Pennant Group Inc
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
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Item 5. Other Information
Rule 10b5-1 Plan Election
Jason P. Steik, Chief Clinical Officer, entered into a Rule 10b5-1 trading arrangement on August 16, 2024 (the “Rule 10b5-1 Plan”). Mr. Steik’s 10b5-1 Plan provides for the potential sale of only the number of shares of the Company’s common stock necessary to cover the tax obligations generated by the vesting of 8,400 shares of the Company’s common stock between the adoption date of the Rule 10b5-1 Plan and its expiration on July 30, 2027.
This Rule 10b5-1 trading arrangement was entered into during open trading windows and is intended to satisfy the affirmative defense conditions of Rule 10b5-1 (c) under the Securities Exchange Act of 1934, as amended, and the Company's policies regarding transactions in Company securities.
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