Charles River Labs CEO Shannon Parisotto sells $302k in stock
Shannon M. Parisotto, a high-ranking executive at Charles River Laboratories International Inc., sold 981 shares of the company's stock on October 5, 2026, amounting to $302,579. The transaction took place at a price of $308.44 per share and was executed as part of the exercise of stock options. The company's stock has seen a 73% increase over the past year and is currently trading near its 52-week high of $333.30.
Despite the stock appearing potentially overvalued, Charles River Laboratories International Inc. has been attracting attention from analysts due to its strategic initiatives and financial outlook. The company's stock options were exercised according to a Rule 10b5-1 trading plan, and Ms. Parisotto's ownership of the company's stock has increased to 4,807 shares directly, with additional indirect holdings through trusts and investment entities.
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