4/A: Charles River Laboratories Executive VP & CFO Reports Stock Disposals
SEC Form 4/A
Flavia Pease, Corporate Executive VP & CFO of Charles River Laboratories, reports the disposal of common stock to cover tax obligations.
Summary
- Flavia Pease, Corporate Executive VP & CFO of Charles River Laboratories International, Inc., filed an amendment to a previous Form 4.
- The report details the disposal of common stock on May 26, 2024, and May 27, 2024, to satisfy tax obligations.
- A total of 212 and 194 shares were disposed of on each day respectively, at a price of $217.21 per share.
- Following these transactions, Pease directly owns 7,795 and 7,601 shares of common stock respectively.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation, tax planning, or portfolio diversification. The disposal of shares to cover tax obligations is a routine practice.
Stakeholder Impact
- The disposal of shares by a high-ranking executive could be perceived negatively by some shareholders, although it is a common practice for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/26/2024 | Disposal of 212 shares of common stock at $217.21 per share. |
| 05/27/2024 | Disposal of 194 shares of common stock at $217.21 per share. |
| 05/29/2024 | Date of original filing. |
| 05/30/2024 | Date of signature on the amended form. |
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