Central Garden & Pet (CENT) director gives 5,800 shares of stock
Rhea-AI Filing Summary
Director Brooks Pennington III of CENTRAL GARDEN & PET CO (CENT) reported a bona fide gift of 5,800 shares of Common Stock on 2026-08-12, leaving him with 123,106 Common shares held directly. He also reports 40,630 Class A Common shares held directly.
In addition, indirect holdings include Class A Common shares by spouse (6,579), by LLC (20,911), and by BPCB Timber Company, LLC (43,750), plus Common Stock by spouse (6,938) and by LLC (7,604). He disclaims beneficial ownership of the spouse-held shares and of the LLC- and BPCB-held securities except to the extent of his pecuniary interest. He also holds 2,241.088 units in a 401(k) plan CENTA Stock Fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,800 shares
Net Sell
8 txns
Insider
PENNINGTON BROOKS III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,800 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock F1 | -- | -- | -- |
| holding | Class A Common Stock F2 | -- | -- | -- |
| holding | Class A Common Stock F3 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Units F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 123,106 shares (Direct);
Class A Common Stock — 40,630 shares (Direct);
Class A Common Stock — 6,579 shares (Indirect, By Spouse);
Class A Common Stock — 20,911 shares (Indirect, By LLC);
Class A Common Stock — 43,750 shares (Indirect, By BPCB);
Common Stock — 6,938 shares (Indirect, By Spouse);
Common Stock — 7,604 shares (Indirect, By LLC);
Units — 2,241.088 shares (Indirect, By 401(k) Plan)
Footnotes (4)
- F1. Mr. Pennington disclaims beneficial ownership of 6,579 shares of the Issuer's Class A Common Stock owned by his spouse and 6,938 shares of the Issuer's Common Stock owned by his spouse.
- F2. By Pennington Management Company II, LLC, in which Mr. Pennington has an ownership interest. Mr. Pennington is the President of Pennington Management Company II, LLC. Mr. Pennington disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F3. By BPCB Timber Company, LLC, in which Mr. Pennington has an ownership interest. Mr. Pennington is the Managing Member of BPCB Timber Company, LLC. Mr. Pennington disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F4. 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.
Key Figures
Gifted Common Shares: 5,800 shares
Direct Common Stock Holdings: 123,106 shares
Direct Class A Common Holdings: 40,630 shares
+5 more
8 metrics
Gifted Common Shares
5,800 shares
Bona fide gift of Common Stock on 2026-08-12
Direct Common Stock Holdings
123,106 shares
Common Stock held directly after the gift transaction
Direct Class A Common Holdings
40,630 shares
Class A Common Stock held directly as a reported holding
Spouse Class A Common Holdings
6,579 shares
Class A Common Stock held by spouse; beneficial ownership disclaimed
Spouse Common Stock Holdings
6,938 shares
Common Stock held by spouse; beneficial ownership disclaimed
LLC Class A Common Holdings
20,911 shares
Class A Common Stock held by Pennington Management Company II, LLC
BPCB Class A Common Holdings
43,750 shares
Class A Common Stock held by BPCB Timber Company, LLC
401(k) CENTA Fund Units
2,241.088 units
Units in CENTA Stock Fund within a 401(k) Plan
Key Terms
bona fide gift, beneficial ownership, pecuniary interest, 401(k) Plan, +1 more
5 terms
bona fide gift financial
"Transaction code G is described as a bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial ownership financial
"Mr. Pennington disclaims beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest"
401(k) Plan financial
"interests in the CENTA Stock Fund in the Issuer's 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
CENTA Stock Fund financial
"The units represent interests in the CENTA Stock Fund"
FAQ
What transaction did CENT director Brooks Pennington III report on this Form 4 for CENT?
Brooks Pennington III reported a bona fide gift of 5,800 shares of CENTRAL GARDEN & PET CO Common Stock on 2026-08-12. The transaction carried a reported price of $0.00 per share, consistent with a non-cash gift transfer.
What are Brooks Pennington III’s direct holdings of CENT Class A Common Stock?
Brooks Pennington III directly holds 40,630 shares of CENTRAL GARDEN & PET CO Class A Common Stock. These shares are reported as a holding entry, not as part of a new purchase or sale transaction on the Form 4 date.
Does Brooks Pennington III disclaim beneficial ownership of any CENT securities?
Yes. He disclaims beneficial ownership of 6,579 Class A and 6,938 Common shares owned by his spouse and of securities held by Pennington Management Company II, LLC and BPCB Timber Company, LLC, except to the extent of his pecuniary interest.
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