Central Garden & Pet Director Pennington Gifts 5,800 Shares

What Happened

• Pennington Brooks III, a director of Central Garden & Pet Co. (CENT), reported a gift of 5,800 shares on August 12, 2026. The Form 4 shows the transaction as a gift (code G) with an effective price of $0.00 and no proceeds reported. Gifts are reported as dispositions but do not generate sale proceeds.

Key Details

• Transaction date and type: 2026-08-12 — Gift (G) of 5,800 shares at $0.00 per share.
• Filing date: Form 4 filed 2026-08-17 (filed 5 days after the transaction; Form 4s are generally due within 2 business days, so this filing appears late).
• Shares owned after transaction: Not specified in the reported details.
• Notable footnotes:
  • F1: Mr. Pennington disclaims beneficial ownership of certain shares held by his spouse (6,579 Class A and 6,938 Common).
  • F2–F3: Some reported holdings are held by entities (Pennington Management Company II, LLC and BPCB Timber Company, LLC) in which he has roles/ownership; he disclaims beneficial ownership except for any pecuniary interest.
  • F4: References units in the company's 401(k) CENTA Stock Fund (mix of CENTA shares and cash).

Context

• Gifts are not the same as market sales or purchases and often reflect personal, estate planning, or charitable actions rather than a statement about the company's future prospects. This filing relates to a director (not a 10% owner) and includes ownership disclaimers for spouse and related entities.