Form 4: Revvity Director Alexis P. Michas Reports Acquisition of Common Stock and Restricted Stock Units
SEC Form 4
Director Alexis P. Michas reports acquisition of Revvity, Inc. common stock and restricted stock units, increasing beneficial ownership.
Summary
- On April 30, 2025, Alexis P. Michas, a director of Revvity, Inc., acquired 1,288 shares of common stock and 1,552 restricted stock units.
- The restricted stock units vest fully on April 28, 2026, contingent upon continued service or certain qualifying events.
- Michas's direct ownership of common stock increased to 61,054 shares following the transactions.
- Michas also has indirect ownership through a spouse's IRA and The Cayre and Alexis Michas Foundation Corp.
- Michas disclaims beneficial ownership of the securities held by the charitable foundation, except to the extent of any pecuniary interest.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company director. The acquisition of shares and restricted stock units can be seen as a mildly positive sign.
Positives
- The acquisition of shares and restricted stock units by a director signals confidence in the company's future.
Future Outlook
The restricted stock units will fully vest on April 28, 2026, subject to the Reporting Person's continued service through such date or, if earlier, upon the Reporting Person's death, disability or qualifying retirement, or the termination of the Reporting Person's service within 12 months following a change in control.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The increased ownership by a director could be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Acquisition of common stock and restricted stock units. |
| 05/01/2025 | Date of signature for the Form 4 filing. |
| 04/28/2026 | Scheduled vesting date for the restricted stock units. |
Keywords
Revvity, Director, Form 4, Beneficial Ownership, Stock Acquisition, Restricted Stock Units, RVTY, Alexis P. Michas
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.