Revvity (RVTY) executive surrenders 1,031 shares to cover tax withholding
Rhea-AI Filing Summary
Revvity, Inc. executive reports tax-related share disposition. Victor Miriame surrendered 1,031 shares of common stock at $96.03 per share to cover tax withholding triggered by the vesting of restricted stock granted on February 16, 2023.
After this tax-withholding disposition, Miriame directly holds 18,122 shares of Revvity common stock. The transaction reflects a required withholding under his restricted stock agreement rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,031 shares
Net Sell
1 txn
Insider
Victor Miriame
Role
Please See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,031 | $96.03 | $99K |
Holdings After Transaction:
Common Stock — 18,122 shares (Direct)
Footnotes (1)
- F1. These shares are being surrendered to satisfy a tax withholding obligation upon vesting of restricted stock originally granted on February 16, 2023, as required by the Reporting Person's Restricted Stock Agreement.
FAQ
What insider transaction did Victor Miriame report at Revvity (RVTY)?
Victor Miriame reported a tax-withholding disposition of 1,031 Revvity shares. The shares were surrendered to satisfy tax obligations upon vesting of restricted stock granted on February 16, 2023, and were not an open-market buy or sell transaction.
Was Victor Miriame’s Revvity (RVTY) transaction an open-market sale?
No, the transaction was not an open-market sale. The 1,031 shares were automatically surrendered to satisfy a tax withholding obligation tied to the vesting of restricted stock granted on February 16, 2023, under his restricted stock agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.