Form 4: Revvity Inc. Executive Tajinder S. Vohra Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Tajinder S. Vohra, a Senior Vice President at Revvity Inc., executed multiple sales of common stock between October 7th and October 8th, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- Tajinder S. Vohra, a Senior Vice President at Revvity Inc., reported the sale of company stock.
- The transactions occurred on October 7th and 8th, 2024.
- The sales were executed under a 10b5-1 trading plan adopted on June 7, 2024.
- On October 7th, 2024, 2,053 shares were sold at a weighted average price of $122.04, and 100 shares were sold at $123.05.
- On October 8th, 2024, 1,661 shares were sold at a weighted average price of $122.47, and 493 shares were sold at $122.99.
- Following these transactions, Vohra directly owns 21,806 shares of Revvity Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating routine stock sales by an executive. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often part of a pre-planned diversification strategy. The use of a 10b5-1 trading plan allows insiders to sell shares without being accused of trading on non-public information.
Stakeholder Impact
- The stock sales could 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 7, 2024 | Date of first reported stock sale |
| October 8, 2024 | Date of second reported stock sale |
| October 9, 2024 | Date of Form 4 filing |
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