Christensen Christopher R. 4

What Happened

• Christopher R. Christensen, a director of Pennant Group, was granted 1,900 shares as an award on April 15, 2026. The reported acquisition price is $0.00 (award/grant).

Key Details

• Transaction date: 2026-04-15; reported on Form 4 filed 2026-04-17 (timely filing).
• Shares granted: 1,900; acquisition code: A (award/grant); price reported: $0.00.
• Vesting: These shares vest in three annual installments beginning April 15, 2027 (footnote F1).
• Shares owned after transaction: the filing indicates Mr. Christensen directly and indirectly holds/controls 623,347 shares (breakdown in footnote F2: 481,149 held by Hobble Creek Investments, LLC; 138,027 by The Christopher R. Christensen 2020 Irrevocable Trust; 2,171 directly by his spouse; 2,000 held by former spouse as custodian).
• Other note: Mr. Christensen’s former spouse holds voting and investment power over the shares held for their minor children (footnote F2).

Context

• This was a compensation award (restricted shares), not an open-market purchase or sale. Such grants are routine for executives/directors and reflect compensation rather than an immediate bullish market bet. The shares are subject to multi-year vesting, so they are not immediately liquid.