Charles River (NYSE: CRL) finance executive reports small tax-withholding share moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHARLES RIVER LABORATORIES INTERNATIONAL, INC. senior vice president of finance and chief accounting officer Michael Gunnar Knell reported two small tax-related share dispositions. On May 26, 2026, 50 shares of common stock were delivered at $160.30 per share, and on May 27, 2026, 37 shares were delivered at $156.73 per share. Both transactions are classified as tax-withholding dispositions to pay an exercise price or tax liability, rather than open-market sales. Following these transactions, Knell directly holds 14,515 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Knell Michael Gunnar
Role
SVP, Finance and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 37 | $156.73 | $6K |
| Tax Withholding | Common Stock | 50 | $160.30 | $8K |
Holdings After Transaction:
Common Stock — 14,515 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares (total): 87 shares
First tax-withholding trade size: 50 shares
First disposition price: $160.30 per share
+3 more
6 metrics
Tax-withholding shares (total)
87 shares
Total F-code tax-withholding dispositions reported
First tax-withholding trade size
50 shares
Common stock on May 26, 2026
First disposition price
$160.30 per share
Tax-withholding disposition on May 26, 2026
Second tax-withholding trade size
37 shares
Common stock on May 27, 2026
Second disposition price
$156.73 per share
Tax-withholding disposition on May 27, 2026
Shares held after transactions
14,515 shares
Direct common stock ownership after May 27, 2026
Key Terms
tax-withholding disposition, Common Stock, Payment of exercise price or tax liability by delivering securities, Form 4
4 terms
tax-withholding disposition financial
"Both transactions are classified as tax-withholding dispositions to pay an exercise price or tax liability"
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.
Common Stock financial
"50 shares of common stock were delivered at $160.30 per share"
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: Payment of exercise price or tax liability by delivering securities"
Form 4 regulatory
"This post-transaction holding figure is disclosed in the Form 4 for each transaction line"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider activity did CRL executive Michael Gunnar Knell report on this Form 4?
Michael Gunnar Knell reported two tax-withholding dispositions of Charles River common stock. He delivered 50 shares on May 26, 2026 and 37 shares on May 27, 2026 to cover an exercise price or tax liability, rather than executing open-market sales.
Do these CRL Form 4 entries represent open-market sales by the executive?
The entries do not represent open-market sales. Both transactions are coded as “F” and described as payment of an exercise price or tax liability by delivering securities, indicating tax-withholding dispositions rather than discretionary market sales of Charles River common stock.