Form 4: Charles River Laboratories Executive Flavia Pease Reports Stock Disposals
SEC Form 4 Filing
Flavia Pease, Corporate Executive VP & CFO of Charles River Laboratories, reported disposing of common stock to cover tax obligations.
Summary
- Flavia Pease, a Corporate Executive VP & CFO at Charles River Laboratories International, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 26, 2024, she disposed of 212 shares of common stock at a price of $217.21.
- On May 27, 2024, she disposed of 144 shares of common stock at a price of $217.21.
- Following these transactions, Pease directly owns 7,651 shares of Charles River Laboratories common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals by an executive, which is a routine event.
Industry Context
Executive stock disposals are a common occurrence and are often related to tax obligations or diversification strategies. The filing provides transparency into the transactions of company insiders.
Stakeholder Impact
- The stock disposal has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/26/2024 | Disposal of 212 shares of common stock at $217.21 per share. |
| 05/27/2024 | Disposal of 144 shares of common stock at $217.21 per share. |
| 05/28/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.