures.