Revvity (NYSE: RVTY) CEO shifts stock into family trusts at $0
Rhea-AI Filing Summary
Prahlad R. Singh, President, Chief Executive Officer and Director of REVVITY, INC. (RVTY), reported a series of bona fide gift transactions in common stock on 2026-08-13. He transferred 7,636 shares to an irrevocable trust for his children and separately 59,650 shares to the Singh Marital Trust of 2026, both at a reported price of $0.00 per share. After these transfers, the Singh Family Trust of 2021 held 54,219 shares and the Singh Marital Trust of 2026 held 59,650 shares. Singh disclaims beneficial ownership of the gifted securities except to the extent of any pecuniary interest he may have.
Positive
- None.
Negative
- None.
Insider Trade Summary
134,572 shares gifted
Gift
4 txns
Insider
Singh Prahlad R.
Role
Please See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 7,636 | $0.00 | $0.00 |
| Gift | Common Stock | 7,636 | $0.00 | $0.00 |
| Gift | Common Stock F2 | 59,650 | $0.00 | $0.00 |
| Gift | Common Stock | 59,650 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 54,219 shares (Indirect, By Singh Family Trust of 2021);
Common Stock — 46,026 shares (Direct);
Common Stock — 59,650 shares (Indirect, By Singh Marital Trust of 2026)
Footnotes (2)
- F1. The securities gifted by the Reporting Person were transferred to an irrevocable trust for the sole benefit of the Reporting Person's children. The Reporting Person's spouse is the trustee of the trust. 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. The securities gifted by the Reporting Person were transferred to the Singh Marital Trust of 2026. The Reporting Person and the Reporting Person's spouse are the trustees of the trust. 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.
Key Figures
Total gifted shares: 134,572 shares
Gift to children’s irrevocable trust: 7,636 shares
Gift to Singh Marital Trust of 2026: 59,650 shares
+3 more
6 metrics
Total gifted shares
134,572 shares
Aggregate shares reported as bona fide gifts on 2026-08-13
Gift to children’s irrevocable trust
7,636 shares
Common stock transferred as a bona fide gift with footnote F1
Gift to Singh Marital Trust of 2026
59,650 shares
Common stock transferred as a bona fide gift with footnote F2
Holding of Singh Family Trust of 2021
54,219 shares
Indirectly held following the 7,636-share gift on 2026-08-13
Holding of Singh Marital Trust of 2026
59,650 shares
Indirectly held following the 59,650-share gift on 2026-08-13
Reported gift price
$0.00 per share
Price per share for all G-code bona fide gift transactions
Key Terms
bona fide gift, irrevocable trust, pecuniary interest, beneficial ownership, +1 more
5 terms
bona fide gift financial
"Each transaction is coded as a bona fide gift of common stock"
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.
irrevocable trust financial
"Transferred to an irrevocable trust for the sole benefit of the children"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
pecuniary interest financial
"Disclaims beneficial ownership except to the extent of his pecuniary interest"
beneficial ownership financial
"Not an admission that the Reporting Person is the beneficial owner"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"For purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider stock transactions did RVTY CEO Prahlad R. Singh report on this Form 4?
Prahlad R. Singh reported four bona fide gift transactions of REVVITY, INC. common stock on 2026-08-13, involving transfers from his direct holdings to two family trusts. These gifts totaled 134,572 shares and were all reported at $0.00 per share.
Were Prahlad R. Singh’s reported RVTY stock gifts made at a market price?
No. All reported gift transactions were recorded at a price of $0.00 per share, consistent with the nature of bona fide gifts. The filings do not describe any sale for value, only transfers to related family trusts.
AI-generated analysis. How Rhea-AI works. Not financial advice.