Form 4: REVVITY CEO Singh Reports Routine Stock Disposition for Taxes
Insider Transaction Report
REVVITY, INC. CEO Prahlad R. Singh reported a disposition of 6,901 common shares to cover tax obligations from restricted stock vesting.
Summary
- Prahlad R. Singh, President, Chief Executive Officer, and Director of REVVITY, INC. (RVTY), reported a transaction on February 17, 2026.
- The transaction involved the disposition of 6,901 shares of 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 originally granted on February 16, 2023.
- Following this transaction, Mr. Singh directly beneficially owns 113,312 shares of Common Stock.
- Additionally, 46,583 shares are indirectly owned through the Singh Family Trust of 2021, an irrevocable trust for the benefit of his children, with his spouse as trustee.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. It is a routine compliance filing for an insider transaction related to tax obligations, not indicative of positive or negative company performance or strategic shifts.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings upon restricted stock vesting, are common occurrences for executives in publicly traded companies across all industries. This filing does not provide specific industry-related insights beyond the routine nature of such events.
Related Party Transactions
- Prahlad R. Singh indirectly owns 46,583 shares through the Singh Family Trust of 2021, an irrevocable trust for the sole benefit of his children, with his spouse serving as the trustee. Mr. Singh disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine tax-related transaction by an executive and does not reflect a discretionary sale or change in company fundamentals.
- Management: The transaction reflects a standard compensation event (restricted stock vesting) and associated tax compliance for the CEO.
Key Dates
| Date | Description |
|---|---|
| 02/16/2023 | Original grant date of restricted stock |
| 02/17/2026 | Transaction date for stock disposition due to tax withholding |
| 02/19/2026 | Date the Form 4 was filed |
Keywords
REVVITY, RVTY, Prahlad R. Singh, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, Restricted Stock, CEO
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