Charles River (CRL) CEO Birgit Girshick Receives Award

What Happened

• Birgit Girshick, CEO of Charles River Laboratories (CRL), received an award of 9,961 restricted shares (code A) on 2026-05-29 valued at $180.71 per share, total $1,800,052.
• To satisfy tax withholding (code F), 1,204 shares were withheld on 2026-05-30 ($217,575) and 378 shares were withheld on 2026-05-31 ($68,308), a total of 1,582 shares withheld valued at $285,883. Net shares delivered from this grant = 9,961 − 1,582 = 8,379.

Key Details

• Transaction dates and prices: 5/29/2026 award of 9,961 @ $180.71; withholding on 5/30/2026 (1,204 @ $180.71) and 5/31/2026 (378 @ $180.71).
• Values: Award $1,800,052; tax withholding total $285,883.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The award consists of unvested restricted stock units that vest ratably on May 29 of 2027, 2028, 2029 and 2030 (see F1).
• Filing timeliness: Form 4 was filed 2026-06-02 and appears to be timely (within the required two business days after the primary transaction date).

Context

• Code A indicates an equity award (restricted stock/RSUs); code F indicates shares were withheld to satisfy tax withholding—this is a routine administrative step and not an open-market sale.
• For retail investors, awards signal company compensation decisions rather than direct buying or selling by the executive; the withholding reduces the number of shares actually delivered to the insider.