Insider sales at this scale are routine and non-informative. Monitor for any upcoming 8-K or earnings release that could explain the timing, but the cluster alone does not warrant a trading response. The CEO's sale is notable by title but immaterial by dollar value relative to market cap.
Price Chart
Executive Summary
Three CRL insiders, including CEO Birgit Girshick, sold a total of ~$3.0M in shares over a 7-day window. The CEO's $1.82M sale is the largest, followed by the CEVP's $1.04M and a director's $163K. These are open-market sales, not tax-related, and represent ~0.02% of the $13.8B market cap — well below the 0.1% materiality threshold. The cluster is a routine, low-conviction signal given the small proportional size and the weak predictive power of insider sales generally.
Key Financial Metrics
Key Facts
- CEO Birgit Girshick sold 6,500 shares for $1.82M on 2026-08-11
- CEVP Shannon Parisotto sold 3,700 shares for $1.04M on 2026-08-11
- Director Nancy Andrews sold 573 shares for $163K on 2026-08-18
- Total cluster value: ~$3.02M, representing ~0.02% of CRL's $13.8B market cap
- All sales are open-market; no 10b5-1 plan noted in the filing
Financial Impact
~$3.02M in total insider sales, or ~0.02% of market cap — trivial proportional size
Risk Factors
- CEO selling could signal personal diversification or a bearish view, but the small size relative to total holdings limits informational content
- No 10b5-1 plan disclosed — sales could be opportunistic, but the low proportional value reduces concern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CRL-1787292152658 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Insider Cluster | $296.41 $294.44 | ▼ −0.66% | ▼ −0.16% | $290.19 (−2.10%) |
Aug 20, 2026 6w ago | Insider Cluster | $291.45 $278.06 | ▼ −4.59% | ▼ −4.59% | $290.19 (−0.43%) |
Aug 13, 2026 7w ago | Insider Cluster | $281.27 $278.26 | ▼ −1.07% | ▲ +0.68% | $290.19 (+3.17%) |
Aug 11, 2026 7w ago | Insider Cluster | $282.00 $278.35 | ▼ −1.29% | ▼ −0.24% | $290.19 (+2.90%) |
Aug 10, 2026 7w ago | Insider Cluster | $282.00 $278.35 | ▼ −1.29% | ▼ −0.24% | $290.19 (+2.90%) |
Aug 5, 2026 8w ago | 8-K | $260.72 $291.76 | ▲ +11.91% | ▲ +12.51% | $290.19 (+11.30%) |
May 7, 2026 21w ago | 8-K | $180.78 $179.87 | ▲ +0.51% | ▲ +3.64% | $290.19 (−60.52%) |
Feb 25, 2026 31w ago | 8-K | $167.50 $164.89 | ▼ −1.56% | ▲ +3.68% | $290.19 (+73.24%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access