LAHANAS NICHOLAS 4
4 · CENTRAL GARDEN & PET CO · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
CENT CEO Nicholas Lahanas Withholds 480 Shares for Taxes
What Happened
- Nicholas Lahanas, CEO of Central Garden & Pet Co. (CENT), delivered 480 shares of CENT to satisfy withholding tax liability tied to the vesting of restricted stock. The shares are reported as disposed at an average price of $34.19, totaling approximately $16,411.
- This was a tax-withholding transaction (code F), not an open-market sale or purchase—routine administration following an award vesting.
Key Details
- Transaction date: 2026-05-16; Filing date: 2026-05-19 (timely filing).
- Price reported: $34.19 per share; Total value: ~$16,411.
- Shares involved: 480 shares withheld/returned to issuer to cover tax withholding.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote F1: Shares were delivered to pay withholding tax on vested restricted stock; withholding amount based on the average of CENTA high/low prices on May 15 and May 18, 2026.
- Footnote F2: Separately notes that some units referenced in the filing represent interests in the issuer's 401(k) CENTA Stock Fund (shares + cash) — not directly changing the nature of this tax-withholding event.
- Transaction code meaning: F = shares surrendered/withheld to cover tax withholding on vested awards.
Context
- Withholding-share transactions are administrative and common after restricted stock vests; they generally do not reflect a deliberate buy/sell decision about the company’s outlook.
- For investors, these events are routine and usually less informative than open-market purchases or sales by insiders.
Insider Transaction Report
Form 4
LAHANAS NICHOLAS
DirectorChief Executive Officer
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-05-16$34.19/sh−480$16,411→ 122,350 total
Holdings
- 3,318.686(indirect: By 401(k))
Units
[F2]
Footnotes (2)
- [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 May 15, 2026 and on May 18, 2026.
- [F2]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.
Signature
/s/Filomena Eickstaedt as Attorney-in-fact for Nicholas Lahanas|2026-05-19