Director at Charles River (NYSE: CRL) gets 1,438-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Andrews Nancy C reported acquisition or exercise transactions in this Form 4 filing.
Charles River Laboratories director Nancy C. Andrews received an equity grant of 1,438 shares of Common Stock, valued at $177.62 per share. This was a compensation-related grant, not an open-market purchase, and increased her direct holdings to 5,402 shares.
The footnote states that the unvested restricted stock units vest on the earlier of May 8, 2027, or the business day before the company’s next annual meeting of shareholders, tying the award to continued service and the company’s governance calendar.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Andrews Nancy C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,438 | $177.62 | $255K |
Holdings After Transaction:
Common Stock — 5,402 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 1,438 shares
Grant reference price: $177.62 per share
Holdings after transaction: 5,402 shares
+1 more
4 metrics
Equity grant size
1,438 shares
Common Stock grant to director Nancy C. Andrews
Grant reference price
$177.62 per share
Price per share reported for the 1,438-share grant
Holdings after transaction
5,402 shares
Total Common Stock directly held after the grant
Vesting date trigger
May 8, 2027
Latest vesting date for unvested restricted stock units
Key Terms
restricted stock units, annual meeting of shareholders, grant, award, or other acquisition
3 terms
restricted stock units financial
"The unvested restricted stock units vest upon the earlier of 5/8/2027 or the business day prior..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Nancy C. Andrews report for Charles River Laboratories (CRL)?
Nancy C. Andrews reported receiving a grant of 1,438 shares of Charles River Laboratories Common Stock as compensation. The Form 4 classifies this as a grant or award acquisition rather than an open-market purchase, reflecting routine equity-based director compensation.
Was the Nancy C. Andrews Form 4 for CRL a stock purchase or a grant?
The Form 4 shows a grant, not a market purchase. Andrews acquired 1,438 Common Stock shares through a compensation-related grant at a reference price of $177.62 per share, categorized as a “grant, award, or other acquisition” rather than a discretionary buy in the open market.
When do Nancy C. Andrews’ unvested restricted stock units in CRL vest?
The unvested restricted stock units vest on the earlier of May 8, 2027, or the business day prior to Charles River’s next annual meeting of shareholders. This schedule connects the vesting of the award to both a fixed date and the company’s future shareholder meeting timing.
Does the Nancy C. Andrews Form 4 for CRL indicate any stock sales?
The Form 4 does not report any stock sales. It shows one acquisition transaction classified as a grant or award of 1,438 Common Stock shares, with no corresponding sale, tax-withholding disposition, or derivative exercise activity disclosed in the transaction summary for this filing.