Form 4: Revvity CCO Miriame Files Routine Tax Withholding
Insider Transaction Report
Revvity's Chief Commercial Officer, Victor Miriame, reported the disposition of 1,031 common shares to cover tax obligations related to restricted stock vesting.
Summary
- Victor Miriame, Senior Vice President and Chief Commercial Officer of Revvity, Inc. (RVTY), reported a transaction on February 17, 2026.
- The transaction involved the disposition of 1,031 shares of Revvity Common Stock at a price of $96.03 per share.
- These shares were surrendered to satisfy a tax withholding obligation upon the vesting of restricted stock, which was originally granted on February 16, 2023.
- Following this transaction, Victor Miriame beneficially owns 18,122 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative transaction for tax purposes, which does not indicate a change in the company's operational performance or management's confidence.
Positives
- The transaction is a routine administrative event related to executive compensation, indicating the vesting of previously granted restricted stock.
Negatives
- The disposition of shares, while for tax purposes, results in a slight reduction in the insider's direct beneficial ownership.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that routine tax-related dispositions by insiders, such as those associated with restricted stock vesting, are common across industries and typically do not reflect a change in management's operational outlook or confidence in the company's future prospects.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a non-discretionary transaction for tax purposes and not a sale based on a change in investment sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/16/2023 | Original grant date of restricted stock. |
| 02/17/2026 | Transaction date for the disposition of shares to satisfy tax withholding. |
| 02/19/2026 | Date the Form 4 was signed. |
Recommendation
holdThis Form 4 filing details a routine, non-discretionary disposition of shares for tax withholding purposes upon restricted stock vesting. It does not provide new information regarding the company's financial performance or strategic direction, thus a 'hold' recommendation is maintained based solely on this filing.
Keywords
Revvity, RVTY, Form 4, insider transaction, stock vesting, tax withholding, beneficial ownership, executive compensation
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