Charles River (NYSE: CRL) director James C. Foster reports 366,722-share gift and trust transfers
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Charles River Laboratories director James C. Foster reported exempt, bona fide gifts and related trust transfers of 366,722 shares of common stock dated 2026-06-05. The Form 4 shows these shares moving among his direct holdings, revocable trusts he controls, and trusts associated with his spouse, all at a stated price of $0.00 per share, indicating no sale proceeds. Following these transactions, Foster holds 126,596 shares directly and 155,611 shares indirectly through a trust, plus additional indirect positions of 20,000 shares in a 2026 GRAT, 10,780 shares in a 2025 GRAT, 5,423 shares in a 2024 GRAT, and 10,000 shares in a trust held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
366,722 shares gifted
Mixed
8 txns
Insider
FOSTER JAMES C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 153,361 | $0.00 | -- |
| Gift | Common Stock | 153,361 | $0.00 | -- |
| Gift | Common Stock | 20,000 | $0.00 | -- |
| Gift | Common Stock | 20,000 | $0.00 | -- |
| Gift | Common Stock | 10,000 | $0.00 | -- |
| Gift | Common Stock | 10,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 126,596 shares (Direct, null);
Common Stock — 155,611 shares (Indirect, By Trust)
Footnotes (1)
- Reflects the exempt transfer pursuant to Rule 16a-13 of 153,361 shares held by the reporting person to a revocable trust controlled by the reporting person. Reflects the exempt transfer pursuant to Rule 16a-13 of 20,000 shares held by the reporting person to a revocable trust controlled by the reporting person. Reflects the exempt transfer pursuant to Rule 16a-13 of 10,000 shares held by the reporting person's spouse to a revocable trust controlled by the reporting person's spouse.
Key Figures
Total gifted or exempt transferred shares: 366,722 shares
Direct holdings after transfers: 126,596 shares
Trust holdings after transfers: 155,611 shares
+4 more
7 metrics
Total gifted or exempt transferred shares
366,722 shares
Bona fide gifts and exempt transfers on 2026-06-05
Direct holdings after transfers
126,596 shares
Common stock held directly after 2026-06-05 transactions
Trust holdings after transfers
155,611 shares
Common stock held indirectly "By Trust" after transfers
2026 GRAT holdings
20,000 shares
Common stock held indirectly via 2026 GRAT
2025 GRAT holdings
10,780 shares
Common stock held indirectly via 2025 GRAT
2024 GRAT holdings
5,423 shares
Common stock held indirectly via 2024 GRAT
Spouse trust holdings
10,000 shares
Common stock held indirectly by trust held by spouse
Key Terms
bona fide gift, Rule 16a-13, revocable trust, GRAT
4 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 16a-13 regulatory
"Reflects the exempt transfer pursuant to Rule 16a-13 of 153,361 shares"
revocable trust financial
"to a revocable trust controlled by the reporting person"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
GRAT financial
""nature_of_ownership": "2026 GRAT""
FAQ
What did CRL director James C. Foster report in this Form 4?
James C. Foster reported exempt, bona fide gifts and trust transfers totaling 366,722 shares of Charles River Laboratories common stock. The shares moved among his direct holdings, revocable trusts he controls, and spouse-related trusts, with no sale price and no open-market transactions disclosed.
Were James C. Foster’s CRL transactions open-market sales or buys?
No open-market purchases or sales are reported. All coded transactions use “G” for bona fide gifts or exempt transfers under Rule 16a-13, with a stated price of $0.00 per share, indicating intra-family and trust-related movements rather than market trading activity in CRL stock.
What indirect CRL holdings through trusts does James C. Foster report?
Foster reports 155,611 CRL shares held by a trust, 20,000 shares in a 2026 GRAT, 10,780 shares in a 2025 GRAT, 5,423 shares in a 2024 GRAT, and 10,000 shares in a trust held by his spouse, all classified as indirect ownership.