The physical conditions resulting in the formation and disappearance of penumbral regions are poorly understood. We investigated these conditions by using high-resolution spectropolarimetric observations of a sunspot penumbra from different instruments at ground- and space-based telescopes, namely the SST/CRISP, SDO/HMI, and Hinode/SP. The studied data allowed us to assess the evolution of the magnetic and velocity properties of plasma in the observed region and to analyze the role of several processes found therein. The penumbra forms only on one side of the observed region, characterized by the absence of an overlying magnetic canopy. The penumbra later disappears progressively in time and space. This final evolution of the studied region seems to be governed by the presence of moving magnetic features (MMFs) and of overlying canopies.