Central Garden & Pet (CENT) investor files to sell 5,000 Class A shares
Rhea-AI Filing Summary
A holder of Central Garden & Pet Company Class A Common Stock filed a notice of intent to sell 5,000 shares through Charles Schwab & Co., Inc. on NASDAQ. The proposed sale is valued at an aggregate of $192,500.00.
The filing also lists prior equity compensation activity, including 3,871 shares from a restricted stock lapse on 02/13/2024 and 1,129 shares from a restricted stock lapse on 02/20/2024, both related to Class A Common Stock.
Positive
- None.
Negative
- None.
Key Figures
Shares planned for sale: 5,000 shares
Aggregate value of planned sale: $192,500.00
Restricted stock lapse on 02/13/2024: 3,871 shares
+1 more
4 metrics
Shares planned for sale
5,000 shares
Class A Common Stock in Form 144 notice
Aggregate value of planned sale
$192,500.00
Proposed sale of 5,000 Class A shares
Restricted stock lapse on 02/13/2024
3,871 shares
Equity Compensation, Class A Common Stock
Restricted stock lapse on 02/20/2024
1,129 shares
Equity Compensation, Class A Common Stock
Key Terms
Form 144, Restricted Stock Lapse, Equity Compensation
3 terms
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Lapse financial
"02/13/2024 | Restricted Stock Lapse | Central Garden & Pet Company"
Equity Compensation financial
"02/13/2024 | Restricted Stock Lapse | Central Garden & Pet Company | | | 3871 | 02/13/2024 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Central Garden & Pet (CENT) report in this Form 144?
The filing reports a planned sale of 5,000 shares of Central Garden & Pet Company Class A Common Stock with an aggregate value of $192,500.00, to be executed through Charles Schwab & Co., Inc. on NASDAQ.
What prior equity compensation events are disclosed for CENT?
The filing lists restricted stock lapses of 3,871 shares on 02/13/2024 and 1,129 shares on 02/20/2024, both in Central Garden & Pet Company Class A Common Stock, categorized as Equity Compensation.