Form 4: Charles River Laboratories Director George Massaro Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Director George Massaro of Charles River Laboratories sold common stock in multiple transactions on May 15, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On May 15, 2025, George Massaro, a director at Charles River Laboratories International, Inc., sold shares of common stock.
- The sales were executed in multiple transactions at varying prices.
- A total of 35 shares were sold at a weighted average price of $136.32.
- An additional 81 shares were sold at a weighted average price of $137.68.
- Finally, 24 shares were sold at a weighted average price of $139.05.
- These sales were conducted under a 10b5-1 trading plan adopted on August 19, 2024.
- Following these transactions, Massaro directly owns 5,575 shares of Charles River Laboratories common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing reflects routine trading activity by a company insider and is a common occurrence in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of adoption of the 10b5-1 trading plan. |
| 05/15/2025 | Date of the stock sale transactions. |
| 05/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Charles River Laboratories, CRL, George Massaro, Stock Sale, Director, 10b5-1 Trading Plan, Beneficial Ownership
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