PNTG - John Gochnour Exercises Options Realizes $89K | Benzinga
A significant insider transaction involving the exercise of company stock options was reported on June 11, by John Gochnour, Chief Operating Officer at Pennant Gr (NASDAQ:PNTG), as per the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday revealed that Gochnour, Chief Operating Officer at Pennant Gr in the Health Care sector, exercised stock options for 5,015 shares of PNTG stock. The exercise price of the options was $5.31 per share.
Currently, Pennant Gr shares are trading down 0.0%, priced at $23.19 during Wednesday's morning. This values Gochnour's 5,015 shares at $89,668.
Unveiling the Story Behind Pennant Gr
Pennant Group Inc is engaged in providing healthcare services to patients of all ages, including the growing senior population, in the United States. It operates in multiple lines of business including home health, hospice, and senior living which includes the company's assisted living, independent living, and memory care communities across Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The company generates majority of its revenue from home health and hospice services segment, which includes its home health, hospice and home care businesses.
Pennant Gr's Economic Impact: An Analysis
Revenue Growth: Pennant Gr's revenue growth over a period of 3 months has been noteworthy. As ...