Form 4: Revvity Executive Prahlad R. Singh Reports Stock Transactions

Prahlad R. Singh, a Revvity, Inc. executive, reports the acquisition and disposal of common stock and stock options.

Summary

• On February 4, 2025, Prahlad R. Singh, a Director, President, and CEO of Revvity, Inc., reported transactions involving the company's stock.
• Singh surrendered 4,857 shares of common stock to cover tax obligations related to the vesting of restricted stock at a price of $123.69 per share.
• He also acquired 20,920 shares of time-based restricted stock units at $0, scheduled to fully vest on the third anniversary of the grant date.
• Following these transactions, Singh directly owns 106,258 shares of common stock and indirectly owns 37,163 shares through the Singh Family Trust of 2021.
• Singh also acquired 57,838 non-qualified stock options with an exercise price of $123.35, vesting in three equal annual installments starting February 4, 2026, and expiring on February 4, 2032.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Future Outlook

The document does not contain specific forward-looking statements about the company's future performance, but it does detail the vesting schedule of restricted stock units and stock options, indicating future equity compensation for the reporting person.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions provide transparency into the actions of company executives and their holdings in the company's stock.

Comparison to Industry Standards

• Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
• Vesting schedules for stock options and restricted stock units are typical, often spanning three to four years.
• The reporting requirements for insider transactions are standardized across publicly traded companies in the US, ensuring transparency and preventing illegal insider trading.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly diluting the stock if the options are exercised in the future.
• The vesting of restricted stock and stock options incentivizes the executive to work towards the company's success, potentially benefiting all stakeholders.

Key Dates