<SEC-DOCUMENT>0001766400-21-000002.txt : 20210108
<SEC-HEADER>0001766400-21-000002.hdr.sgml : 20210108
<ACCEPTANCE-DATETIME>20210108195017
ACCESSION NUMBER:		0001766400-21-000002
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210101
FILED AS OF DATE:		20210108
DATE AS OF CHANGE:		20210108

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Guerisoli Brent
		CENTRAL INDEX KEY:			0001838360

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38900
		FILM NUMBER:		21518809

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		2084011400

	MAIL ADDRESS:	
		STREET 1:		1675 E RIVERSIDE DR
		STREET 2:		SUITE 150
		CITY:			EAGLE
		STATE:			ID
		ZIP:			83616

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Pennant Group, Inc.
		CENTRAL INDEX KEY:			0001766400
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-HEALTH SERVICES [8000]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1675 E. RIVERSIDE DRIVE, SUITE 150
		CITY:			EAGLE
		STATE:			ID
		ZIP:			83616
		BUSINESS PHONE:		2089576025

	MAIL ADDRESS:	
		STREET 1:		1675 E. RIVERSIDE DRIVE, SUITE 150
		CITY:			EAGLE
		STATE:			ID
		ZIP:			83616
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>wf-form3_161015338496820.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
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<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2021-01-01</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001766400</issuerCik>
        <issuerName>Pennant Group, Inc.</issuerName>
        <issuerTradingSymbol>PNTG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001838360</rptOwnerCik>
            <rptOwnerName>Guerisoli Brent</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1675 E RIVERSIDE DR</rptOwnerStreet1>
            <rptOwnerStreet2>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>President</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>34013</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option  (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>5.31</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2015-08-05</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2024-08-05</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2514.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option  (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>7.42</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2016-05-27</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2025-05-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2515.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option  (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>3.84</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2016-05-26</value>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2026-05-26</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>8926.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option  (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>4.54</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2018-05-25</value>
                <footnoteId id="F4"/>
            </exerciseDate>
            <expirationDate>
                <value>2027-05-25</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>12497.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option  (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6.16</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2019-05-31</value>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <value>2028-05-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>14282.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option  (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>15.09</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2020-10-01</value>
                <footnoteId id="F6"/>
            </exerciseDate>
            <expirationDate>
                <value>2029-10-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>65000.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option  (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>27.56</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2020-05-27</value>
                <footnoteId id="F7"/>
            </exerciseDate>
            <expirationDate>
                <value>2030-05-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>20000.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option  (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>37.98</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2021-08-15</value>
                <footnoteId id="F7"/>
            </exerciseDate>
            <expirationDate>
                <value>2030-08-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6000.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option  (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>38.88</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2021-10-28</value>
                <footnoteId id="F7"/>
            </exerciseDate>
            <expirationDate>
                <value>2030-10-28</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>40000.0</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Shares of common stock received in the October 1, 2019 pro rata distribution of shares of The Pennant Group, Inc. (the &quot;Registrant&quot;) by The Ensign Group, Inc. to its stockholders (the &quot;Spin-off&quot;) and shares of Cornerstone Healthcare, Inc. converted into shares of the Registrant pursuant to the merger of Cornerstone Merger Sub, Inc., a wholly-owned subsidiary of the Registrant, with and into Cornerstone Healthcare, Inc., with Cornerstone Healthcare, Inc. as the surviving corporation, in connection with the Spin-off.</footnote>
        <footnote id="F2">Options assumed on October 1, 2019 by the Registrant under The Ensign Group, Inc. 2007 Omnibus Incentive Plan as a result of the Spin-off. The options have vested.</footnote>
        <footnote id="F3">Options assumed on October 1, 2019 by the Registrant under The Ensign Group, Inc. 2007 Omnibus Incentive Plan as a result of the Spin-off. 7,141 of these options have vested. 1,785 of these options will vest on May 26, 2021.</footnote>
        <footnote id="F4">Options assumed on October 1, 2019 by the Registrant under The Ensign Group, Inc. 2007 Omnibus Incentive Plan as a result of the Spin-off. 7,498 of these options have vested. 2,499 of these options will vest on May 25, 2021 and 2,500 of these options will vest on May 25, 2022.</footnote>
        <footnote id="F5">Options assumed on October 1, 2019 by the Registrant under The Ensign Group, Inc. 2007 Omnibus Incentive Plan as a result of the Spin-off. 5,713 of these options have vested. 2,856 of these options will vest on May 31, 2021, 2,856 of these options will vest on May 31, 2022, and 2,857 of these options will vest on May 31, 2023.</footnote>
        <footnote id="F6">Options granted on October 1, 2019 under The Pennant Group, Inc. 2019 Omnibus Incentive Plan. The options vest in five equal annual installments beginning on the first anniversary of the date of the grant. 13,000 of these options have vested.</footnote>
        <footnote id="F7">Options granted on October 1, 2019 under The Pennant Group, Inc. 2019 Omnibus Incentive Plan. The options vest in five equal annual installments beginning on the first anniversary of the date of the grant.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Derek J. Bunker, as attorney-in-fact</signatureName>
        <signatureDate>2021-01-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
