Form 4: Revvity Director Chapin Acquires RSUs

Revvity, Inc. Director Samuel R. Chapin acquired restricted stock units, with vesting tied to continued service and corporate events.

Summary

• Samuel R. Chapin, a Director at Revvity, Inc., acquired 1,015 shares of common stock on May 7, 2026, valued at $0.
• Following this transaction, Chapin beneficially owns 21,411 shares of common stock.
• Additionally, Chapin acquired 1,265 shares of common stock on May 7, 2026, also valued at $0, bringing his total beneficial ownership to 22,676 shares.
• These acquisitions were made under a Rule 10b5-1(c) plan.
• Chapin was granted restricted stock units (RSUs) representing a contingent right to receive one share of common stock per unit.
• These RSUs are set to fully vest on April 27, 2027, the date of the issuer's next annual shareholder meeting.
• Vesting is contingent upon Chapin's continued service through the vesting date.
• Exceptions to continued service include vesting upon death, disability, or qualifying retirement.
• Vesting may also occur earlier if Chapin's service terminates within 12 months following a change in control of the company.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on routine insider stock acquisitions and RSU grants, which are standard compensation practices and do not inherently signal significant positive or negative developments for the company.

Positives

• Director Samuel R. Chapin has increased his beneficial ownership of Revvity, Inc. common stock.
• The acquisition of RSUs indicates a commitment to the company's long-term performance, with vesting tied to continued service.
• The transactions were made pursuant to a Rule 10b5-1(c) plan, suggesting a pre-determined trading strategy.

Negatives

• The reported acquisition of shares had a reported price of $0, which is unusual and may indicate a grant or award rather than a purchase.
• The vesting of RSUs is contingent on continued service, which could be forfeited under certain circumstances.

Risks

• The vesting of restricted stock units is subject to continued service, meaning the director could forfeit these units if they leave the company before the vesting date.
• Termination of service within 12 months following a change in control could lead to accelerated vesting, but this is dependent on a future event.

Future Outlook

The restricted stock units granted to Samuel R. Chapin are scheduled to fully vest on April 27, 2027, contingent upon his continued service with Revvity, Inc. Vesting may also occur earlier upon specific events such as death, disability, qualifying retirement, or termination within 12 months following a change in control.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard for insider transactions, providing transparency into the holdings and activities of company directors and officers. The grant of RSUs is a common form of executive compensation designed to align management's interests with those of shareholders.

Stakeholder Impact

• Shareholders: The acquisition of stock by a director can be seen as a positive signal of confidence in the company's future, though the $0 price suggests it was an award.
• Employees: The RSU structure for management can influence employee morale and retention, as it aligns executive incentives with long-term company performance.
• Management: Director Chapin's continued involvement and equity stake reinforce his commitment to the company.

Next Steps

• Samuel R. Chapin's restricted stock units will vest on April 27, 2027, provided he meets the service requirements.
• Monitoring of future Form 4 filings for any further transactions by Samuel R. Chapin or other insiders.

Key Dates

Keywords

Form 4, SEC Filing, Revvity Inc., RVTY, Samuel R. Chapin, Director, Stock Acquisition, Restricted Stock Units, RSU, Beneficial Ownership, Vesting, Rule 10b5-1(c)