STOCK TITAN

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

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Christopher T. Metz, a director of Central Garden & Pet Company (CENTA), reported transactions on 08/14/2025 showing option exercises and share withholdings. He exercised a stock option adjusted by a 2023 stock dividend: the option (originally for 7,043 shares at $28.40) became exercisable for 8,803 Class A shares at an effective exercise price shown as $22.72. All 8,803 option shares were exercised; the issuer withheld 6,074 shares to satisfy the aggregate exercise price, resulting in 27,795 shares beneficially owned following the transactions and 21,721 shares reported as disposed in one line. The Form 4 was signed by an attorney-in-fact on 08/18/2025 and includes explanations of the stock dividend adjustment and withholding method.

Christopher T. Metz, amministratore di Central Garden & Pet Company (CENTA), ha segnalato operazioni in data 14/08/2025 relative all'esercizio di opzioni e alla ritenuta di azioni. Ha esercitato un'opzione azionaria aggiornata in seguito al dividendo in azioni del 2023: l'opzione, originariamente per 7.043 azioni a $28,40, è diventata esercitabile per 8.803 azioni di Classe A con un prezzo effettivo di esercizio pari a $22,72. Tutte le 8.803 azioni dell'opzione sono state esercitate; l'emittente ha trattenuto 6.074 azioni per soddisfare il corrispondente prezzo di esercizio, portando il numero di azioni di cui detiene la beneficiaria titolarità a 27.795 azioni dopo le operazioni e indicando 21.721 azioni come cedute in un'unica voce. Il Modulo 4 è stato firmato da un procuratore il 18/08/2025 e contiene spiegazioni sull'adeguamento dovuto al dividendo in azioni e sul metodo di ritenuta.

Christopher T. Metz, director de Central Garden & Pet Company (CENTA), informó transacciones el 14/08/2025 relacionadas con el ejercicio de opciones y la retención de acciones. Ejerció una opción de acciones ajustada por el dividendo en acciones de 2023: la opción, originalmente por 7.043 acciones a $28,40, pasó a ser ejercitable por 8.803 acciones Clase A con un precio efectivo de ejercicio de $22,72. Las 8.803 acciones de la opción fueron ejercidas en su totalidad; el emisor retuvo 6.074 acciones para cubrir el precio total de ejercicio, resultando en 27.795 acciones en propiedad beneficiaria tras las operaciones y 21.721 acciones reportadas como enajenadas en una sola línea. El Formulario 4 fue firmado por un apoderado el 18/08/2025 e incluye explicaciones sobre el ajuste por dividendo en acciones y el método de retención.

Christopher T. Metz, Central Garden & Pet Company(CENTA)의 이사,는 2025년 8월 14일에 옵션 행사 및 주식 원천징수와 관련된 거래를 신고했습니다. 그는 2023년 주식배당으로 조정된 스톡옵션을 행사했는데, 해당 옵션은 원래 주당 $28.40에 7,043주였으나 8,803주의 클래스 A로 조정되어 유효 행사가격은 $22.72로 표시되었습니다. 모든 8,803주 옵션이 행사되었고, 발행사는 총 행사대금을 충당하기 위해 6,074주를 원천징수했습니다. 그 결과 거래 후 실질적 보유 주식 수는 27,795주가 되었고, 한 항목에 21,721주가 처분된 것으로 보고되었습니다. 해당 Form 4는 2025년 8월 18일에 법정대리인이 서명했으며 주식배당 조정 및 원천징수 방식에 대한 설명을 포함하고 있습니다.

Christopher T. Metz, administrateur de Central Garden & Pet Company (CENTA), a déclaré des opérations le 14/08/2025 portant sur l'exercice d'options et la rétention d'actions. Il a exercé une option ajustée suite au dividende en actions de 2023 : l'option, initialement pour 7 043 actions à $28,40, est devenue exerçable pour 8 803 actions de Classe A à un prix d'exercice effectif de $22,72. Les 8 803 actions de l'option ont toutes été exercées ; l'émetteur a retenu 6 074 actions pour couvrir le prix d'exercice global, portant le nombre d'actions détenues en usufruit à 27 795 actions après les opérations et déclarant 21 721 actions comme cédées en une seule ligne. Le formulaire 4 a été signé par un mandataire le 18/08/2025 et contient des explications sur l'ajustement lié au dividende en actions et sur la méthode de retenue.

