Form 4: Central Garden & Pet Co. Executive John Hanson Reports Stock Sale
SEC Form 4 Filing
John Hanson, President of Pet Consumer Products at Central Garden & Pet Co., reported the sale of 9,375 shares of Class A Common Stock at $32 per share on May 13, 2025.
Summary
- On May 13, 2025, John Edward Hanson, President of Pet Consumer Products at Central Garden & Pet Co., reported a transaction involving the company's Class A Common Stock.
- Hanson sold 9,375 shares at a price of $32 per share.
- Following the transaction, Hanson directly owns 45,080 shares of Class A Common Stock.
- He also indirectly owns 8,984.25 shares through the Hanson Family Trust and 2,596.16 units through the company's 401(k) Plan.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, which can be closely watched by investors for signals about a company's prospects. It is common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive can sometimes be perceived negatively by shareholders, as it might be interpreted as a lack of confidence in the company's future performance, although this is a common practice for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 01/19/2024 | Date of the Hanson Family Trust |
| 05/13/2025 | Date of the stock transaction |
| 05/15/2025 | Date of the signature on the Form 4 filing |
Keywords
Form 4, CENT, Central Garden & Pet Co, John Hanson, Stock Sale, Beneficial Ownership, Class A Common Stock
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