Girshick Birgit 4

What Happened
Birgit Girshick, CEO of Charles River Laboratories (CRL), had shares withheld/disposed to satisfy tax obligations related to equity compensation. On 2026-05-26, 376 shares were withheld at $160.30 each ($60,273). On 2026-05-27, 242 shares were withheld at $156.73 each ($37,929). Total shares affected: 618; total value: approximately $98,202. This is a tax-withholding disposal (routine) rather than an open-market sale intended as liquidity or investment action.

Key Details

• Transaction codes: F (payment of exercise price or tax liability — shares withheld/retired to cover taxes)
• Dates & prices: 2026-05-26 — 376 shares @ $160.30 ($60,273); 2026-05-27 — 242 shares @ $156.73 ($37,929)
• Combined total: 618 shares, ~$98,202
• Shares owned after transaction: not specified in the provided filing summary
• Filing: Form 4 filed 2026-05-28 (appears timely within standard Form 4 reporting window)
• Footnote: These transactions reflect tax withholding related to equity compensation, not a discretionary open-market sale.

Context
When executives exercise options or receive stock awards, companies commonly withhold a portion of shares to cover taxes (a cashless/withholding settlement). Such withholding transactions are routine and typically do not signal the insider’s view on the company’s prospects. For investors, outright purchases by insiders are usually more informative about bullish sentiment than routine tax-withholdings.