Form 4: Revvity Executive Joel S. Goldberg Sells Shares Under 10b5-1 Trading Plan

Joel S. Goldberg, a Senior Vice President at Revvity, Inc., sold shares of common stock on August 7, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On August 7, 2024, Joel S. Goldberg, a Senior Vice President at Revvity, Inc., sold a total of 3,499 shares of common stock.
• The sales were executed under a 10b5-1 trading plan adopted on February 7, 2024.
• The shares were sold in multiple transactions at weighted average prices ranging from $116.06 to $119.48.
• Following the reported transactions, Goldberg directly owns 33,400 shares and indirectly owns 63,709 shares through the Goldberg Irrevocable 2021 Trust.
• Goldberg disclaims beneficial ownership of the shares held in the trust, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence and are often pre-planned using 10b5-1 trading plans to avoid accusations of insider trading. The market typically analyzes these sales in the context of the executive's overall holdings and the company's performance.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates