Central Garden & Pet (CENT) director awarded 3,734 Class A restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schwichtenberg Kay reported acquisition or exercise transactions in this Form 4 filing.
CENTRAL GARDEN & PET CO director Kay Schwichtenberg received 3,734 shares of Class A Common Stock as a restricted stock award. The shares were granted at no cash cost under the company’s Nonemployee Director Equity Incentive Plan. Following this grant, she directly holds 3,734 Class A shares.
The filing also reports 303 Class A shares held indirectly by the Kay Schwichtenberg Living Trust. She disclaims beneficial ownership of the trust’s common and Class A shares except to the extent of her pecuniary interest in that trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schwichtenberg Kay
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,734 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,734 shares (Direct);
Class A Common Stock — 303 shares (Indirect, By Kay Schwichtenberg Living Trust)
Footnotes (1)
- Restricted stock award granted under the Company's Nonemployee Director Equity Incentive Plan, as amended. Ms. Schwichtenberg disclaims beneficial ownership of the shares of the Company's Common Stock and Class A Common Stock owned by the Kay Schwichtenberg Living Trust dated 2/14/2000 except to the extent of her pecuniary interest therein.
FAQ
What did CENT director Kay Schwichtenberg report in this Form 4 filing for Central Garden & Pet (CENT)?
Kay Schwichtenberg reported receiving 3,734 shares of Class A Common Stock as a restricted stock award. The grant was made under Central Garden & Pet’s Nonemployee Director Equity Incentive Plan and involved no cash purchase on her part.
What type of transaction is reported for CENT director Kay Schwichtenberg on this Form 4?
The Form 4 reports an acquisition of 3,734 Class A Common shares via a restricted stock award. This is coded as a grant or award transaction, rather than an open‑market purchase, and reflects equity-based director compensation.
Under which plan was the restricted stock award to CENT director Kay Schwichtenberg granted?
The restricted stock award was granted under Central Garden & Pet’s Nonemployee Director Equity Incentive Plan, as amended. This plan provides equity compensation to nonemployee directors instead of cash, aligning their interests with long-term shareholder value.