Girshick Birgit 4
Research Summary
AI-generated summary
Charles River (CRL) COO Birgit Girshick Receives Award, Withholds Shares
What Happened
- Birgit Girshick, Corporate Executive VP & COO of Charles River Laboratories (CRL), received 9,500 shares on 2026-01-30 following the vesting/achievement of performance share units originally granted May 26, 2023.
- To satisfy tax withholding obligations, 3,061 of those shares were disposed/withheld at $211.68 per share, generating about $647,952 in value.
Key Details
- Transaction date: 2026-01-30.
- Award: 9,500 shares issued (code A) at $0.00 (performance shares vested; footnote F1).
- Tax withholding/disposition: 3,061 shares disposed (code F) at $211.68 each; total ≈ $647,952.
- Notable footnotes:
- F1: Shares issued upon achievement of performance goals from PSU awards granted 5/26/2023.
- F2: The filing also notes an exempt transfer (Rule 16a-13) of 45,470 shares to a revocable trust controlled by Ms. Girshick.
- Shares owned after the reported transactions are not specified in the provided excerpt of the filing.
- No late-filing indicator was provided in the excerpt.
Context
- This was not an open-market sale or purchase signal: it reflects PSUs vesting (an award) with a routine share withholding to cover taxes—a common administrative action that does not necessarily indicate a change in the insider’s market view.
- For retail investors, awards and tax withholdings are typically less informative about insider sentiment than outright purchases or large voluntary sales.