|Sample knit with Cascade Cash Vero on US Size 10 needles|
My swatch had pretty sloppy/curling edges, so depending on what you use the stitch for, you may want to consider adding a border to neaten things up and help this fabric lay flat.
Multiple of 4 +1
Row 1 (RS): Knit
Row 2: *P4, YO*, end with P1
Row 3: K1 *drop YO from previous row, YO, Sl 1, K3, PSSO*
Row 4: Purl
Repeat these four rows for the pattern.
Here is the video. Happy knitting, and enjoy!