Central Garden & Pet (CENT) CAO uses 1,329 shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Central Garden & Pet Chief Accounting Officer Howard Machek reported a routine insider transaction involving Class A common stock. On February 6, 2026, he delivered 1,329 Class A shares at $33.60 per share to cover withholding taxes due upon the vesting of restricted stock, as described in the footnotes.
After this tax-withholding transaction, he held 45,618 Class A common shares and 1,000 shares of Common Stock directly, plus 6,867 units indirectly through the issuer’s 401(k) plan, where the units represent interests in a CENTA stock fund consisting of company stock and cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Machek Howard
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,329 | $33.60 | $45K |
| holding | Common Stock | -- | -- | -- |
| holding | Units | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 45,618 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 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 February 6, 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 CENT Chief Accounting Officer report?
Central Garden & Pet Chief Accounting Officer Howard Machek reported delivering 1,329 Class A shares at $33.60 per share on February 6, 2026. These shares were withheld to satisfy tax obligations arising from the vesting of restricted stock, rather than an open-market sale.
Was the CENT insider transaction a discretionary sale or tax withholding?
The transaction was tax withholding, not a discretionary sale. The footnote states the 1,329 shares were delivered to cover withholding tax liability when restricted stock vested, using the average of the high and low CENTA prices on February 6, 2026 to determine the share amount.
What other CENT holdings does Howard Machek report on this Form 4?
In addition to 45,618 Class A shares, Howard Machek reports direct ownership of 1,000 shares of Common Stock and 6,867 units indirectly through the issuer’s 401(k) plan. The units represent interests in a CENTA stock fund consisting of company stock and cash.
What does transaction code "F" mean in the CENT Form 4 filing?
Transaction code “F” indicates shares were used to pay tax withholding on equity awards. Here, 1,329 Class A shares were delivered to cover the withholding tax liability triggered when restricted stock vested, based on the average high and low sales prices of CENTA on February 6, 2026.
How are CENT units in the 401(k) plan defined in this filing?
The filing explains that the 6,867 units are interests in the CENTA Stock Fund in the company’s 401(k) plan. These units consist of shares of CENTA stock and cash, providing exposure to Central Garden & Pet stock within the retirement plan structure.