Revvity (RVTY) director Michael Klobuchar receives new restricted stock unit grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REVVITY, INC. director Michael A. Klobuchar reported compensation-related equity awards, not open-market trading. On May 7, 2026, he received two grants of common-stock-based awards for 1,265 and 1,015 shares. These are restricted stock units that each convert into one share and are scheduled to fully vest on April 27, 2027, subject to his continued service or earlier vesting upon death, disability, qualifying retirement, or certain change-in-control related terminations.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Klobuchar Michael A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,015 | $0.00 | -- |
| Grant/Award | Common Stock | 1,265 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,103 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant 1: 1,265 shares
RSU grant 2: 1,015 shares
Post-grant holdings (line 1): 7,368 shares
+2 more
5 metrics
RSU grant 1
1,265 shares
Restricted stock units granted May 7, 2026
RSU grant 2
1,015 shares
Restricted stock units granted May 7, 2026
Post-grant holdings (line 1)
7,368 shares
Common stock beneficially owned after first reported grant
Post-grant holdings (line 2)
6,103 shares
Common stock beneficially owned after second reported grant
Vesting date
April 27, 2027
Scheduled full vesting of restricted stock units
Key Terms
restricted stock units, qualifying retirement, change in control
3 terms
restricted stock units financial
"The Reporting Person was granted restricted stock units, with each unit representing a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
qualifying retirement financial
"subject to the Reporting Person's continued service through such date or, if earlier, upon the Reporting Person's death, disability or qualifying retirement"
change in control financial
"or the termination of the Reporting Person's service within 12 months following a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did RVTY director Michael A. Klobuchar report?
Michael A. Klobuchar reported receiving equity awards, not buying on the market. On May 7, 2026, he was granted restricted stock units tied to 1,265 and 1,015 shares of Revvity common stock as part of his compensation.
When do Michael A. Klobuchar’s new RVTY restricted stock units vest?
The restricted stock units are scheduled to fully vest on April 27, 2027. This date aligns with Revvity’s next annual meeting of shareholders, assuming he continues serving as a director through that date under the award’s terms.
Under what conditions can Klobuchar’s RVTY restricted stock units vest early?
The units may vest earlier upon death, disability, qualifying retirement, or certain change-in-control terminations. Specifically, if his service ends within 12 months following a change in control, vesting can be accelerated under the award’s provisions.
Are Michael A. Klobuchar’s RVTY equity awards open-market purchases?
No, the Form 4 records compensation grants classified as acquisitions under code A. They are restricted stock units with a zero dollar grant price, rather than shares bought or sold in the open market by the director.