Central Garden & Pet (CENT) CAO logs option exercise and tax-share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Central Garden & Pet’s Chief Accounting Officer, Howard Machek, reported multiple equity transactions in Class A common stock on January 30, 2026. He exercised a stock option for 4,255 shares at $22.80 per share, converting the option into common stock.
The filing shows 2,253 Class A shares acquired at $0, linked to settlement of performance share units. It also reports share withholdings of 985 shares and 3,667 shares at $30.22 per share to cover tax liabilities on performance units and restricted stock. After these transactions, he directly held tens of thousands of Class A shares, plus 1,000 Common shares and 6,867 units in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,255 shares exercised/converted
Mixed
7 txns
Insider
Machek Howard
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 4,255 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 2,253 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 985 | $30.22 | $30K |
| Exercise | Class A Common Stock | 4,255 | $22.80 | $97K |
| Tax Withholding | Class A Common Stock | 3,667 | $30.22 | $111K |
| holding | Common Stock | -- | -- | -- |
| holding | Units | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Class A Common Stock — 47,344 shares (Direct);
Common Stock — 1,000 shares (Direct);
Units — 6,867 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Shares delivered by Reporting Person in payment of the withholding tax liability upon settlement of performance share units. 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. 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 January 30, 2026. Options were granted on February 10, 2020, and all shares are vested and have been exercised.
FAQ
What insider transactions did CENT officer Howard Machek report on January 30, 2026?
Howard Machek reported exercising options for 4,255 Class A shares and acquiring 2,253 Class A shares at $0. He also had shares withheld to cover taxes, all as part of routine equity compensation activity at Central Garden & Pet.
What Central Garden & Pet (CENT) stock and units does Machek hold after these transactions?
After the January 30, 2026 activity, Machek directly holds Class A common stock in the tens of thousands of shares, plus 1,000 Common shares. He also indirectly holds 6,867 units in the issuer’s 401(k) plan CENTA Stock Fund, representing CENTA stock and cash.
What do the tax-withholding transactions in Machek’s CENT Form 4 mean?
Two Form 4 entries labeled with code F reflect shares delivered to cover withholding tax liabilities on performance share unit settlement and restricted stock vesting. These are compensation-related tax events rather than discretionary stock sales in the open market.