CRL (CRL) CEO shifts 6,772 shares via bona fide gifts, keeps large stake
Rhea-AI Filing Summary
Charles River Laboratories' CEO Birgit Girshick reported exempt insider transfers primarily structured as gifts rather than market sales. She made bona fide gifts totaling 6,772 shares of Common Stock on June 5, 2026, including a transfer of 3,386 shares to a revocable trust she controls under Rule 16a-13.
Following these transfers, she holds 36,013 Common shares directly and 43,803 shares indirectly through the revocable trust. She also holds stock options covering 8,722 shares of Common Stock, exercisable at $208.44 per share and expiring on May 31, 2034. These transactions did not involve any sale proceeds.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 3,386 | $0.00 | -- |
| Gift | Common Stock | 3,386 | $0.00 | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
Footnotes (1)
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Key Figures
Key Terms
bona fide gift financial
Rule 16a-13 regulatory
revocable trust financial
Stock Options (Right to Buy) financial
FAQ
What insider transactions did CRL CEO Birgit Girshick report on June 5, 2026?
Birgit Girshick reported bona fide gifts totaling 6,772 Charles River Laboratories (CRL) common shares on June 5, 2026. The gifts included 3,386 shares transferred to a revocable trust she controls, classified as exempt under Rule 16a-13, with no sale proceeds involved.
Were the CRL Form 4 transactions by the CEO open-market sales?
No, the Form 4 shows bona fide gifts, not open-market sales. The 6,772 shares were transferred without consideration, including an exempt transfer of 3,386 shares to a revocable trust controlled by the CEO under Rule 16a-13, so no trading proceeds were reported.
What is the role of the revocable trust in the CRL CEO’s holdings?
The revocable trust holds 43,803 CRL common shares indirectly for the CEO after the transactions. A 3,386-share transfer to this trust was labeled an exempt Rule 16a-13 transaction, indicating the CEO continues to control the trust while changing the ownership structure.
What stock options does CRL CEO Birgit Girshick report holding?
She reports stock options over 8,722 CRL common shares with an exercise price of $208.44 per share. These options, held directly, are scheduled to expire on May 31, 2034, providing long-term equity-linked exposure in addition to her share holdings.
How significant are the CRL CEO’s gift transfers compared with her remaining position?
The CEO gifted 6,772 CRL shares while retaining 36,013 shares directly and 43,803 indirectly through a trust. This indicates the transfers represent only a portion of her overall reported holdings, which remain sizable after the exempt, non-sale transactions.