Form 4: Revvity Director Alexis P. Michas Sells 5,000 Shares

Director Alexis P. Michas sold 5,000 shares of Revvity, Inc. (RVTY) at an average price of $109.98 on February 29, 2024.

Summary

• On February 29, 2024, Alexis P. Michas, a director of Revvity, Inc., sold 5,000 shares of common stock at a weighted average price of $109.98.
• Following the transaction, Michas directly owns 55,604 shares.
• Michas also indirectly owns 500 shares through a spouse's IRA and 8,620 shares through The Cayre and Alexis Michas Foundation Corp.
• The sale was reported on March 1, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, which is neutral in sentiment. It simply reports a transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.

Key Dates