Form 4: Revvity Inc. Executive Sells Shares to Cover Tax Obligations

A Revvity Inc. executive, Anita Gonzales, sold 25 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• Anita Gonzales, a Vice President and Controller at Revvity Inc., sold 25 shares of common stock on December 16, 2024.
• The sale was executed at a price of $115.94 per share.
• This transaction was to satisfy a tax withholding obligation upon the vesting of restricted stock units granted on December 15, 2023.
• Following the transaction, Ms. Gonzales directly owns 3,992 shares of Revvity Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral event, a routine transaction for an executive to cover tax obligations. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• The sale of 25 shares is a relatively small transaction and is not unusual for this type of activity.
• Many companies use restricted stock units as part of their executive compensation packages, and the vesting of these units often triggers tax liabilities.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale by an executive to cover tax obligations.

Key Dates

Keywords

Revvity Inc., insider trading, stock sale, tax obligations, restricted stock units, executive compensation, Form 4