Restricted stock award boosts Central Garden (CENT) director stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Central Garden & Pet director receives equity award. On 02/11/2026, director Randal D. Lewis acquired 3,584 shares of Class A Common Stock through a restricted stock award granted under the Company's Nonemployee Director Equity Incentive Plan. Following this grant, he directly beneficially owns 7,839 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lewis Randal D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,584 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 7,839 shares (Direct)
Footnotes (1)
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FAQ
What did CENTRAL GARDEN & PET (CENT) disclose in this Form 4?
CENT reported that director Randal D. Lewis received a restricted stock award of 3,584 shares of Class A Common Stock on 02/11/2026. This was an equity grant, not an open-market purchase, and increased his directly held beneficial ownership to 7,839 shares.
Was the CENT director’s transaction a purchase or an equity grant?
The transaction was an equity grant, not a market purchase. The Form 4 uses code “A” for acquisition and notes a price of $0 per share, describing a restricted stock award under the Company’s Nonemployee Director Equity Incentive Plan for nonemployee directors.
Under what plan was the CENT restricted stock award granted?
The 3,584-share restricted stock award was granted under Central Garden & Pet’s Nonemployee Director Equity Incentive Plan, as amended. This plan provides equity compensation to nonemployee directors like Randal D. Lewis, aligning their interests with shareholders through stock-based awards.