Christopher T. Metz, Direktor von Central Garden & Pet Company (CENTA), meldete Transaktionen vom 14.08.2025 über Optionsausübungen und Aktieneinbehalt. Er übte eine Aktienoption aus, die durch die Aktiendividende 2023 angepasst worden war: die Option, ursprünglich für 7.043 Aktien zu $28,40, wurde zu einer Ausübung für 8.803 Klasse-A-Aktien mit einem effektiven Ausübungspreis von $22,72. Alle 8.803 Optionsaktien wurden ausgeübt; der Emittent hielt 6.074 Aktien ein, um den gesamten Ausübungspreis zu begleichen, wodurch nach den Transaktionen 27.795 Aktien wirtschaftlich gehalten wurden und 21.721 Aktien in einer Zeile als veräußert gemeldet wurden. Das Formular 4 wurde am 18.08.2025 von einem Bevollmächtigten unterschrieben und enthält Erläuterungen zur Anpassung wegen der Aktiendividende und zur Einbehaltungsmethode.

Positive
  • All exercised options were vested and fully executed, indicating completion of granted compensation terms
  • Beneficial ownership updated to 27,795 Class A shares following the transactions
Negative
  • 6,074 shares were withheld by the issuer to cover the aggregate exercise price
  • 21,721 shares were reported as disposed on the Form 4 (reflecting exercise/withholding activity)

Insights

TL;DR: Director exercised adjusted options and had shares withheld to cover exercise costs; ownership position updated.

The filing documents a routine, fully vested option exercise by Director Christopher Metz for 8,803 Class A shares after a prior stock dividend adjustment. The issuer withheld 6,074 shares to cover the aggregate exercise price, producing the reported reductions and final beneficial ownership of 27,795 shares. This is a standard Section 16 disclosure reflecting compensation-related option exercise mechanics rather than an open-market sale.

TL;DR: Form 4 records an administrative exercise and withholding tied to a prior dividend adjustment, updating insider holdings.

The submission includes necessary explanatory notes: the option terms were adjusted due to a 12/07/2023 stock dividend and became exercisable for a greater number of shares; the option grant dated 02/11/2020 was fully vested and exercised on 08/14/2025. The document is procedurally complete with an attorney-in-fact signature and details on how withholding was calculated (average of high and low sales prices on exercise date).

Christopher T. Metz, amministratore di Central Garden & Pet Company (CENTA), ha segnalato operazioni in data 14/08/2025 relative all'esercizio di opzioni e alla ritenuta di azioni. Ha esercitato un'opzione azionaria aggiornata in seguito al dividendo in azioni del 2023: l'opzione, originariamente per 7.043 azioni a $28,40, è diventata esercitabile per 8.803 azioni di Classe A con un prezzo effettivo di esercizio pari a $22,72. Tutte le 8.803 azioni dell'opzione sono state esercitate; l'emittente ha trattenuto 6.074 azioni per soddisfare il corrispondente prezzo di esercizio, portando il numero di azioni di cui detiene la beneficiaria titolarità a 27.795 azioni dopo le operazioni e indicando 21.721 azioni come cedute in un'unica voce. Il Modulo 4 è stato firmato da un procuratore il 18/08/2025 e contiene spiegazioni sull'adeguamento dovuto al dividendo in azioni e sul metodo di ritenuta.

Christopher T. Metz, director de Central Garden & Pet Company (CENTA), informó transacciones el 14/08/2025 relacionadas con el ejercicio de opciones y la retención de acciones. Ejerció una opción de acciones ajustada por el dividendo en acciones de 2023: la opción, originalmente por 7.043 acciones a $28,40, pasó a ser ejercitable por 8.803 acciones Clase A con un precio efectivo de ejercicio de $22,72. Las 8.803 acciones de la opción fueron ejercidas en su totalidad; el emisor retuvo 6.074 acciones para cubrir el precio total de ejercicio, resultando en 27.795 acciones en propiedad beneficiaria tras las operaciones y 21.721 acciones reportadas como enajenadas en una sola línea. El Formulario 4 fue firmado por un apoderado el 18/08/2025 e incluye explicaciones sobre el ajuste por dividendo en acciones y el método de retención.

Christopher T. Metz, Central Garden & Pet Company(CENTA)의 이사,는 2025년 8월 14일에 옵션 행사 및 주식 원천징수와 관련된 거래를 신고했습니다. 그는 2023년 주식배당으로 조정된 스톡옵션을 행사했는데, 해당 옵션은 원래 주당 $28.40에 7,043주였으나 8,803주의 클래스 A로 조정되어 유효 행사가격은 $22.72로 표시되었습니다. 모든 8,803주 옵션이 행사되었고, 발행사는 총 행사대금을 충당하기 위해 6,074주를 원천징수했습니다. 그 결과 거래 후 실질적 보유 주식 수는 27,795주가 되었고, 한 항목에 21,721주가 처분된 것으로 보고되었습니다. 해당 Form 4는 2025년 8월 18일에 법정대리인이 서명했으며 주식배당 조정 및 원천징수 방식에 대한 설명을 포함하고 있습니다.

