CENTRAL GARDEN & PET CO·4

Feb 9, 5:33 PM ET

Walker John D. III 4

Research Summary

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CENT — Walker John D. III (President) Surrenders 1,181 Shares for Taxes

What Happened

  • Walker John D. III, President of Garden Consumer Products at Central Garden & Pet Co. (CENT), delivered 1,181 shares to the company on 2026-02-06 to satisfy the withholding tax liability arising from the vesting of restricted stock. The shares were valued at $33.60 each, totaling $39,682. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-02-06; Form 4 filed: 2026-02-09 (timely).
  • Price per share: $33.60; Shares delivered/disposed: 1,181; Total value: $39,682.
  • Shares owned after the transaction: Not specified in the provided filing.
  • Footnote F1: Shares were withheld to cover withholding tax; the withheld amount was based on the average of the high and low sales prices of CENTA on Feb 6, 2026.
  • Footnote F2: Notes that certain units represent interests in the issuer's 401(k) CENTA Stock Fund (contains CENTA stock and cash) — informational, not directly tied to this withholding.
  • Transaction type: F (tax withholding on vested restricted stock) — routine administrative action.

Context

  • Withholding of shares to pay taxes upon restricted stock vesting is common and generally administrative; it does not necessarily indicate insider sentiment about the company. This was not an open-market sale or a purchase, and thus is less informative about the insider’s view of the stock.