Form 4: Revvity Inc. Executive Joel S. Goldberg Executes Stock Option and Sells Shares
SEC Form 4 Filing
Revvity Inc.'s Senior Vice President, Joel S. Goldberg, exercised stock options and sold shares on January 30, 2025, according to a recent SEC filing.
Summary
- Joel S. Goldberg, a Senior Vice President at Revvity Inc., exercised a non-qualified stock option to acquire 15,170 shares of common stock at a price of $81.29 per share on January 30, 2025.
- On the same day, Mr. Goldberg sold a total of 15,170 shares of common stock in multiple transactions at weighted average prices ranging from $124.45 to $127.77 per share.
- These sales were executed under a pre-arranged 10b5-1 trading plan adopted on February 7, 2024.
- Following these transactions, Mr. Goldberg directly owns 33,400 shares of Revvity Inc. common stock and indirectly owns 63,709 shares through the Goldberg Irrevocable 2021 Trust.
- The trust is for the benefit of Mr. Goldberg's children, with his spouse as trustee, and he disclaims beneficial ownership except for his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of insider trading activity, which is neither positive nor negative in itself. It is a neutral event.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- The use of a 10b5-1 trading plan is a common practice among corporate executives to avoid accusations of insider trading.
- The reported transactions are typical for executives who receive stock options as part of their compensation packages.
- The sale prices are within the normal trading range for the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the volume of shares sold.
- The disclosure provides transparency to shareholders regarding executive trading activity.
Key Dates
| Date | Description |
|---|---|
| 01/30/2019 | The date the stock option became exercisable in three equal annual installments. |
| 02/07/2024 | Date the 10b5-1 trading plan was adopted by Joel S. Goldberg. |
| 01/30/2025 | Date of the stock option exercise and share sales. |
| 01/31/2025 | Date the SEC Form 4 was signed. |
Keywords
insider trading, stock options, share sales, 10b5-1 plan, executive compensation, beneficial ownership, Revvity Inc., RVTY
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