Central Garden & Pet (CENT) grants stock and options to president
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Central Garden & Pet executive equity grants. Central Garden & Pet officer John Edward Hanson, President of Pet Consumer Products, was granted 7,813 shares of restricted Class A Common Stock at $0 per share, increasing his directly held Class A Common Stock to 49,092 shares.
He was also granted a stock option for 2,797 shares of Class A Common Stock at an exercise price of $33.49 per share. Both the restricted stock and options vest 25% on February 11, 2028 and February 11, 2029, and 50% on February 11, 2030. In addition, he indirectly holds 2,693.61 units in the company’s 401(k) plan stock fund.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hanson John Edward
Role
President, Pet Consumer Prod
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,797 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 7,813 | $0.00 | -- |
| holding | Units | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,797 shares (Direct);
Class A Common Stock — 49,092 shares (Direct);
Units — 2,693.61 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- On February 11, 2026, the Issuer granted restricted Class A Common Stock to the Reporting Person which will vest at the rates of 25% on February 11, 2028 and February 11, 2029, and 50% on February 11, 2030. 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. The options shall vest at the rates of 25% on February 11, 2028 and February 11, 2029, and 50% on February 11, 2030.
FAQ
What insider transactions did John Edward Hanson report for CENTRAL GARDEN & PET (CENT)?
John Edward Hanson reported receiving equity awards from Central Garden & Pet. He was granted 7,813 restricted Class A Common shares and a stock option for 2,797 shares at an exercise price of $33.49, both vesting over 2028–2030, with no cash purchase involved.
What are the vesting terms of John Edward Hanson’s restricted stock grant at CENTRAL (CENT)?
The restricted Class A Common Stock grant of 7,813 shares vests in three steps. It vests 25% on February 11, 2028, another 25% on February 11, 2029, and the remaining 50% on February 11, 2030, subject to the award’s standard conditions.
What are the key terms of John Edward Hanson’s stock option grant from Central Garden & Pet?
The stock option covers 2,797 shares of Class A Common Stock with an exercise price of $33.49 per share. It vests on the same schedule as the restricted stock: 25% in 2028, 25% in 2029, and 50% in 2030, expiring on February 11, 2032.
Was John Edward Hanson’s Form 4 transaction a market purchase or a grant from CENTRAL (CENT)?
The reported activity reflects equity grants, not open-market purchases. He received 7,813 restricted Class A shares and a 2,797-share stock option as awards, both at a reported transaction price of $0, indicating compensation rather than a cash investment.