Form 4: Revvity Director Michel Vounatsos Reports Acquisition of Common Stock and Restricted Stock Units
SEC Form 4 Filing
Director Michel Vounatsos reports acquisition of Revvity, Inc. common stock and restricted stock units.
Summary
- On May 1, 2024, Revvity, Inc. Director Michel Vounatsos acquired 977 shares of common stock at $0 and 1,218 shares of common stock at $0.
- Following these transactions, Vounatsos directly owns 9,285 shares of Revvity, Inc. common stock.
- Vounatsos was also granted restricted stock units, each representing a contingent right to receive one share of the issuer's common stock.
- The restricted stock units will fully vest on April 22, 2025, contingent upon continued service through that date, or earlier upon death, disability, qualifying retirement, or termination of service within 12 months following a change in control.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of insider transactions. The acquisition of shares by a director is generally viewed as a positive sign, but the overall impact is likely to be moderate.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The vesting of restricted stock units is contingent upon continued service through April 22, 2025, or earlier upon certain events such as death, disability, qualifying retirement, or termination of service following a change in control.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency regarding insider transactions. These filings provide insights into the trading activities of company insiders, such as directors and officers.
Stakeholder Impact
- Shareholders may view the director's stock acquisition as a positive signal.
- The vesting of restricted stock units incentivizes the director to remain with the company.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of common stock acquisition and restricted stock unit grant. |
| 04/22/2025 | Scheduled vesting date for the restricted stock units, contingent upon continued service. |
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