Form 4: Revvity Inc. Executive Anita Gonzales Reports Tax Withholding Share Surrender
SEC Form 4 Filing
Anita Gonzales, Vice President and Controller of Revvity Inc., surrendered 149 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On September 16, 2024, Anita Gonzales, Vice President and Controller of Revvity Inc., reported a transaction on SEC Form 4.
- Gonzales surrendered 149 shares of Revvity's common stock to satisfy a tax withholding obligation.
- The shares were surrendered at a price of $122.03 per share.
- This action was related to the vesting of restricted stock units originally granted on September 15, 2022.
- Following the transaction, Gonzales directly owns 4,017 shares of Revvity common stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax obligation fulfillment) with no inherent positive or negative implications for the company's overall performance or outlook.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to surrender shares to cover taxes upon the vesting of restricted stock units.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares surrendered for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/15/2022 | Original grant date of the restricted stock units. |
| 09/16/2024 | Date of the stock surrender transaction. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
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