CRL (NYSE: CRL) SVP Michael Knell awarded 1,837 shares, 200 used for tax withholding
Rhea-AI Filing Summary
CHARLES RIVER LABORATORIES INTERNATIONAL, INC. executive Michael Gunnar Knell, SVP Finance and CAO, reported compensation-related equity activity in company common stock. On May 29, 2026, he received a grant of 1,837 shares of common stock valued at $180.71 per share as a stock award. On May 30, 2026 and May 31, 2026, a total of 200 shares (152 and 48 shares, respectively) were disposed of as tax-withholding transactions at the same reference price of $180.71 per share, meaning the shares were used to cover tax obligations rather than sold in the open market. After these transactions, Knell directly owned 16,152 shares of common stock. A footnote states that unvested restricted stock units will ratably vest each year on May 29, 2027, May 29, 2028, May 29, 2029, and May 29, 2030, indicating a multi-year vesting schedule for his equity awards.
Positive
- None.
Negative
- None.
Insights
Routine equity award with tax withholding; no open-market trading signal.
The filing shows Michael Gunnar Knell receiving 1,837 shares of common stock as a compensation grant at $180.71 per share. This is coded as an acquisition (A), reflecting standard equity-based pay rather than a market purchase.
Two subsequent F-code entries totaling 200 shares are labeled as tax-withholding dispositions to cover exercise price or tax liabilities, not open-market sales. These mechanistic transactions typically carry limited information about management’s view of the stock.
Following the activity, Knell holds 16,152 shares directly, suggesting the net change is modest relative to his reported position. A footnote describing restricted stock units vesting annually through 2030 underscores that a meaningful portion of his compensation remains tied to future stock performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 48 | $180.71 | $9K |
| Tax Withholding | Common Stock | 152 | $180.71 | $27K |
| Grant/Award | Common Stock | 1,837 | $180.71 | $332K |
Footnotes (1)
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