CENTRAL GARDEN & PET CO·4

Feb 3, 4:10 PM ET

Hanson John Edward 4

Research Summary

AI-generated summary

Updated

CENT (CENTRAL GARDEN & PET) President John Hanson Receives 2,814 Shares

What Happened John Edward Hanson, President of Pet Consumer Products at CENTRAL GARDEN & PET CO (CENT), received 2,814 shares on 2026-01-30 as an award/settlement of performance-based units. To satisfy the withholding tax liability on that settlement, he delivered 1,313 shares (disposed) at an effective price of $30.22 per share, equal to about $39,679. Net of the tax-share delivery, Hanson gained 1,501 shares from the award.

Key Details

  • Transaction date: 2026-01-30 (reported on Form 4 filed 2026-02-03; filing is within the SEC two-business-day window).
  • Award: 2,814 shares (transaction code A; reported $0.00 acquisition price because these were awarded/performance shares).
  • Tax withholding disposal: 1,313 shares at $30.22 each, total value ~$39,679 (transaction code F — shares delivered to pay withholding).
  • Net change: +1,501 shares retained after withholding.
  • Footnotes: F1 corrects a prior transpositional error; F2 Hanson disclaims beneficial ownership of shares held by a family trust except for pecuniary interest; F3 confirms shares were delivered to pay withholding upon settlement of performance share units; F4 describes CENTA Stock Fund holdings in the company 401(k) plan (contextual).
  • Shares owned after the transaction are not explicitly stated on the Form 4.

Context This filing reflects the settlement of performance share units (an award) and routine delivery of shares to cover withholding taxes — a common, administrative use of awarded shares rather than an open-market sale. Such tax-withholding dispositions (code F) are standard and do not necessarily indicate a change in insider sentiment.