LAHANAS NICHOLAS 4
4 · CENTRAL GARDEN & PET CO · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
CENT CEO Nicholas Lahanas Receives Award, Withholds 1,144 Shares
What Happened Nicholas Lahanas, CEO of Central Garden & Pet Co. (CENTA), was awarded 2,814 performance-based shares on January 30, 2026 (reported as an acquisition/award). To satisfy the tax withholding on that award, he delivered (disposed) 1,144 shares at $30.22 each, generating $34,572. After withholding, the net shares retained from the award were 1,670 shares.
Key Details
- Transaction date: January 30, 2026.
- Award: 2,814 shares granted (reported at $0.00 as an award/settlement).
- Withholding: 1,144 shares delivered/disposed at $30.22 each; total value $34,572 (tax withholding).
- Net shares retained from the grant: 2,814 − 1,144 = 1,670 shares.
- Shares owned after the transaction: not specified on the provided Form 4.
- Footnotes:
- F1: Shares were delivered by the reporting person to pay the withholding tax liability upon settlement of performance share units.
- F2: References the CENTA Stock Fund in the issuer’s 401(k) Plan (units consist of CENTA shares and cash).
- Filing: Report filed Feb 3, 2026 — appears timely (within the SEC two-business-day Form 4 filing window).
Context This was primarily an award/settlement of performance share units, with a routine share-delivery to cover tax withholding (common practice; often called cashless withholding). The grant is an acquisition of shares for the CEO; the disposed shares were surrendered only to meet tax obligations and do not necessarily indicate a voluntary sale or change in investment sentiment.
Insider Transaction Report
- Award
Class A Common Stock
2026-01-30+2,814→ 89,406 total - Tax Payment
Class A Common Stock
[F1]2026-01-30$30.22/sh−1,144$34,572→ 88,262 total
- 3,318.686(indirect: By 401(k))
Units
[F2]
Footnotes (2)
- [F1]Shares delivered by Reporting Person in payment of the withholding tax liability upon settlement of performance share units.
- [F2]The units represent interests in the CENTA Stock Fund in the Issuer's 401(k) Plan, which consist of shares of CENTA stock and cash.