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

Victoria L. Creamer, EVP & Chief People Officer at Charles River Laboratories, reported the disposal of common stock to cover tax obligations arising from equity awards.

Summary

• Victoria L. Creamer, an Executive Vice President and Chief People Officer at Charles River Laboratories International, Inc., filed a Form 4 detailing changes in her beneficial ownership of the company's common stock.
• The report indicates that Creamer disposed of shares on May 26, 2024 (180 shares), May 27, 2024 (122 shares), and May 28, 2024 (77 shares) at a price of $217.21 per share.
• These disposals were made to satisfy tax obligations related to equity awards.
• Following these transactions, Creamer directly owns 13,137 shares of Charles River Laboratories International, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock disposal has a minimal impact on shareholders as it is related to tax obligations and does not indicate a change in the executive's long-term outlook on the company.

Key Dates