STOCK TITAN

[Form 4] Central Garden & Pet Company Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

William E. Brown, Chairman and 10% owner of Central Garden & Pet Company (CENTA), reported multiple open-market sales totaling 103,125 shares of Class A common stock on August 28-29, 2025. The reported sales were executed at prices ranging from $32.56 to $33.12, with per-lot price ranges disclosed in the filing. After the transactions, Mr. Brown's reported beneficial ownership positions are shown as both indirect holdings through family irrevocable trusts and direct holdings, with the filing noting specific post-transaction share totals. The Form 4 is signed and dated August 31, 2025, and includes an explanatory note that the irrevocable trusts are for the benefit of his descendants and that he and his spouse serve as co-trustees.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A significant insider sold 103,125 shares across two days at ~$32.56–$33.12, a material disclosure for shareholders.

The Form 4 documents concentrated insider selling by the Chairman and a 10% owner, executed in open-market transactions on August 28-29, 2025. Total shares sold equal 103,125, with disclosed price ranges per tranche. The filing also clarifies ownership structure: certain shares are held indirectly in family irrevocable trusts where Mr. Brown and his spouse are co-trustees but disclaim beneficial ownership. For analysts, the key takeaway is the clear, contemporaneous disclosure of insider liquidity events and the remaining reported holdings presented in the form.

TL;DR: Insider compliance is complete, but sizable sales by a large owner merit attention for governance and signaling considerations.

The filing complies with Section 16 reporting: it lists transaction codes, prices, dates, and includes an explanation about indirect trust ownership. The trustee relationship and disclaimer of beneficial ownership for the irrevocable trusts are explicitly stated. While the report is procedurally sound, the magnitude of sales by a director and 10% owner is potentially noteworthy for boards and investors assessing insider alignment with long-term shareholder interests.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BROWN WILLIAM E

(Last) (First) (Middle)
C/O CENTRAL GARDEN & PET COMPANY
1340 TREAT BLVD, SUITE 600

(Street)
WALNUT CREEK CA 94597

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CENTRAL GARDEN & PET CO [ CENT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/28/2025 S 3,125 D $32.55 374,258 I By Irrevocable Trust(1)
Class A Common Stock 08/28/2025 S 16,806 D $32.5609(2) 1,013,559 D
Class A Common Stock 08/29/2025 S 83,194 D $32.7066(3) 930,365 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These securities are owned directly by various family Irrevocable Trusts for the benefit of the Reporting Person's children and grandchildren and indirectly by the Reporting Person and his spouse as co-trustees of the Irrevocable Trusts. The Reporting Person and his spouse, as co-trustees, have and share investment control over the securities held in each of the Irrevocable Trusts but disclaim beneficial ownership of the reported securities held by the Irrevocable Trusts.
2. The range of prices for the shares of Class A Common Stock is from $32.56 to $32.57. The Reporting Person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.
3. The range of prices for the shares of Class A Common Stock is from $32.63 to $33.12. The Reporting Person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.
/s/ William E. Brown 08/31/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Central Garden & Pet Co

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1.84B
58.78M
3.64%
94.22%
1.38%
Packaged Foods
Wholesale-miscellaneous Nondurable Goods
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United States
WALNUT CREEK