February 10, 2025 · Form 4 insider transaction
PENNINGTON BROOKS III bought 8,803 shares of Central Garden & Pet Company at $22.72 per share, a transaction worth $200.0K. The trade was recorded as option exercise under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Options exercised under sales plan pursuant to Rule 10b5-1(c)(1) of the Securities Exchange Act of 1934, as amended.; 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 7043 shares Class A Common Stock on January 8, 2024 became exercisable for 8803 shares of Class A Common Stock.