Equity grant: Central Garden & Pet (CENT) awards 7,813 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Central Garden & Pet officer John D. Walker III received a grant of 7,813 shares of restricted Class A common stock. The award was granted on February 11, 2026 at a price of $0 per share as part of his compensation.
The restricted shares vest 25% on February 11, 2028, 25% on February 11, 2029, and 50% on February 11, 2030. After this grant, he directly beneficially owns 69,361 Class A shares and has 2,200 units indirectly through the company’s 401(k) plan.
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 |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,813 | $0.00 | -- |
| holding | Units | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 69,361 shares (Direct);
Units — 2,200 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.
FAQ
What did Central Garden & Pet (CENT) disclose in this Form 4 filing?
Central Garden & Pet reported an equity compensation grant to officer John D. Walker III. He received 7,813 shares of restricted Class A common stock that will vest over four years, and his updated direct and 401(k) holdings were disclosed.
What is the vesting schedule for the new CENT restricted stock grant?
The 7,813 restricted Class A shares vest in three stages. Twenty-five percent vest on February 11, 2028, another 25% on February 11, 2029, and the remaining 50% on February 11, 2030, tying full ownership to long-term service.
Who is the insider receiving the CENT restricted stock award?
The award went to John D. Walker III, an officer of Central Garden & Pet. He serves as President, Garden Consumer Pro, and this grant reflects part of his equity-based compensation with time-based vesting requirements.
What are the 2,200 units reported in John D. Walker III’s CENT holdings?
The 2,200 units are interests in the company’s 401(k) CENTA Stock Fund. That fund consists of Central Garden & Pet stock and cash, so these units represent indirect beneficial ownership rather than directly held common shares.