Form 4: Charles River Laboratories CEO James C. Foster Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


James C. Foster, Chairman, President, and CEO of Charles River Laboratories, reports a transaction involving the transfer of shares from a GRAT account to direct holdings.

Summary

  • On November 8, 2024, James C. Foster, Chairman, President, and CEO of Charles River Laboratories, reported changes in beneficial ownership of the company's common stock.
  • Foster transferred 4,500 shares of common stock directly.
  • 3,532 shares were transferred from the 2022 GRAT account to direct holdings on November 11, 2024.
  • Following the reported transaction, Foster directly owns 184,783 shares of Charles River Laboratories common stock.
  • Foster also has indirect ownership through various trusts and a spousal holding.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard insider trading reporting requirements. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

  • The transaction itself is unlikely to have a significant impact on stakeholders.
  • The disclosure provides transparency to shareholders regarding executive stock ownership.

Key Dates

DateDescription
11/08/2024Date of the reported transaction.
11/11/20243,532 shares were transferred from the 2022 GRAT account to Direct holdings.
11/12/2024Date of signature on the Form 4 filing.

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