Form 4: Revvity Executive Prahlad R. Singh Gifts Shares to Family Trust

Prahlad R. Singh, a Director and Officer at Revvity, Inc., gifted shares of common stock to a family trust, resulting in changes to his direct and indirect beneficial ownership.

Summary

• On March 26, 2024, Prahlad R. Singh, a Director and Officer of Revvity, Inc., engaged in a transaction involving the company's common stock.
• Mr. Singh gifted 12,075 shares of common stock directly, and these shares were transferred to an irrevocable trust for the benefit of his children.
• The Singh Family Trust of 2021 acquired 12,075 shares.
• Following the transaction, Mr. Singh directly owns 90,195 shares and indirectly owns 37,163 shares through the Singh Family Trust of 2021.
• The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider and doesn't necessarily reflect broader industry trends.

Related Party Transactions

• The transaction involves a gift of shares to a family trust, indicating a related-party transaction.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership structure, but it is unlikely to be significant.

Key Dates