4/A: Charles River Laboratories Executive VP William D. Barbo Reports Stock Disposals
SEC Filing
Corporate Executive VP & CCO of Charles River Laboratories, William D. Barbo, filed an amendment to a previous Form 4, reporting the disposal of common stock to cover tax obligations.
Summary
- William D. Barbo, Corporate Executive VP & CCO of Charles River Laboratories, filed an amended Form 4 with the SEC.
- The amendment corrects a previous filing made on May 28, 2024.
- The report details the disposal of common stock on May 26, 27 and 28, 2024.
- A total of 177, 147 and 99 shares were disposed of on each of those days respectively, at a price of $217.21 per share.
- These disposals were likely to cover tax obligations.
- Following these transactions, Barbo directly owns 3,612 shares of common stock and indirectly owns 22,842 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for executives holding company stock.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/26/2024 | Disposal of 177 shares of Common Stock at $217.21. |
| 05/27/2024 | Disposal of 147 shares of Common Stock at $217.21. |
| 05/28/2024 | Disposal of 99 shares of Common Stock at $217.21; Date of original filing. |
| 05/30/2024 | Date of signature on the amended report. |
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