Walbom Lynette 4/A

What Happened

• Lynette Walbom, Chief Financial Officer of Pennant Group (PNTG), received two stock awards in early March 2026. On March 3 she was issued 8,025 shares that vested immediately (reported at $0.00). On March 5 she was awarded a 34,000-share derivative award reported at $33.30 per share, valued at $1,132,200 in total.
• These are award/acquisition transactions (code A). The 8,025 shares were granted and vested immediately; the 34,000-share derivative award is time‑based and will convert to common stock as it vests.

Key Details

• Transaction dates and prices:
  • 2026-03-03: 8,025 shares @ $0.00 (vested immediately).
  • 2026-03-05: 34,000 shares (derivative) @ $33.30 = $1,132,200 total reported value.
• Vesting: 8,025 shares vested immediately (F1). The 34,000-share award vests in five equal annual installments beginning March 5, 2027 (F3).
• Shares owned after transaction: not specified in the filing; this amended Form 4 corrects the previously reported beneficial ownership (F2).
• Filing timeliness: This is an amended filing and was filed late due to an inadvertent administrative error (filing marked late, transactionTimeliness = 'L').

Context

• The March 5 entry is reported as a derivative award (commonly RSUs or similar) that will convert to shares as it vests; it was not a cash purchase or open‑market trade. Awards like these are routine executive compensation and do not by themselves indicate intent to buy or sell additional stock.