Form 4: REVVITY Executive Sells Shares for Tax Obligation

Joel S. Goldberg, SVP and General Counsel of Revvity, Inc., disposed of 1,733 common shares to cover tax withholding on restricted stock vesting.

Summary

• Joel S. Goldberg, Senior Vice President, Administration, General Counsel and Secretary of Revvity, Inc. (RVTY), reported a transaction involving company common stock.
• On February 17, 2026, Goldberg disposed of 1,733 shares of Revvity Common Stock at a price of $96.03 per share.
• This disposition was made to satisfy a tax withholding obligation upon the vesting of restricted stock, which was originally granted on February 16, 2023.
• Following this transaction, Goldberg directly owns 41,514 shares and indirectly holds 63,709 shares through the Goldberg Irrevocable 2021 Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It's a mandatory tax-related transaction, not a discretionary sale, and therefore carries no inherent positive or negative sentiment regarding the company's prospects.

Future Outlook

NA

Management Comments

• These shares are being surrendered to satisfy a tax withholding obligation upon vesting of restricted stock originally granted on February 16, 2023, as required by the Reporting Person's Restricted Stock Agreement.
• Securities held in an irrevocable trust for the sole benefit of the Reporting Person's children. The Reporting Person's spouse is the trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest, 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.

Industry Context

StockSavvy.ai notes that tax-related dispositions of restricted stock are a common and routine event for executives receiving equity compensation, reflecting standard compensation practices across various industries. This transaction does not indicate a discretionary sale based on market sentiment or company performance.

Comparison to Industry Standards

• The disposition of shares to cover tax obligations upon restricted stock vesting is a standard practice for executive compensation across publicly traded companies, aligning with typical equity incentive plans.
• This type of transaction is not comparable to discretionary sales by executives, which might signal a change in confidence or financial need.

Related Party Transactions

• Indirect beneficial ownership of 63,709 shares is held by the Goldberg Irrevocable 2021 Trust for the sole benefit of the Reporting Person's children, with the Reporting Person's spouse as trustee. The Reporting Person disclaims beneficial ownership except for pecuniary interest.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of management's view on future stock performance.
• Employees: No direct impact on general employees.
• Management: Reflects standard compensation practices for executives.

Key Dates

Recommendation

This Form 4 filing reports a routine, non-discretionary sale of shares by an executive to cover tax obligations upon restricted stock vesting. Such transactions are common and do not typically signal a change in the company's fundamentals or management's confidence. Therefore, it provides no new information to warrant a change in investment recommendation, suggesting a 'hold' position for existing investors.

Keywords

Revvity, RVTY, Joel S. Goldberg, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, Beneficial Ownership