STOCK TITAN

Central Garden & Pet (CENT) investor files to sell 5,000 Class A shares

(Neutral)
(Neutral)
Form Type
144

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.
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
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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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.

How many CENT shares are planned to be sold under this notice?

The notice covers a planned sale of 5,000 shares of Central Garden & Pet Company Class A Common Stock. The indicated aggregate value for this block of shares is $192,500.00 according to the filing details.

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.

Through which broker will the CENT shares be sold?

The shares are expected to be sold through Charles Schwab & Co., Inc., located at 3000 Schwab Way, Westlake, TX 76262. The filing identifies NASDAQ as the trading market for the Class A Common Stock.

What is the implied price per share in this CENT Form 144?

The filing shows 5,000 shares with an aggregate value of $192,500.00, implying a price of approximately $38.50 per share based purely on those two stated figures.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature