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CENTRAL GARDEN & PET CO·4

Feb 12, 4:04 PM ET

LAHANAS NICHOLAS 4

4 · CENTRAL GARDEN & PET CO · Filed Feb 12, 2026

Research Summary

AI-generated summary of this filing

Updated

CENT CEO Nicholas Lahanas Receives Equity Awards

What Happened
Nicholas Lahanas, CEO of Central Garden & Pet Co. (CENT), received equity awards and completed a small share disposition to cover withholding taxes. On Feb 11, 2026 the company granted 43,750 restricted Class A common shares and 67,115 derivative units/options (total 110,865). On Feb 10, 2026 Lahanas delivered 7,825 shares to satisfy withholding tax obligations from vesting; those shares were recorded as disposed at $33.81 each for a total of $264,563.

Key Details

  • Transaction dates and amounts:
    • Feb 10, 2026 — 7,825 shares delivered/disposed at $33.81 each = $264,563 (transaction code F: tax withholding).
    • Feb 11, 2026 — 43,750 shares granted (restricted Class A Common Stock) at $0.00 (transaction code A).
    • Feb 11, 2026 — 67,115 derivative units/options granted at $0.00 (transaction code A, derivative).
  • Vesting/terms (from footnotes):
    • Restricted shares (43,750) vest 25% on 2/11/2028, 25% on 2/11/2029, and 50% on 2/11/2030 (F2).
    • Options/derivative units vest in the same 25%/25%/50% schedule (F4).
    • F1 notes the 7,825 shares were delivered to pay withholding tax based on the average of the high and low sale prices on Feb 10, 2026.
    • F3 indicates some reported units may represent interests in the company 401(k) stock fund (consist of CENTA shares and cash).
  • Shares owned after the reported transactions: Not specified in the filing.
  • Filing timeliness: Report filed Feb 12, 2026 for transactions on Feb 10–11, 2026 — appears timely (no late-filing flag).

Context

  • The 7,825-share disposition was for tax withholding related to vesting, not an open-market sale signaling a decision to reduce exposure. Such withholdings are routine following vesting of restricted stock.
  • The Feb 11 entries are awards/grants (not purchases). Awards and option grants indicate future potential ownership as they vest; they do not necessarily imply immediate bullish trading by the insider.
  • Transaction codes: F = tax withholding sale, A = grant/award; derivative entries reflect instruments that vest over time.

Insider Transaction Report

Form 4
Period: 2026-02-10
CENTRAL GARDEN & PET COCENT
LAHANAS NICHOLAS
DirectorChief Executive Officer
Transactions
  • Tax Payment

    Class A Common Stock

    [F1]
    2026-02-10$33.81/sh−7,825$264,563→ 79,080 total
  • Award

    Class A Common Stock

    [F2]
    2026-02-11+43,750→ 122,830 total
  • Award

    Stock Option (Right to Buy)

    [F4]
    2026-02-11+67,115→ 67,115 total
    Exercise: $33.49Exp: 2032-02-11→ Class A Common Stock (67,115 underlying)
Holdings

  • Units

    [F3]
    (indirect: By 401(k))
    3,318.686
Footnotes (4)
  • [F1]Shares delivered by Reporting Person in payment of the withholding tax liability upon vesting of restricted stock. The amount of shares withheld is based on the average of the high and low of the sales prices of CENTA on February 10, 2026.
  • [F2]On February 11, 2026, the Issuer granted restricted Class A Common Stock to the Reporting Person which will vest at the rates of 25% on February 11, 2028 and February 11, 2029, and 50% on February 11, 2030.
  • [F3]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.
  • [F4]The options shall vest in increments of 25% on February 11, 2028 and February 11, 2029, and 50% on February 11, 2030.
Signature
/s/Filomena Eickstaedt as Attorney-in-Fact for Nicholas Lahanas|2026-02-12

Documents

2 files