Form 4: Central Garden & Pet Co. Chairman William E. Brown Reports Stock Transactions

William E. Brown, Chairman of Central Garden & Pet Co., reports the withholding of shares to cover tax liabilities upon the vesting of restricted stock.

Summary

• On January 20, 2021, William E. Brown had 1,147 shares of Class Common Stock withheld by the issuer to cover withholding tax liabilities at a price of $31.15 per share, resulting in a holding of 1,100,285 shares.
• On February 9, 2025, 2,957 shares of Class A Common Stock were withheld for tax liabilities at $32.79 per share, leaving a balance of 1,097,328 shares.
• On February 10, 2025, a further 1,796 shares of Class A Common Stock were withheld for tax liabilities at $32.79 per share, resulting in a holding of 1,095,532 shares.
• Additionally, 387,103 shares of Class A Common Stock are held indirectly through irrevocable trusts.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which is a normal part of corporate governance and regulatory compliance.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they relate to tax obligations of an executive.

Key Dates