Christopher T. Metz, administrateur de Central Garden & Pet Company (CENTA), a déclaré des opérations le 14/08/2025 portant sur l'exercice d'options et la rétention d'actions. Il a exercé une option ajustée suite au dividende en actions de 2023 : l'option, initialement pour 7 043 actions à $28,40, est devenue exerçable pour 8 803 actions de Classe A à un prix d'exercice effectif de $22,72. Les 8 803 actions de l'option ont toutes été exercées ; l'émetteur a retenu 6 074 actions pour couvrir le prix d'exercice global, portant le nombre d'actions détenues en usufruit à 27 795 actions après les opérations et déclarant 21 721 actions comme cédées en une seule ligne. Le formulaire 4 a été signé par un mandataire le 18/08/2025 et contient des explications sur l'ajustement lié au dividende en actions et sur la méthode de retenue.

Christopher T. Metz, Direktor von Central Garden & Pet Company (CENTA), meldete Transaktionen vom 14.08.2025 über Optionsausübungen und Aktieneinbehalt. Er übte eine Aktienoption aus, die durch die Aktiendividende 2023 angepasst worden war: die Option, ursprünglich für 7.043 Aktien zu $28,40, wurde zu einer Ausübung für 8.803 Klasse-A-Aktien mit einem effektiven Ausübungspreis von $22,72. Alle 8.803 Optionsaktien wurden ausgeübt; der Emittent hielt 6.074 Aktien ein, um den gesamten Ausübungspreis zu begleichen, wodurch nach den Transaktionen 27.795 Aktien wirtschaftlich gehalten wurden und 21.721 Aktien in einer Zeile als veräußert gemeldet wurden. Das Formular 4 wurde am 18.08.2025 von einem Bevollmächtigten unterschrieben und enthält Erläuterungen zur Anpassung wegen der Aktiendividende und zur Einbehaltungsmethode.

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*
METZ CHRISTOPHER T

(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 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025
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 08/14/2025 M 8,803 A $22.72(1) 27,795 D
Class A Common Stock 08/14/2025 F(2) 6,074 D $32.93 21,721 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
Stock Option (Right to Buy) $22.72(3) 08/14/2025 M 8,803(3) (4) 02/11/2026 Class A Common Stock(3) 8,803(3) $0 0 D
Explanation of Responses:
1. On December 7, 2023, Company declared a stock dividend, payable to all holders on record of Common Stock and Class A Common Stock as of January 8, 2024, of one share of Class A Common Stock for every four shares of Common Stock and Class A Common Stock outstanding. At the same time, pursuant to anti-dilution provisions, an option for 7,043 shares Class A Common Stock on January 8, 2024 became exercisable for 8,803 shares of Class A Common Stock.
2. Shares withheld by the Issuer in payment of the aggregate option exercise price 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.
3. This option was previously reported as an option for 7,043 shares of Class A Common Stock at an exercise price of $28.40 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, 1,760 shares of Class A Common Stock for no additional consideration.
4. Options were granted on February 11, 2020, and all shares are vested and have been exercised.
/s/Filomena Eickstaedt as Attorney-in-Fact for Christopher Metz 08/18/2025
** 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.

FAQ

What transactions did Christopher T. Metz report on Form 4 for CENTA?

He exercised 8,803 vested stock option shares on 08/14/2025 and had 6,074 shares withheld to cover the exercise price, with 27,795 shares owned after the transaction.

Why did the option size and exercise terms change from the original grant?

The option was adjusted due to a stock dividend declared on 12/07/2023, which increased the number of shares and changed the effective exercise allocation as explained in the filing.

When were the options originally granted and fully vested?

Options were granted on 02/11/2020 and the filing states all shares were vested and exercised on 08/14/2025.

How was the number of shares withheld determined?

The issuer withheld shares based on the average of the high and low sales prices on the date of exercise, per the filing's explanation.

Who signed the Form 4 filing for Christopher Metz?

Filomena Eickstaedt signed as Attorney-in-Fact for Christopher Metz on 08/18/2025.
Central Garden & Pet Co

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