Central Garden & Pet (CENT) grants stock and options to president
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
Net Buyer: 7,813 shares
Net Buy
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 | $0.00 |
| Grant/Award | Class A Common Stock | 7,813 | $0.00 | $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 (3)
- F1. 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.
- F2. 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.
- F3. The options shall vest at the rates of 25% on February 11, 2028 and February 11, 2029, and 50% on February 11, 2030.
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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.