Central Garden & Pet (CENT) CAO logs option exercise and tax-share withholdings
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
| 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 | -- | -- | -- |
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?
What Central Garden & Pet (CENT) stock and units does Machek hold after these transactions?
What do the tax-withholding transactions in Machek’s CENT Form 4 mean?