Form 4: Revvity CFO Maxwell Krakowiak Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Maxwell Krakowiak, CFO of Revvity, Inc., disposed of 50 common stock shares on February 18, 2025, to satisfy tax withholding obligations related to vesting restricted stock units.
Summary
- On February 18, 2025, Maxwell Krakowiak, the Senior Vice President and Chief Financial Officer of Revvity, Inc. (RVTY), disposed of 50 shares of common stock.
- The transaction was executed to cover tax withholding obligations arising from the vesting of restricted stock units.
- The shares were disposed of at a price of $112.26 per share.
- Following the transaction, Krakowiak directly owns 12,776 shares of Revvity common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't indicate a significant change in the executive's confidence in the company. Therefore, the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to vesting equity awards.
Key Dates
| Date | Description |
|---|---|
| March 4, 2022 | Date of original grant of restricted stock units. |
| February 18, 2025 | Date of transaction (disposal of shares). |
| February 19, 2025 | Date of signature on the Form 4 filing. |
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