Form 4: Charles River Laboratories Executive Reports Routine Stock Dispositions for Tax Purposes
Insider Transaction Report
Shannon M. Parisotto, CEVP of Discovery and Safety Assessment at Charles River Laboratories, reported the disposition of common stock shares totaling 213 units over three days in late May 2025, primarily for tax withholding purposes.
Summary
- Shannon M. Parisotto, CEVP, Disc & Safety Assessment at Charles River Laboratories International, Inc. (CRL), filed a Form 4 reporting changes in beneficial ownership.
- On May 26, 2025, Parisotto disposed of 104 shares of Common Stock at a price of $136.73 per share.
- On May 27, 2025, an additional 65 shares of Common Stock were disposed of at $136.73 per share.
- On May 28, 2025, 44 shares of Common Stock were disposed of at $138.65 per share.
- All reported dispositions were marked with transaction code 'F', indicating shares were withheld to cover tax obligations.
- Following these transactions, Shannon M. Parisotto directly beneficially owned 7,499 shares of Common Stock.
- Additionally, 28,510 shares of Common Stock are indirectly beneficially owned by Karpathos Investments LLC.
Sentiment
Score: 5
Explanation: The filing reports routine stock dispositions for tax withholding purposes, which is a common and expected event for executives receiving equity compensation and does not indicate a change in sentiment or company performance. Therefore, the sentiment is neutral.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a routine insider transaction filing (Form 4) and does not provide broader industry context or trends. It reflects individual executive stock activity rather than company-wide strategic or operational developments.
Related Party Transactions
- The document notes indirect beneficial ownership of 28,510 shares by Karpathos Investments LLC, which is a related entity to the reporting person.
Stakeholder Impact
- The routine disposition of shares for tax purposes by an executive has minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as it is a standard administrative event related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 05/26/2025 | Disposition of 104 shares of Common Stock at $136.73 for tax withholding. |
| 05/27/2025 | Disposition of 65 shares of Common Stock at $136.73 for tax withholding. |
| 05/28/2025 | Disposition of 44 shares of Common Stock at $138.65 for tax withholding. |
Recommendation
holdKeywords
Charles River Laboratories, CRL, Form 4, Insider Transaction, Stock Disposition, Shannon M. Parisotto, Beneficial Ownership, SEC Filing, Tax Withholding
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.