Central Garden & Pet (CENT) officer uses 6,437 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Central Garden & Pet officer John D. Walker III reported a tax-withholding disposition of 6,437 shares of Class A Common Stock on February 10, 2026. The shares were delivered to cover withholding taxes due upon vesting of restricted stock at a price of $33.81 per share.
After this transaction, he directly beneficially owned 61,548 Class A Common shares and indirectly held 2,200 units in the CENTA Stock Fund through the company 401(k) plan, which consists of company stock and cash.
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 |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 6,437 | $33.81 | $218K |
| holding | Units | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 61,548 shares (Direct);
Units — 2,200 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- 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 Febrauary 10, 2026. 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 transaction did CENTRAL GARDEN & PET (CENT) report for John D. Walker III?
CENT reported that officer John D. Walker III delivered 6,437 Class A Common shares to cover withholding taxes on vested restricted stock. This was a tax-withholding disposition, not an open-market sale, and reflects shares used to satisfy tax obligations.
Was the CENTRAL GARDEN & PET (CENT) Form 4 transaction a stock sale in the open market?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 6,437 shares were delivered to satisfy withholding taxes upon restricted stock vesting, based on the average of the high and low CENTA sale prices that day.
What is the nature of the 401(k) holdings reported for CENTRAL GARDEN & PET (CENT)?
The filing reports 2,200 units held indirectly in the CENTA Stock Fund within the issuer’s 401(k) plan. According to the footnote, these units represent interests made up of CENTA stock and cash, reflecting retirement-plan investment rather than direct stock ownership.
What role does John D. Walker III hold at CENTRAL GARDEN & PET (CENT)?
The Form 4 identifies John D. Walker III as an officer of Central Garden & Pet, serving as President, Garden Consumer Pro. His insider status requires reporting equity-related transactions, including tax-withholding dispositions tied to restricted stock vesting.