CENTRAL GARDEN & PET CO·4

Feb 13, 4:19 PM ET

PENNINGTON BROOKS III 4

Research Summary

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Updated

Central Garden & Pet Director Brooks Pennington Receives Stock Award

What Happened

  • Brooks Pennington III, a director of Central Garden & Pet Co. (CENT), was granted 3,584 restricted shares on 2026-02-11. The award is reported at $0.00 per share (no cash was paid at grant).
  • This was a restricted stock award under the company’s Nonemployee Director Equity Incentive Plan. Restricted awards are typically subject to vesting and transfer restrictions and are not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-02-11; Filing date (Form 4): 2026-02-13 (timely).
  • Shares/amount: 3,584 restricted shares; reported acquisition price: $0.00; total value shown: $0.
  • Plan/footnote: Award granted under the Nonemployee Director Equity Incentive Plan (footnote F1).
  • Beneficial ownership notes: Mr. Pennington disclaims beneficial ownership of certain shares owned by his spouse (6,579 Class A; 6,938 common) and disclaims beneficial ownership of securities held by entities in which he has an interest (Pennington Management Company II, LLC and BPCB Timber Company, LLC) except to the extent of any pecuniary interest (footnotes F2–F4).
  • Other: Filing includes Exhibit 24.1 (Power of Attorney). The report does not state the insider’s total shares owned following the grant.

Context

  • This is a director award (code A), not a market purchase or sale. Such awards are common compensation for nonemployee directors and do not necessarily indicate trading sentiment.
  • Restricted shares usually vest over time or upon meeting conditions; check future filings (or the company’s proxy) for vesting schedule or restrictions.