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Gochnour John J – ‘4’ for 3/15/24 re: Pennant Group, Inc.

On:  Tuesday, 3/19/24, at 5:57pm ET   ·   For:  3/15/24   ·   As:  Officer   ·   Accession #:  1766400-24-33   ·   File #:  1-38900

Previous ‘4’:  ‘4’ on 3/7/24 for 3/4/24   ·   Latest ‘4’:  This Filing

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/19/24  Gochnour John J                   4          Officer     1:6K   Pennant Group, Inc.               Pennant Group, Inc.

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      6K 
                Securities by an Insider --                                      
                wk-form4_1710885410.xml/5.8


        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 
 
XML Data rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider — wk-form4_1710885410.xml/5.8
 
                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<ownershipDocument>
<schemaVersion> X0508 </schemaVersion>
<documentType> 4 </documentType>
<periodOfReport> 2024-03-15 </periodOfReport>
<notSubjectToSection16> 0 </notSubjectToSection16>
<issuer>
<issuerCik> 0001766400 </issuerCik>
<issuerName> Pennant Group, Inc. </issuerName>
<issuerTradingSymbol> PNTG </issuerTradingSymbol>
</issuer>
<reportingOwner>
<reportingOwnerId>
<rptOwnerCik> 0001777342 </rptOwnerCik>
<rptOwnerName> Gochnour John J </rptOwnerName>
</reportingOwnerId>
<reportingOwnerAddress>
<rptOwnerStreet1> C/O THE PENNANT GROUP, INC. </rptOwnerStreet1>
<rptOwnerStreet2> 1675 EAST RIVERSIDE DRIVE, SUITE 150 </rptOwnerStreet2>
<rptOwnerCity> EAGLE </rptOwnerCity>
<rptOwnerState> ID </rptOwnerState>
<rptOwnerZipCode> 83616 </rptOwnerZipCode>
<rptOwnerStateDescription></rptOwnerStateDescription>
</reportingOwnerAddress>
<reportingOwnerRelationship>
<isDirector> 0 </isDirector>
<isOfficer> 1 </isOfficer>
<isTenPercentOwner> 0 </isTenPercentOwner>
<isOther> 0 </isOther>
<officerTitle> Chief Operating Officer </officerTitle>
</reportingOwnerRelationship>
</reportingOwner>
<aff10b5One> 0 </aff10b5One>
<nonDerivativeTable>
<nonDerivativeTransaction>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<transactionDate>
<value> 2024-03-15 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> M </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 10700 </value>
<footnoteId id="F1"/>
</transactionShares>
<transactionPricePerShare>
<value> 18.425 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> A </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 119250 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeTransaction>
</nonDerivativeTable>
<derivativeTable>
<derivativeTransaction>
<securityTitle>
<value> Stock Option (right to buy) </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 5.31 </value>
</conversionOrExercisePrice>
<transactionDate>
<value> 2024-03-15 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> M </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 10700 </value>
<footnoteId id="F1"/>
</transactionShares>
<transactionPricePerShare>
<value> 5.31 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> D </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate>
<value> 2019-10-01 </value>
</exerciseDate>
<expirationDate>
<value> 2024-08-05 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 10700 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 5015 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
</derivativeTable>
<footnotes>
<footnote id="F1"> Represents the exercise of an employee option that fully vested in 2019, first became exercisable on August 5, 2015, and expires on August 5, 2024 (to the extent not previously exercised). </footnote>
</footnotes>
<remarks></remarks>
<ownerSignature>
<signatureName> /s/ Kirk Cheney, as attorney in fact </signatureName>
<signatureDate> 2024-03-19 </signatureDate>
</ownerSignature>
</ownershipDocument>


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Filing Submission 0001766400-24-000033   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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