4/A: Charles River Labs EVP Victoria Creamer Reports Stock Disposals to Cover Tax Obligations

Victoria Creamer, EVP & Chief People Officer at Charles River Laboratories, filed an amendment to a previous Form 4, reporting the disposal of shares to cover tax obligations.

Summary

• Victoria L. Creamer, EVP & Chief People Officer of Charles River Laboratories International, Inc., filed an amended Form 4 with the SEC.
• The form reports changes in beneficial ownership of securities.
• Creamer disposed of shares of common stock on May 26, 2024 (180 shares), May 27, 2024 (170 shares), and May 28, 2024 (114 shares) to cover tax obligations.
• The price for each disposal was $217.21 per share.
• Following these transactions, Creamer beneficially owns 13,052 shares of Charles River Laboratories International, Inc.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing related to stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity. The transactions are related to tax obligations, which is a neutral event.

Industry Context

This filing is a routine disclosure related to executive stock transactions and is common for publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies.
• Form 4 filings are standard practice and ensure transparency in insider trading.
• Comparable companies like Labcorp (LH) and Quest Diagnostics (DGX) also have executives who regularly file Form 4s related to stock transactions.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates