Form 4: Central Garden & Pet Co: Officer Hanson Reports Stock Transactions
SEC Form 4
John Edward Hanson, President of Pet Consumer Products at Central Garden & Pet Co, reports the disposal of shares to cover withholding tax liability and holdings in the company's 401(k) plan.
Summary
- On October 1, 2024, John Edward Hanson, President of Pet Consumer Products at Central Garden & Pet Co, disposed of 3,629 shares of Class A Common Stock to cover withholding tax liability at a price of $31.01 per share.
- Following the transaction, Hanson directly owns 25,649.5 shares of Class A Common Stock.
- Hanson also indirectly owns 2,282.69 units through the company's 401(k) plan, which consists of shares of CENTA stock and cash.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transactions appear routine. Therefore, the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It is a standard practice for officers and directors of publicly traded companies.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of stock transaction (disposal of shares). |
| 10/03/2024 | Date of signature on the Form 4 filing. |
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