Revvity (NYSE: RVTY) director donates 285 shares in stock gift
Rhea-AI Filing Summary
REVVITY, INC. (RVTY) director Alexis P. Michas reported a bona fide gift of 285 shares of common stock made by The Cayre and Alexis Michas Foundation Corp. to a charitable organization. Following this, the foundation holds 6,985 shares indirectly, Michas holds 63,780 shares directly (including dividend-related shares in a Deferred Compensation Plan), and a spouse IRA holds 500 shares indirectly. The reporting person disclaims beneficial ownership of the foundation-held shares except to any extent of pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 285 shares
Net Sell
3 txns
Insider
MICHAS ALEXIS P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1, F2 | 285 | $0.00 | $0.00 |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,985 shares (Indirect, By The Cayre and Alexis Michas Foundation Corp.);
Common Stock — 63,780 shares (Direct);
Common Stock — 500 shares (Indirect, By spouse IRA)
Footnotes (3)
- F1. This transaction involved a gift of securities by The Cayre and Alexis Michas Foundation Corp. of an aggregate of 285 shares of common stock to a charitable organization. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F2. Securities held in a charitable foundation that was established for the sole purpose of making charitable contributions. The directors of the foundation are the Reporting Person, his spouse and their adult children. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F3. Includes shares related to dividends on shares in the Deferred Compensation Plan in the Reporting Person's account.
Key Figures
Gifted shares: 285 shares of Common Stock
Indirect foundation holdings after transaction: 6,985 shares of Common Stock
Direct holdings after transaction: 63,780 shares of Common Stock
+1 more
4 metrics
Gifted shares
285 shares of Common Stock
Bona fide gift by The Cayre and Alexis Michas Foundation Corp. on 2026-08-25
Indirect foundation holdings after transaction
6,985 shares of Common Stock
Shares held by The Cayre and Alexis Michas Foundation Corp. following the gift
Direct holdings after transaction
63,780 shares of Common Stock
Shares held directly by the Reporting Person, including dividend-related Deferred Compensation Plan shares
Spouse IRA holdings
500 shares of Common Stock
Shares held indirectly by spouse IRA after the reported date
Key Terms
bona fide gift, Deferred Compensation Plan, pecuniary interest
3 terms
bona fide gift financial
"transaction code description is "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Deferred Compensation Plan financial
"Includes shares related to dividends on shares in the Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
pecuniary interest financial
"disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest"
FAQ
What insider transaction did RVTY director Alexis P. Michas report?
Alexis P. Michas reported a bona fide gift of 285 shares of REVVITY, INC. common stock made by The Cayre and Alexis Michas Foundation Corp. to a charitable organization on 2026-08-25.
What are Alexis P. Michas’s direct RVTY holdings after the reported transactions?
After the reported transactions, Alexis P. Michas has 63,780 shares of REVVITY, INC. common stock held directly, including shares related to dividends on Deferred Compensation Plan shares in his account.
AI-generated analysis. How Rhea-AI works. Not financial advice.
