Form 4: Central Garden & Pet Co: Chairman William E. Brown Reports Stock Disposal
SEC Form 4 Filing
William E. Brown, Chairman of Central Garden & Pet Co, reported the disposal of 1,842 shares of Class A Common Stock.
Summary
- On May 31, 2024, William E. Brown, Chairman of Central Garden & Pet Co, reported a transaction involving Class A Common Stock.
- He disposed of 1,842 shares at a price of $0.
- Following the transaction, Brown directly owns 1,187,773 shares of Class A Common Stock.
- Additionally, 384,603 shares are indirectly owned through Irrevocable Trusts.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction. The sentiment is neither positive nor negative as it simply reflects a change in ownership.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates changes in William E. Brown's ownership of Central Garden & Pet Co stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, depending on the reasons behind the stock disposal and market perception.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction involving Class A Common Stock. |
| 06/04/2024 | Date of signature on the report. |
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