Form 4: Revvity Director Pascale Witz Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Director Pascale Witz acquired shares of Revvity, Inc. through the grant of restricted stock units.
Summary
- On May 1, 2024, Pascale Witz, a director of Revvity, Inc., acquired 977 shares of common stock at $0 and 1,218 shares of common stock at $0 through the grant of restricted stock units.
- Following these transactions, Witz directly owns 11,293 shares of Revvity, Inc.
- The restricted stock units vest fully on April 22, 2025, contingent upon continued service or earlier upon death, disability, qualifying retirement, or termination within 12 months following a change in control.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed positively, but it's a routine event.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The vesting of the restricted stock units is contingent upon continued service through April 22, 2025, or earlier upon certain events.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Pascale Witz acquired shares through restricted stock units. |
| 05/02/2024 | Date of signature on the Form 4 filing. |
| 04/22/2025 | Scheduled date for full vesting of restricted stock units, contingent upon continued service. |
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.