Hanson John Edward 4
Research Summary
AI-generated summary
Central Garden & Pet President John Hanson Sells 3,801 Shares
What Happened
- John Edward Hanson, President of Pet Consumer Products at Central Garden & Pet Co., disposed of a total of 3,801 shares of company stock on Feb 6, 2026.
- Transactions: 1,636 shares were withheld to satisfy withholding tax on vested restricted stock (priced at $33.60; value $54,970) and 2,165 shares were transferred to the Hanson Family Trust (priced at $33.60; value $72,744). Combined value ≈ $127,714.
- These were dispositions (sales/transfers), largely routine tax-withholding and a transfer to a family trust rather than an open‑market investment.
Key Details
- Transaction date: Feb 6, 2026; Price per share: $33.60.
- Shares disposed: 1,636 (tax withholding) + 2,165 (transfer) = 3,801 shares; total proceeds/values reported ≈ $127,714.
- Transaction codes: F = tax withholding on vesting (1,636 shares); D = disposition to issuer/transfer (2,165 shares).
- Shares owned after the transaction: not disclosed in this Form 4.
- Footnotes: shares withheld were calculated based on the average of the high and low CENTA sale prices on Feb 6, 2026 (F1); 2,165 shares were transferred to the Hanson Family Trust (F2); 401(k) plan units represent CENTA stock + cash (F3); Mr. Hanson disclaims beneficial ownership of trust-held shares except for his pecuniary interest (F4).
- Filing timeliness: Form 4 filed Feb 9, 2026 — appears to be timely (filed within required reporting window).
Context
- This filing reflects routine tax-withholding and a transfer to a family trust, not an open-market sale driven by investment activity. Such tax-related withholding and intra-family transfers are common and do not necessarily indicate the insider’s view on the company’s prospects.