Central Garden & Pet (CENT) president adjusts trust and direct share stakes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Central Garden & Pet president John Edward Hanson reported changes in indirect holdings of Class A common stock through the Hanson Family Trust. On January 30, 2026, the trust received 2,814 Class A shares at $0, and 1,313 shares at $30.22 were delivered to cover withholding taxes tied to performance share unit settlement. Following these trust-related transactions, 9,990 Class A shares are shown as held indirectly by the trust, with Mr. Hanson disclaiming beneficial ownership except for his pecuniary interest. Separately, the filing reflects 45,080 Class A shares held directly and 2,693.61 units in a CENTA stock fund within the company 401(k) plan. The balance also incorporates a correction of a prior transpositional error.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Hanson John Edward
Role
President, Pet Consumer Prod
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,814 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,313 | $30.22 | $40K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Units | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 11,303 shares (Indirect, By Hanson Family Trust);
Class A Common Stock — 45,080 shares (Direct);
Units — 2,693.61 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Balance reflects the correction of a transpositional error in Mr. Hanson's prior filing. Mr. Hanson disclaims beneficial ownership of the shares of the Company's Common Stock and Class A Common Stock owned by the Hanson Family Trust dated 01/19/2024 except to the extent of his pecuniary interest therein. 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.
FAQ
What insider transactions did CENTRAL GARDEN & PET (CENT) report for John Hanson?
The filing shows trust-related activity: 2,814 Class A shares credited at $0 and 1,313 shares delivered at $30.22 to satisfy tax withholding on performance share units, plus updated direct holdings and 401(k) plan units for John Edward Hanson.
What does the tax withholding transaction in the CENT Form 4 represent?
The 1,313 Class A shares labeled with code F at $30.22 were delivered to cover withholding tax liability upon settlement of performance share units. This reflects shares used to satisfy tax obligations rather than an open-market sale for cash proceeds.
What correction is mentioned in John Hanson’s CENTRAL GARDEN & PET Form 4?
One footnote explains that the reported balance reflects correction of a transpositional error in a prior filing. The current Form 4 updates the share figures so they align with accurate records following that earlier reporting mistake.