Charles River (NYSE: CRL) director receives stock grants instead of fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Charles River Laboratories International director George Llado Sr. reported receiving equity-based compensation in the form of common stock awards. On May 8, 2026, he acquired 450 shares and a separate award of 1,438 shares, both at an indicated price of $177.62 per share.
Footnotes explain these are unvested restricted stock units that vest upon the earlier of May 8, 2027 or the business day prior to the company’s next annual meeting of shareholders. One grant was made in lieu of director service fees for the term commencing May 5, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Llado George Sr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,438 | $177.62 | $255K |
| Grant/Award | Common Stock | 450 | $177.62 | $80K |
Holdings After Transaction:
Common Stock — 6,252 shares (Direct, null)
Footnotes (1)
- The unvested restricted stock units vest upon the earlier of 5/8/2027 or the business day prior to the Company's next annual meeting of shareholders. The grant was made in lieu of director service fees for the term commencing May 5, 2026. The restricted stock units vest upon the earlier of 5/8/2027, or the business day prior to the Company's next annual meeting of shareholders.
Key Figures
Grant 1 shares: 450 shares
Grant 1 price: $177.62 per share
Grant 1 holdings after: 6,702 shares
+4 more
7 metrics
Grant 1 shares
450 shares
Common Stock grant on May 8, 2026
Grant 1 price
$177.62 per share
Indicated price for 450-share award
Grant 1 holdings after
6,702 shares
Total common shares following 450-share grant
Grant 2 shares
1,438 shares
Second Common Stock grant on May 8, 2026
Grant 2 price
$177.62 per share
Indicated price for 1,438-share award
Grant 2 holdings after
6,252 shares
Total common shares following 1,438-share grant
Vesting date
May 8, 2027
RSUs vest by this date or before next annual meeting
Key Terms
restricted stock units, director service fees, annual meeting of shareholders, grant, award, or other acquisition
4 terms
restricted stock units financial
"The unvested restricted stock units vest upon the earlier of 5/8/2027..."
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..."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did CRL director George Llado Sr. report?
George Llado Sr., a director of Charles River Laboratories (CRL), reported receiving two equity awards: 450 shares and 1,438 shares of common stock on May 8, 2026. These awards are compensation grants, not open-market purchases or sales.
Were George Llado Sr.’s CRL stock awards open-market purchases?
No, the CRL transactions are coded as grants or awards, not open-market purchases. The Form 4 describes them as acquisitions under code “A,” indicating compensation-related grants rather than discretionary buying of shares in the market.
When do George Llado Sr.’s CRL restricted stock units vest?
The unvested restricted stock units vest on the earlier of May 8, 2027, or the business day before Charles River Laboratories’ next annual meeting of shareholders. This schedule applies to both the existing unvested units and the new grant made in lieu of director fees.
Why did CRL grant restricted stock units to director George Llado Sr.?
One of the CRL grants was issued in lieu of director service fees for the term beginning May 5, 2026. Instead of receiving cash fees, the director received restricted stock units that will vest based on the specified future vesting schedule tied to the annual meeting.