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

Joel S. Goldberg, a Revvity, Inc. executive, sold shares of common stock on June 7, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On June 7, 2024, Joel S. Goldberg, Senior Vice President, Administration, General Counsel and Secretary of Revvity, Inc., sold shares of the company's common stock.
• The sales were executed under a 10b5-1 trading plan adopted on February 7, 2024.
• A total of 4,000 shares were sold in two transactions at weighted average prices of $110.32 and $110.80.
• Following the transactions, Goldberg directly owns 36,900 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 regulatory filing detailing stock sales by an executive under a pre-existing trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

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

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on the overall market perception of insider transactions.
• The impact on employees, customers, suppliers, and creditors is likely to be negligible.

Key Dates