Insider Sale: CENTA President Disposes of 3,500 Class A Shares at ~$32.59
Rhea-AI Filing Summary
John D. Walker III, President, Garden Consumer Pro at Central Garden & Pet Co. (CENTA), reported an insider stock sale. On 08/25/2025 he disposed of 3,500 shares of Class A Common Stock at an average price reported as $32.5892 (range disclosed $32.51–$32.63). After the sale the reporting person beneficially owned 67,328 shares directly and held an additional 2,173 units indirectly through the company 401(k) CENTA Stock Fund, which includes shares of CENTA stock and cash. The Form 4 was signed by an attorney-in-fact on 08/26/2025.
Positive
- Retained meaningful equity stake with 67,328 shares owned directly after the sale
- Additional indirect holdings of 2,173 units through the company 401(k) CENTA Stock Fund
Negative
- Insider disposition of 3,500 Class A Common Stock on 08/25/2025
- Sale reduces direct holdings though exact prior holdings are not disclosed in this form
Insights
TL;DR: Routine insider sale of 3,500 shares; meaningful residual ownership remains at 67,328 shares plus 2,173 401(k) units.
The filing documents a single open-market disposition by an executive on 08/25/2025 of 3,500 Class A shares at an average price of $32.5892, with a disclosed price range of $32.51–$32.63. Post-transaction direct beneficial ownership is reported as 67,328 shares, supplemented by 2,173 units in the company 401(k) stock fund held indirectly. This appears to be a routine, non-plan sale rather than an exercise or derivative transaction; no additional transactions, grants, or changes to derivative holdings are reported.
TL;DR: Disclosure meets Section 16 reporting: sale recorded, remaining holdings disclosed, form executed by attorney-in-fact.
The Form 4 identifies the reporting person as an officer with title provided and indicates individual filing. The document includes the required disclosure of sale quantity, price information, and remaining direct and indirect ownership. The signature block shows the form was filed by an attorney-in-fact on 08/26/2025. There are no disclosures of plan-based trades, Rule 10b5-1 labels, or amendments, and no derivative positions reported.