Form 4: Charles River Laboratories Executive Sells Shares
SEC Form 4 Filing
Michael Gunnar Knell, CSVP & Chief Accounting Officer of Charles River Laboratories, sold 808 shares of common stock on March 8, 2024.
Summary
- Michael Gunnar Knell, CSVP & Chief Accounting Officer of Charles River Laboratories International, Inc., sold 808 shares of common stock on March 8, 2024.
- The shares were sold at a price of $267.52 per share.
- Following the transaction, Knell directly owns 7,024 shares of Charles River Laboratories common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a common practice and doesn't necessarily indicate a problem with the company.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock sale transaction |
| 03/11/2024 | Date of signature on the Form 4 filing |
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