Pennant Group, Inc. Chief Operating Officer John J Gochnour filed a Form 4 on October 27, 2026, reporting transactions in Pennant Group common stock dated October 23, 2026, including the exercise of stock options and a related disposition of shares for tax withholding.

Key Highlights

  • Option exercise: Gochnour acquired 5,948 shares of common stock via an option exercise (transaction code M) at a price of $6.10 per share on October 23, 2026.
  • Shares withheld: 6,624 shares were disposed of (transaction code F) at $42.045 per share on October 23, 2026, reducing the position following the exercise.
  • Resulting ownership: Following both transactions, Gochnour directly beneficially owned 144,788 shares of common stock.
  • Option origin: The options exercised were assumed on October 1, 2019 by the registrant under The Ensign Group, Inc. 2007 Omnibus Incentive Plan as a result of the spin-off.
  • Vesting detail: According to the filing, 5,030 of the options had vested, with 2,514 vesting on each of October 26, 2019, October 26, 2020, and October 26, 2021.
  • Remaining derivative securities: After the transaction, Gochnour held 6,624 stock options (right to buy) directly, with an exercise price of $6.10.

Gochnour's October 2026 Option Exercise and Share Disposition at Pennant Group

According to the Form 4 filed with the SEC, John J Gochnour, Chief Operating Officer of Pennant Group, Inc. (NASDAQ:PNTG), reported two transactions in the company's common stock on October 23, 2026. In the first, Gochnour acquired 5,948 shares through the exercise of stock options at a conversion price of $6.10 per share, bringing his directly held position to 151,412 shares following that acquisition.

In the second transaction, 6,624 shares were disposed of at $42.045 per share under transaction code F, which the filing records as shares withheld to satisfy a tax obligation. After this disposal, Gochnour's directly held beneficial ownership stood at 144,788 shares of common stock, as reported in the filing.

The filing notes that the options exercised were originally assumed by the registrant on October 1, 2019, under The Ensign Group, Inc. 2007 Omnibus Incentive Plan in connection with the spin-off. The filing states that 5,030 of these options had vested, with 2,514 vesting on October 26, 2019, 2,514 on October 26, 2020, and 2,514 on October 26, 2021. In Table II, the filing reflects that 6,624 stock options (right to buy) remain directly held by Gochnour following these transactions, with an exercise price of $6.10 and an expiration date of October 26, 2026. The Form 4 was signed by Kirk Cheney as attorney in fact on October 27, 2026.

What Was Disclosed

The filing discloses that COO John J Gochnour exercised 5,948 stock options at $6.10 per share and had 6,624 shares withheld at $42.045 on October 23, 2026, resulting in direct beneficial ownership of 144,788 shares of Pennant Group common stock.