Form 4: Central Garden & Pet CFO Nicholas Lahanas Sells 10,000 Shares
SEC Form 4 Filing
Nicholas Lahanas, CFO of Central Garden & Pet Co, sold 10,000 shares of Class A Common Stock at $40.0019 per share on May 15, 2024.
Summary
- On May 15, 2024, Nicholas Lahanas, the Chief Financial Officer of Central Garden & Pet Co, sold 10,000 shares of Class A Common Stock.
- The sale price was $40.0019 per share.
- Following the transaction, Lahanas directly owns 77,528 shares of Class A Common Stock.
- Lahanas also indirectly owns 12,275.69 units through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.
Stakeholder Impact
- Shareholders may react to the news of the CFO's stock sale, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock sale transaction |
| 05/17/2024 | Date of signature on the Form 4 filing |
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