Form 4: Central Garden & Pet Co. Executive Joyce M. McCarthy Reports Stock Transaction
SEC Form 4 Filing
Joyce M. McCarthy, General Counsel of Central Garden & Pet Co., reports disposition of shares to cover withholding tax liability upon vesting of restricted stock and holdings in the company's 401(k) plan.
Summary
- On February 6, 2025, Joyce M. McCarthy, General Counsel of Central Garden & Pet Co., disposed of 631 shares of Class A Common Stock to cover withholding tax liability upon the vesting of restricted stock.
- The transaction was executed at a price of $34.04 per share.
- Following the transaction, McCarthy directly owns 10,921 shares of Class A Common Stock.
- McCarthy also indirectly owns 1,031 units through the company's 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral filing related to an insider transaction for tax purposes, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of stock transaction (disposal of shares). |
| 02/07/2025 | Date of signature on the Form 4 filing. |
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