Charles River (NYSE: CRL) EVP awarded 5,257 shares, 979 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Charles River Laboratories executive Joseph W. LaPlume reported equity compensation activity involving company common stock. On May 29, he received a grant of 5,257 shares of Common Stock, increasing his direct holdings. The filing shows this as a grant or award, not an open-market purchase.
On May 30 and May 31, a total of 979 shares were disposed of at $180.71 per share to satisfy tax withholding obligations related to the award. These tax-withholding dispositions are not open-market sales. After these transactions, LaPlume directly holds 31,298 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
LaPlume Joseph W
Role
EVP, Corp Strategy & Develop
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 235 | $180.71 | $42K |
| Tax Withholding | Common Stock | 744 | $180.71 | $134K |
| Grant/Award | Common Stock | 5,257 | $180.71 | $950K |
Holdings After Transaction:
Common Stock — 31,298 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock grant: 5,257 shares
Tax-withholding shares: 979 shares
Tax-withholding price: $180.71 per share
+3 more
6 metrics
Stock grant
5,257 shares
Common Stock grant/award on May 29
Tax-withholding shares
979 shares
Shares delivered for tax liability on May 30–31
Tax-withholding price
$180.71 per share
Price used for tax-withholding dispositions
Shares after transactions
31,298 shares
Directly owned following May 31 transaction
Tax-withholding on May 30
744 shares
Disposition to cover tax liability
Tax-withholding on May 31
235 shares
Disposition to cover tax liability
Key Terms
grant/award acquisition, tax-withholding disposition, restricted stock units
3 terms
grant/award acquisition financial
"the filing shows this as a grant or award, not an open-market purchase"
tax-withholding disposition financial
"a total of 979 shares were disposed of to satisfy tax withholding obligations"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units financial
"Unvested restricted stock units annually ratably vest on: May 29, 2027; May 29, 2028; May 29, 2029; May 29, 2030."
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.
FAQ
What did CRL executive Joseph W. LaPlume report in this Form 4 filing?
Joseph W. LaPlume reported an equity award and related tax withholding. He received 5,257 shares of Charles River Laboratories common stock as a grant, with 979 shares disposed of to cover tax obligations, leaving him with 31,298 shares held directly.
Were the CRL transactions in this Form 4 open-market buys or sells?
No, the transactions were a grant and tax-withholding dispositions. The filing classifies the 5,257 shares as a grant or award acquisition and the 979 shares as tax-withholding dispositions, meaning they were for compensation and tax purposes, not open-market trading decisions.