Hanson John Edward 4
Research Summary
AI-generated summary
Central Garden & Pet (CENT) President John Hanson Sells Shares
What Happened
John Edward Hanson, President of Pet Consumer Products for Central Garden & Pet (CENT), sold 5,000 shares of the company on February 17, 2026. The reported sale price was $34.75 per share, resulting in proceeds of $173,761. The filing lists the transaction as an open-market or private sale (code S).
Key Details
- Transaction date and price: 2026-02-17 — 5,000 shares sold at $34.75 (filing notes price range $34.75–$34.80; reporter will disclose split by price on SEC request).
- Proceeds: $173,761 (5,000 × $34.75).
- Shares owned after transaction: Not specified in the provided Form 4 excerpt.
- Footnotes of note:
- F1: Price range $34.75–$34.80; reporting person can provide per-price breakdown to SEC staff on request.
- F2: Hanson disclaims beneficial ownership of shares held by the Hanson Family Trust except for his pecuniary interest.
- F3: References units in the CENTA Stock Fund within the company 401(k) plan (these units represent CENTA stock and cash).
- Filing timeliness: Reported and filed with a period of report on 2026-02-17; no late filing indicated.
Context
This was a straight sale of shares (not an option exercise, award, or gift). Sales by executives can be routine (taxes, diversification, personal liquidity), so they are not definitive evidence of company performance. There is no indication in the filing of a 10b5-1 plan or other structured program.