CENTA insider Form 144 files to sell 3,500 Class A shares valued $114K
Rhea-AI Filing Summary
Central Garden & Pet Company (CENTA) submitted a Form 144 notice proposing the sale of 3,500 shares of Class A common stock through Charles Schwab & Co., Inc. on 08/25/2025 with an aggregate market value of $114,062.00. The shares were acquired on 02/13/2024 by Restricted Stock Lapse from the issuer and are identified as equity compensation. The filing shows 51,618,478 shares outstanding for the class. No securities were reported sold in the prior three months and the filer represents compliance with disclosure statements required by the form.
Positive
- Filer provided required Rule 144 details including acquisition date, nature of acquisition, broker, proposed sale date, and aggregate market value.
- Small size of proposed sale (3,500 shares vs 51,618,478 outstanding) indicating limited potential market impact.
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice for sale of equity compensation shares; appears procedural and compliant.
The filing records a proposed sale of 3,500 Class A shares acquired via restricted stock lapse on 02/13/2024 and designated as equity compensation. The sales agent is Charles Schwab & Co., Inc., and the proposed sale date is 08/25/2025. The notice affirms no undisclosed material adverse information and reports no sales in the prior three months. From a compliance perspective, the form supplies the required acquisition, payment, and broker details for a Rule 144 disposition.
TL;DR: Small insider disposition notice tied to vested equity; governance implications appear minimal.
The document indicates the shares originated from an equity compensation event and were held until lapse of restrictions. The proposed quantity (3,500) is small relative to the reported 51,618,478 outstanding shares, suggesting limited dilution or governance impact. The filer’s signature statements include the standard representation regarding material nonpublic information and potential trading-plan disclosures.