Revvity (RVTY) director Alexis Michas receives stock awards and reports indirect holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REVVITY, INC. director Alexis P. Michas reported equity-based compensation and indirect holdings in the company’s common stock. On May 7, 2026, he acquired 1,467 shares through a grant of restricted stock units and an additional 1,217 shares as a separate award, both at $0.00 per share as non-cash compensation. The restricted stock units each represent one share of common stock and are scheduled to fully vest on April 27, 2027, the date of the company’s next annual shareholder meeting, subject to his continued service or earlier vesting upon death, disability, qualifying retirement, or certain change-in-control terminations. Following these awards, his direct holdings reported in this filing include over 60,000 shares. He also reports 7,270 shares held indirectly through The Cayre and Alexis Michas Foundation Corp. and 500 shares held in his spouse’s IRA. The foundation is a charitable vehicle, and he disclaims beneficial ownership of those foundation-held shares except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
MICHAS ALEXIS P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,217 | $0.00 | -- |
| Grant/Award | Common Stock | 1,467 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 62,300 shares (Direct, null);
Common Stock — 500 shares (Indirect, By spouse IRA)
Footnotes (1)
- The Reporting Person was granted restricted stock units, with each unit representing a contingent right to receive one share of the issuer's common stock. The grant of restricted stock units will fully vest on April 27, 2027, the scheduled date for the issuer's next annual meeting of shareholders, subject to the Reporting Person's continued service through such date or, if earlier, upon the Reporting Person's death, disability or qualifying retirement, or the termination of the Reporting Person's service within 12 months following a change in control. Includes shares related to dividends on shares in the Reporting Person's Deferred Compensation Plan account. 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.
Key Figures
RSU grant: 1,467 shares
Additional share award: 1,217 shares
Direct holdings after award (line 1): 63,767 shares
+4 more
7 metrics
RSU grant
1,467 shares
Restricted stock units granted on May 7, 2026
Additional share award
1,217 shares
Non-derivative stock grant on May 7, 2026
Direct holdings after award (line 1)
63,767 shares
Total common stock following one reported acquisition
Direct holdings after award (line 2)
62,300 shares
Total common stock following a separate acquisition entry
Foundation-held shares
7,270 shares
Held by The Cayre and Alexis Michas Foundation Corp.
Spouse IRA shares
500 shares
Held indirectly in spouse’s IRA account
Vesting date
April 27, 2027
Scheduled vesting for restricted stock units
Key Terms
restricted stock units, Deferred Compensation Plan, change in control, pecuniary interest, +1 more
5 terms
restricted stock units financial
"The Reporting Person was granted restricted stock units, with each unit representing a contingent right"
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.
Deferred Compensation Plan financial
"Includes shares related to dividends on shares in the Reporting Person's Deferred Compensation Plan account."
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.
change in control financial
"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.
pecuniary interest financial
"disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein"
Section 16 regulatory
"beneficial owner of these securities 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 did Revvity (RVTY) director Alexis P. Michas report in this Form 4?
He reported stock-based compensation and indirect holdings in Revvity common stock. The filing shows new grants of restricted stock units and additional share awards, plus shares held via a family charitable foundation and his spouse’s IRA.
When do the new restricted stock units for Revvity (RVTY) director Alexis Michas vest?
The restricted stock units are scheduled to fully vest on April 27, 2027. Vesting requires his continued service through that date, or can occur earlier upon death, disability, qualifying retirement, or certain change-in-control related terminations.
Are the Revvity (RVTY) Form 4 transactions open-market buys or compensation grants?
They are compensation-related grants, not open-market purchases. The transactions are coded as awards (code A) with a reported price of $0.00 per share, reflecting stock-based compensation rather than cash-funded buying.