Charles River (CRL) director awarded 422 restricted stock units as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barg Steven reported acquisition or exercise transactions in this Form 4 filing.
Charles River Laboratories director Steven Barg received an equity grant as part of his board compensation. He was awarded 422 shares of Common Stock in the form of restricted stock units at a reference price of $174.79 per share, bringing his direct holdings to 3,287 shares following the grant.
The grant was made in lieu of director service fees for the term beginning on May 5, 2026. These restricted stock units will vest on the earlier of June 2, 2027 or the business day before the company’s next annual meeting of shareholders, making this a routine, compensation-related, non-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barg Steven
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 422 | $174.79 | $74K |
Holdings After Transaction:
Common Stock — 3,287 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 422 shares
Reference price: $174.79 per share
Post-grant holdings: 3,287 shares
+3 more
6 metrics
RSU grant size
422 shares
Restricted stock units granted to director Steven Barg
Reference price
$174.79 per share
Transaction price per share for RSU grant
Post-grant holdings
3,287 shares
Total Common Stock directly held after grant
Transaction code
A
Grant, award, or other acquisition of Common Stock
Grant date
June 2, 2026
Transaction date for the RSU award
Vesting date trigger
June 2, 2027
Vests earlier of this date or before next annual meeting
Key Terms
restricted stock units, director service fees, annual meeting of shareholders, Common Stock
4 terms
restricted stock units financial
"The restricted stock units vest upon the earlier of 6/2/2027, or the business day prior to the Company's next annual meeting of shareholders."
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.
director service fees financial
"The grant was made in lieu of director service fees for the term commencing May 5, 2026."
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CRL director Steven Barg report on this Form 4?
Director Steven Barg reported receiving 422 restricted stock units of Charles River Laboratories Common Stock. The units were granted as part of his director compensation, rather than as a market purchase, and increase his direct holdings to 3,287 shares after the transaction.
Was the CRL Form 4 transaction a market buy or a compensation grant?
The Form 4 shows a compensation-related grant, not a market purchase. Steven Barg received 422 restricted stock units in lieu of cash director service fees, classified as a grant or award acquisition under transaction code A for Common Stock.
When do Steven Barg’s CRL restricted stock units vest?
The restricted stock units granted to Steven Barg vest on the earlier of June 2, 2027, or the business day immediately before Charles River Laboratories’ next annual meeting of shareholders, aligning the vesting schedule with his director service term.
Why did CRL grant restricted stock units instead of paying director fees in cash?
The filing states the grant was made in lieu of director service fees for the term beginning May 5, 2026. This means Charles River Laboratories compensated director Steven Barg with equity-based restricted stock units rather than traditional cash fees for that service period.