Revvity (RVTY) director Michel Vounatsos receives new restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REVVITY, INC. director Michel Vounatsos reported receiving two equity awards of common stock on May 7, 2026, each recorded as a grant or award acquisition. The awards cover 1,265 and 1,015 shares at no cash cost to him.
According to a footnote, these awards are in the form of restricted stock units, each representing a contingent right to one share of common stock. The units are scheduled to fully vest on April 27, 2027, the date of the next annual shareholder meeting, subject to his continued service or earlier vesting upon death, disability, qualifying retirement, or certain terminations within 12 months after a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vounatsos Michel
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 — 12,712 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
First stock grant: 1,265 shares
Second stock grant: 1,015 shares
Price per share for grants: $0.00 per share
+1 more
4 metrics
First stock grant
1,265 shares
Common Stock grant on May 7, 2026
Second stock grant
1,015 shares
Common Stock grant on May 7, 2026
Price per share for grants
$0.00 per share
Recorded grant price for both awards
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 REVVITY (RVTY) director Michel Vounatsos report?
Michel Vounatsos reported receiving two equity awards of common stock. These were classified as grants or awards, not open-market purchases or sales, reflecting routine director compensation rather than discretionary trading activity in REVVITY shares.
What type of equity awards did Michel Vounatsos receive from REVVITY (RVTY)?
The awards are restricted stock units, each representing a contingent right to one REVVITY common share. Vesting depends on continued service through a future date or certain earlier events such as death, disability, qualifying retirement, or specific change-in-control related terminations.
When do Michel Vounatsos’s restricted stock units in REVVITY (RVTY) vest?
The restricted stock units are scheduled to fully vest on April 27, 2027. This date corresponds to REVVITY’s next annual shareholder meeting, assuming his continued service, with earlier vesting possible upon defined events like death, disability, qualifying retirement, or qualifying terminations after a change in control.
Are Michel Vounatsos’s recent REVVITY (RVTY) transactions open-market buys or sells?
No, the transactions are classified as grants or award acquisitions coded with transaction code “A.” They represent stock-based compensation rather than open-market buying or selling, so they do not indicate discretionary trading decisions in REVVITY shares.