4Filed Aug 9, 8:00 PM ET
Pennant Group (PNTG) EVP/GC Cheney Kirk Sterling Sells 1,393 Shares
$PNTG · Pennant Group, Inc.Research Summary
AI-generated summary of this SEC filing
Pennant Group (PNTG) EVP/GC Cheney Kirk Sterling Sells 1,393 Shares
What Happened
Cheney Kirk Sterling, EVP, General Counsel and Corporate Secretary of Pennant Group (PNTG), sold 1,393 shares on August 6, 2026 at $38.52 per share, for a total reported value of $53,661. The filing lists the transaction as an open market or private sale (code S).
Key Details
- Transaction date and price: 2026-08-06 — 1,393 shares at $38.52 each.
- Total proceeds: $53,661.
- Shares owned after transaction: Not specified in the provided Form 4.
- Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted August 26, 2022.
- Timeliness: Form 4 filed August 10, 2026 for the August 6 transaction (filed within the required reporting window).
Context
This was a sale, not an option exercise or award. Because the sale was executed under a pre-established Rule 10b5-1 plan, it was likely pre-arranged according to that plan’s parameters; such sales are often treated as routine and are less informative about the insider’s view of the company than open-market purchases.