Charles River (NYSE: CRL) executive logs tax-share withholding and trust gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Charles River Laboratories executive Shannon M. Parisotto reported routine share dispositions tied to compensation and estate planning, not open‑market trading. On May 26 and 27, 2026, 273 shares of common stock were withheld at prices of $160.30 and $156.73 per share to cover tax obligations, leaving 7,742 shares held directly.
On February 6, 2026, 7,169 shares were transferred as a bona fide gift from Parisotto to a revocable trust controlled by her, and are now reported as indirectly owned. Separate from the trust, she also reports indirect ownership of 28,510 shares through Karpathos Investments LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,338 shares gifted
Mixed
5 txns
Insider
Parisotto Shannon M
Role
CEVP, Disc & Safety Assessment
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 105 | $156.73 | $16K |
| Tax Withholding | Common Stock | 168 | $160.30 | $27K |
| Gift | Common Stock | 7,169 | $0.00 | -- |
| Gift | Common Stock | 7,169 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,742 shares (Direct, null);
Common Stock — 8,151 shares (Indirect, By Trust)
Footnotes (1)
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Key Figures
Tax withholding on May 27, 2026: 105 shares at $156.73
Tax withholding on May 26, 2026: 168 shares at $160.30
Direct holdings after latest transaction: 7,742 shares
+5 more
8 metrics
Tax withholding on May 27, 2026
105 shares at $156.73
Common stock withheld to cover tax liability
Tax withholding on May 26, 2026
168 shares at $160.30
Common stock withheld to cover tax liability
Direct holdings after latest transaction
7,742 shares
Common stock held directly after May 27, 2026
Bona fide gift transfer
7,169 shares
Common stock gifted on February 6, 2026
Trust holdings after gift
8,151 shares
Common stock held indirectly by trust after February 6, 2026
Indirect holdings via Karpathos
28,510 shares
Common stock held indirectly by Karpathos Investments LLC
Total tax-withholding shares
273 shares
Combined May 26 and 27, 2026 dispositions
Total gifted shares
14,338 shares
Two 7,169-share bona fide gift entries on February 6, 2026
Key Terms
Payment of exercise price or tax liability by delivering securities, bona fide gift, revocable trust, Rule 16a-13, +1 more
5 terms
Payment of exercise price or tax liability by delivering securities financial
"Transaction code F is described as "Payment of exercise price or tax liability by delivering securities" for these entries."
bona fide gift financial
"Transaction code G is explained as a "Bona fide gift" for the 7,169-share transfers."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
revocable trust financial
"Shares were transferred to a revocable trust controlled by the reporting person."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Rule 16a-13 regulatory
"The exempt transfer of 7,169 shares is described as occurring pursuant to Rule 16a-13."
Karpathos Investments LLC financial
"An indirect holding entry lists shares held "by Karpathos Investments LLC.""
FAQ
What insider transactions did CRL executive Shannon M. Parisotto report on this Form 4?
Shannon M. Parisotto reported tax-related share dispositions and internal transfers. A total of 273 shares of common stock were withheld to satisfy tax obligations, and 7,169 shares were transferred as a bona fide gift to a revocable trust that she controls.
What does the bona fide gift reported by Shannon M. Parisotto involve for CRL stock?
The bona fide gift involves 7,169 common shares transferred from Shannon M. Parisotto to a revocable trust she controls. The filing describes this as an exempt transfer under Rule 16a-13, moving shares from her direct ownership to indirect ownership via the trust.