Form 4: Revvity Executive Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Tajinder S. Vohra, a Senior Vice President at Revvity, Inc., sold 2,154 shares of common stock on October 9, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On October 9, 2024, Tajinder S. Vohra, a Senior Vice President at Revvity, Inc., sold 2,134 shares of common stock at a weighted average price of $121.72.
- An additional 20 shares were sold on the same day at $122.56.
- The sales were executed under a 10b5-1 trading plan adopted on June 7, 2024.
- Following the transactions, Vohra directly owns 19,652 shares of Revvity common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock sales by an executive under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on any inside information at the time of the transaction.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| June 7, 2024 | Date the Reporting Person adopted the 10b5-1 trading plan |
| October 9, 2024 | Date of the stock sales |
| October 10, 2024 | Date of the Form 4 filing |
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