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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 . For the fiscal year ended December 31 , 2020 . TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 . For the transition period from to THE PENNANT GROUP , INC . Delaware ( State or Other Jurisdiction of Incorporation or Organization ) Commission file number : 001-38900 Title of each class Common Stock , par value $ 0.001 per share ( Exact Name of Registrant as Specified in Its Charter ) 1675 East Riverside Drive , Suite 150 , Eagle , ID 83616 ( Address of Principal Executive Offices and Zip Code ) ( 208 ) 506-6100 ( Registrant's Telephone Number , Including Area Code ) Securities registered pursuant to Section 12 ( b ) of the Act : 83-3349931 ( I.R.S. Employer Identification No. ) Trading Symbol ( s ) Name of each exchange on which registered Nasdaq Global Select Market PNTG Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act , or the Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes > No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 the Exchange Act : Smaller reporting company Emerging growth company Large accelerated filer □ Accelerated filer Non - accelerated filer ■ X If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . × Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by a check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . □ Yes > No As of February 24 , 2021 , 28,262,407 shares of the registrant's common stock were outstanding . The aggregate market value of the shares of common stock held by non - affiliates of the registrant on the last business day of the registrant's most recently completed second fiscal quarter ( June 30 , 2020 ) was approximately $ 603,746,000 based upon the closing price of the common stock on such date . For purposes of this calculation , the registrant has excluded the market value of all common stock beneficially owned by all executive officers and directors of the registrant .