Charles River (NYSE: CRL) CEO receives 16,796-share stock-based award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FOSTER JAMES C reported acquisition or exercise transactions in this Form 4 filing.
Charles River Laboratories International Chairman, President and CEO James C. Foster received an equity award tied to the company’s common stock. He was granted 16,796 shares at a reference price of $178.61 per share, increasing his directly held stake to 279,693 shares.
According to a footnote, 100% of the unvested restricted stock units from this grant vest on March 2, 2028. Additional common stock is held indirectly through GRATs, trusts and a spouse account, and a separate footnote notes an exempt transfer of 9,220 shares from a 2025 GRAT account to direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
FOSTER JAMES C
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,796 | $178.61 | $3.00M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 279,693 shares (Direct);
Common Stock — 5,423 shares (Indirect, 2024 GRAT)
Footnotes (1)
- 100% of the unvested restricted stock units vest on March 2, 2028. Reflects the exempt transfer pursuant to Rule 16a-13 of 9,220 shares from the 2025 GRAT account to direct holdings.
FAQ
What did CRL CEO James C. Foster report in this Form 4 filing?
James C. Foster reported receiving an equity award linked to Charles River common stock. The grant covered 16,796 shares at $178.61 per share, increasing his directly held position to 279,693 shares, plus various indirect holdings through GRATs, trusts and a spouse account.
When do the CEO’s newly reported CRL restricted stock units vest?
The unvested restricted stock units from this award vest on March 2, 2028. A filing footnote states that 100% of these units vest on that date, meaning the CEO’s ability to receive the underlying shares is tied to this long-term vesting schedule.
What indirect Charles River (CRL) holdings are associated with the CEO?
Indirect holdings include shares in 2024 and 2025 GRAT accounts, several trusts, and an account held by his spouse. The filing also notes an exempt transfer of 9,220 shares from the 2025 GRAT to direct holdings, reallocating ownership form without indicating an open-market trade.