Walker John D. III 4
Research Summary
AI-generated summary
CENT President John D. Walker III Withholds 6,437 Shares
What Happened
John D. Walker III, President of Central Garden & Pet (CENT), delivered 6,437 shares on Feb 10, 2026 to satisfy the withholding tax liability associated with vested restricted stock. The shares were valued at $33.81 each, for a total of about $217,635. This was a tax-withholding transaction (not an indicative open-market sale).
Key Details
- Transaction date: 2026-02-10; filing date: 2026-02-11 (timely Form 4 filing).
- Shares involved: 6,437 shares delivered/disposed.
- Price used: $33.81 per share; total value ≈ $217,635.
- Transaction code: F — payment of tax liability/withholding upon vesting of restricted stock.
- Shares owned after the transaction: not disclosed in this filing.
- Footnotes: F1 — shares withheld to cover tax, amount based on average of high and low sales prices of CENT on Feb 10, 2026; F2 — refers to CENT stock fund units in the company 401(k) plan (contains CENT stock and cash).
Context
This was a routine tax-withholding event tied to restricted stock vesting (cashless delivery of shares to cover taxes), not an open-market sale that signals buying or selling interest. Such withholdings are administrative and common following vesting events.