Form 4: Central Garden & Pet Co: Chairman William E. Brown Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Chairman William E. Brown reports a transaction involving Class A Common Stock held in family irrevocable trusts.
Summary
- On March 3, 2025, William E. Brown, Chairman of Central Garden & Pet Co, reported a change in beneficial ownership of Class A Common Stock.
- The transaction involved a distribution of 1,920 shares from a family irrevocable trust to a beneficiary.
- Following the transaction, Brown directly owns 1,130,365 shares of Class A Common Stock.
- Brown indirectly owns 385,183 shares through irrevocable trusts.
- Brown disclaims beneficial ownership of the shares held by the irrevocable trusts except to the extent of his and his wife's pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of key individuals within the company.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a transfer of shares within a family trust and does not significantly alter the overall ownership structure of the company.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Distribution of shares from family irrevocable trust |
| 03/04/2025 | Date of signature |
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