Central Garden & Pet (CENT) 10% Owner William E. Brown Sells Shares

What Happened
William E. Brown, listed as a 10% owner of Central Garden & Pet (CENT), reported two dispositions totaling 20,117 shares: 8,531 shares on 2025-08-18 and 11,586 shares on 2026-06-03. Both disposals are reported at $0.00 per share (total reported value $0) and are coded as “J” (other acquisition or disposition). The filings and accompanying footnotes indicate these were the result of changes in co-trustee status for family irrevocable trusts, not open-market cash sales.

Key Details

• Transaction dates and amounts:
  • 2025-08-18 — 8,531 shares disposed @ $0.00 (J)
  • 2026-06-03 — 11,586 shares disposed @ $0.00 (J)
• Total shares reported disposed: 20,117; reported proceeds/value: $0.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes of note:
  • F1 & F3: On 2025-08-18 and 2026-06-03 the reporting person (and spouse) ceased to be co-trustees of one family irrevocable trust, resulting in loss of investment and voting control over the shares in that trust.
  • F2: Securities are held by various family irrevocable trusts; the reporting person and spouse previously served as co-trustees and disclaim beneficial ownership except for any pecuniary interest.
• Timeliness: The Form 4 was filed on 2026-08-11 reporting transactions from 2025-08-18 and 2026-06-03; these were not reported within the standard Form 4 two-business-day window and therefore appear to be late filings.

Context
Transaction code J denotes “other acquisition or disposition” and, together with the footnotes, indicates these entries reflect changes in trustee control of trust-held shares rather than routine market sales. For retail investors: such trust/administrative transfers do not necessarily signal insider buying or selling sentiment — they document a change in who holds or controls the votes or investment power for shares held in family irrevocable trusts.