Form 4: Charles River Labs EVP Victoria Creamer Reports Stock Transactions
SEC Form 4 Filing
Victoria Creamer, EVP & Chief People Officer at Charles River Laboratories, reports acquisition of shares through performance share unit awards and disposition of shares to cover tax obligations.
Summary
- On January 31, 2025, Victoria L. Creamer, EVP & Chief People Officer of Charles River Laboratories International, Inc., acquired 2,468 shares of common stock related to performance share unit awards.
- These awards were originally granted on May 27, 2022, and the shares were issued following the achievement of performance goals.
- On the same day, Ms. Creamer disposed of 791 shares of common stock at a price of $165.57 per share.
- Following these transactions, Ms. Creamer beneficially owns 16,506 shares of Charles River Laboratories International, Inc.
Sentiment
Score: 6
Explanation: Neutral sentiment as the transactions appear to be routine and related to compensation and tax obligations. The acquisition of shares due to meeting performance goals is mildly positive, while the sale is likely for tax purposes.
Positives
- The acquisition of shares indicates that performance goals were met, which could be viewed positively.
Negatives
- The sale of shares could be interpreted negatively, although it appears to be related to covering tax obligations.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation packages and tax obligations. Monitoring these transactions can provide insights into executive sentiment and company performance.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect executive compensation and tax-related sales.
Key Dates
| Date | Description |
|---|---|
| May 27, 2022 | Date performance share unit awards were originally granted. |
| January 31, 2025 | Date of stock acquisition and disposition. |
| February 02, 2025 | Date of signature on the Form 4 filing. |
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