Central Garden & Pet CAO exercises stock options
The withheld-share amount was based on the average of the high and low sales prices on the exercise date.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Central Garden & Pet Co. Chief Accounting Officer Howard Machek exercised options on November 5, 2026, to acquire 4,968 Class A common shares at an exercise price of $35.216 per share. The issuer withheld 4,594 shares to pay the aggregate option exercise price and withholding tax liability; the exercised option’s reported balance afterward was zero. On November 5, 2026, reported holdings also included 1,000 directly held common shares and 7,446 units held through the issuer’s 401(k) Plan, representing interests in the CENTA Stock Fund, which consists of CENTA stock and cash.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3, F4 | 4,968 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 4,968 | $35.216 | $175K |
| Exercise Price or Tax Liability | Class A Common Stock F1 | 4,594 | $41.57 | $191K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Units F2 | -- | -- | -- |
Footnotes (4)
- F1. Shares withheld by the Issuer in payment of the aggregate option exercise price and withholding tax liability incurred upon the above-reported exercise of options. The amount of shares withheld is based on the respective average of the high and low sales prices on the date of exercise.
- F2. 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.
- F3. This option was previously reported as an option for 3,975 shares of Class A Common Stock at an exercise price of $44.02 per share, but was adjusted to reflect the stock dividend declared by Company on December 7, 2023. As a result of the stock dividend, the option also entitled the Reporting Person to receive, upon exercise, 993 shares of Class A Common Stock for no additional consideration.
- F4. Options were granted on February 9, 2021, and all shares are vested and have been exercised.
Key Figures
Key Terms
option exercise price financial
withholding tax liability financial
CENTA Stock Fund financial
vested financial
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