Form 4: Revvity Director Alexis Michas Reports Stock Transactions

Revvity, Inc. Director Alexis P. Michas reported transactions involving restricted stock units and common stock, including grants and holdings in a charitable foundation.

Summary

• Alexis P. Michas, a Director at Revvity, Inc. (RVTY), reported transactions on May 7, 2026.
• These transactions include the acquisition of 1,217 restricted stock units (RSUs) and 1,467 RSUs, both valued at $0.
• The RSUs are set to fully vest on April 27, 2027, contingent upon continued service, or earlier upon death, disability, qualifying retirement, or termination within 12 months following a change in control.
• Following these transactions, Michas beneficially owns 62,300 shares of common stock directly.
• Additional holdings include 63,767 shares indirectly through a spouse's IRA and 7,270 shares held by The Cayre and Alexis Michas Foundation Corp.
• Michas disclaims beneficial ownership of the foundation's securities except for any pecuniary interest.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports routine insider stock transactions and grants of equity awards with standard vesting conditions, without indicating significant positive or negative developments.

Positives

• Director Alexis P. Michas has been granted restricted stock units, indicating continued incentive and alignment with the company's performance.
• The RSUs have a clear vesting schedule tied to company events and continued service, promoting long-term commitment.
• Michas holds a significant number of shares directly and indirectly, demonstrating personal investment in Revvity.

Negatives

• The reported transactions for RSUs show an acquisition value of $0, which is typical for grants but does not reflect immediate financial gain.
• Michas disclaims beneficial ownership of securities held in the charitable foundation, which is a standard practice but means these are not considered his direct holdings for certain purposes.

Risks

• Vesting of RSUs is subject to continued service, meaning a departure from the company before the vesting date could result in forfeiture.
• The RSUs vest on April 27, 2027, subject to continued service, or earlier upon death, disability, qualifying retirement, or termination within 12 months following a change in control, introducing potential complexities around vesting triggers.

Future Outlook

The restricted stock units granted to Alexis P. Michas are scheduled to fully vest on April 27, 2027, contingent upon his continued service. Vesting can also occur earlier under specific conditions such as death, disability, qualifying retirement, or termination within 12 months following a change in control.

Management Comments

• The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The grant of RSUs and their vesting conditions are typical compensation and retention tools used across the technology and healthcare sectors, where Revvity operates.

Related Party Transactions

• Securities held in a charitable foundation (The Cayre and Alexis Michas Foundation Corp.) established for charitable contributions, with directors including the Reporting Person, his spouse, and their adult children. The Reporting Person disclaims beneficial ownership except for any pecuniary interest.

Stakeholder Impact

• Shareholders: The filing provides transparency on insider holdings and equity awards, which is standard for corporate governance.
• Employees: The RSU grants to management and directors can be seen as a retention tool, potentially aligning employee interests with company performance.
• Management: The RSU grants and their vesting conditions directly impact management's compensation and long-term incentives.

Next Steps

• Vesting of restricted stock units on April 27, 2027, subject to continued service or other specified conditions.
• Continued service by Alexis P. Michas to meet vesting requirements.

Key Dates

Keywords

Form 4, SEC Filing, Revvity, RVTY, Alexis P. Michas, Director, Restricted Stock Units, RSU, Beneficial Ownership, Stock Transaction, Insider Trading, Vesting Schedule, Charitable Foundation