Hanson John Edward 4

What Happened

• John Hanson, President of Pet Consumer Products at Central Garden & Pet (CENT), received a grant of restricted Class A common stock on February 11, 2026. The filing shows a gross award of 10,610 shares: 7,813 shares were disposed (withheld, $0 cash) and 2,797 shares/units were acquired as derivative interests (also $0 cash). The transaction did not involve cash proceeds.
• The restricted shares vest over time: 25% on Feb 11, 2028; 25% on Feb 11, 2029; and 50% on Feb 11, 2030.

Key Details

• Transaction date: 2026-02-11; filing date: 2026-02-12 (timely).
• Reported entries: 7,813 shares disposed (withheld) at $0.00; 2,797 shares/units acquired (derivative) at $0.00.
• Gross award: 10,610 shares; net delivered to Hanson: 2,797 shares/units after withholding.
• Footnotes: F1 = vesting schedule for the restricted Class A shares; F2 = the 2,797 units represent interests in the CENTA Stock Fund in the company 401(k) plan (consisting of CENTA shares and cash); F3 = notes a standard options vesting schedule (no option exercise reported here).
• Shares owned after the transaction: not specified in the provided data.

Context

• This was a grant/award, not an open-market purchase or sale. Awards with tax-withholding (shares withheld) are routine and do not necessarily indicate a change in insider sentiment.
• The derivative units reported relate to the company 401(k) stock fund rather than a cash transaction or immediate sale. The award vests over multi-year schedules, so the shares are subject to future vesting conditions.