Guerisoli Brent 4

What Happened
Brent Guerisoli, CEO of Pennant Group (PNTG), exercised options for 6,248 shares at $4.54 per share (total exercise cost reported as $28,366) on July 10, 2026. The filing also shows an open‑market sale of 3,159 shares at $41.56 each for proceeds of $131,304 the same day. The Form 4 lists a matching disposition of 6,248 shares tied to the exercise (derivative disposition) in the filing.

Key Details

• Transaction date: 2026-07-10. Filing date: 2026-07-14 (filed within the SEC two-business-day window).
• Exercise: 6,248 shares @ $4.54 — $28,366 (acquired).
• Open‑market sale: 3,159 shares @ $41.56 — $131,304 (disposed).
• Derivative disposition: 6,248 shares @ $4.54 — $28,366 (listed as disposed/derivative).
• Shares owned after transaction: not specified in the filed Form 4.
• No 10b5-1 plan, tax‑withholding, or other footnotes were provided in the summary data supplied.

Context
The filing shows an option exercise combined with immediate share sales, which is commonly reported as a cashless exercise or a sale to cover exercise costs and taxes; the filing itself is factual and does not state the insider’s motive. For retail investors, note that exercises convert options into stock (a non‑cash purchase by exercising rights), while the open‑market sale generated the cash proceeds shown above.