Form 4: Smith Bradley G. reports acquisition/exercise transactions in CENT
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Bradley G. reported acquisition or exercise transactions in a Form 4 filing for CENT. The filing lists transactions totaling 10,610 shares. Following the reported transactions, holdings were 2,797 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith Bradley G.
Role
Chief Financial Officer
| 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 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,797 shares (Direct);
Class A Common Stock — 17,544 shares (Direct)
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 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 transaction did CENTRAL GARDEN & PET (CENT) report for its CFO?
Central Garden & Pet’s CFO received equity awards, not open-market trades. On February 11, 2026, Bradley G. Smith was granted 7,813 restricted Class A shares and options for 2,797 shares, both structured as compensation awards with specified future vesting dates.
What stock option grant was reported for the Central Garden & Pet (CENT) CFO?
The CFO received options on 2,797 Class A shares. These stock options have an exercise price of $33.49 per share and expire on February 11, 2032. They represent the right to buy Class A common stock if exercised under the vesting schedule.
What is the vesting schedule for the Central Garden & Pet (CENT) CFO’s restricted stock grant?
The restricted shares vest in three stages over 2028–2030. The 7,813 restricted Class A shares vest 25% on February 11, 2028, another 25% on February 11, 2029, and the remaining 50% on February 11, 2030, aligning with multi-year service.
How do the Central Garden & Pet (CENT) CFO’s stock options vest?
The options follow the same three-step vesting as the restricted stock. The 2,797 options vest 25% on February 11, 2028, 25% on February 11, 2029, and 50% on February 11, 2030, tying exercise eligibility to continued service over those years.
Were the Central Garden & Pet (CENT) CFO’s equity awards open-market purchases?
No, they were grants classified as acquisitions under code “A”. Both the 7,813 restricted Class A shares and the 2,797 stock options were awarded at a price of $0 per unit, reflecting compensation grants rather than shares bought in the market.