Form 4: Central Garden & Pet Co. Executive Reports Stock Transaction

John Edward Hanson, President of Pet Consumer Products at Central Garden & Pet Co., reports a transaction involving Class A Common Stock to cover withholding tax liability.

Summary

• On February 6, 2025, John Edward Hanson, President of Pet Consumer Products at Central Garden & Pet Co., engaged in a transaction involving the company's Class A Common Stock.
• The transaction involved the disposal of 897 shares at a price of $34.04 per share to cover withholding tax liability upon the vesting of restricted stock.
• Following the transaction, Hanson directly owns 24,752 shares of Class A Common Stock.
• Hanson also indirectly owns 2,282.69 units through the company's 401(k) plan, which includes shares of CENTA stock and cash.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of insiders.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being sold by an executive to cover tax obligations.

Key Dates