Central Garden & Pet (CENT) executive withholds 1,181 shares for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Central Garden & Pet executive John D. Walker III, President of Garden Consumer Products, reported a routine tax-related share withholding on restricted stock vesting. On February 6, 2026, 1,181 shares of Class A common stock were delivered at $33.6 per share to cover withholding taxes.
After this transaction, Walker beneficially owns 67,985 Class A common shares directly and an additional 2,200 units indirectly through the company’s 401(k) plan CENTA Stock Fund, which holds a mix of CENTA shares and cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Walker John D. III
Role
President, Garden Consumer Pro
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,181 | $33.60 | $40K |
| holding | Units | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 67,985 shares (Direct);
Units — 2,200 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Shares delivered by Reporting Person in payment of the withholding tax liability upon vesting of restricted stock. The amount of shares withheld is based on the average of the high and low of the sales prices of CENTA on Febrauary 6, 2026. 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.
FAQ
What insider transaction did CENTRAL GARDEN & PET (CENT) report?
CENT reported that executive John D. Walker III delivered 1,181 Class A shares to cover withholding taxes on vested restricted stock. This is a non-market transaction and left his overall ownership position largely unchanged, with most shares still held directly.
Was the CENTRAL GARDEN & PET (CENT) Form 4 sale an open-market transaction?
No. The Form 4 describes shares delivered to satisfy withholding tax on restricted stock vesting, coded as transaction type F. This indicates a tax-withholding event rather than a discretionary open-market sale initiated by the executive.
What do the 2,200 units in the CENTRAL GARDEN & PET (CENT) 401(k) plan represent?
The 2,200 units represent interests in the CENTA Stock Fund within the issuer’s 401(k) plan. According to the filing, these units consist of a combination of CENTA shares and cash, reflecting indirect ownership held through the retirement plan structure.
What is John D. Walker III’s role at CENTRAL GARDEN & PET (CENT)?
John D. Walker III is an officer of Central Garden & Pet, serving as President, Garden Consumer Pro. His position and insider status require reporting changes in his beneficial ownership of the company’s Class A common stock on Form 4.