Goldberg Joel S 4

What Happened
Joel S. Goldberg, Senior Vice President, Administration, General Counsel and Secretary of Revvity (RVTY), exercised stock options and immediately sold the resulting shares. On Feb 5, 2026 he exercised 12,717 shares at $92.09 (cost ≈ $1,171,109) and sold those 12,717 shares in multiple open-market transactions on Feb 5 for roughly $1.27M. On Feb 4, 2026 he also surrendered 869 shares to satisfy tax withholding on RSU vesting (≈ $87,882), and received RSU awards totaling 24,810 shares (6,427 + 18,383) that are scheduled to vest over three years.

Key Details

• Transaction dates: Feb 4–5, 2026; Form 4 filed Feb 6, 2026 (timely).
• Option exercise: 12,717 shares exercised at $92.09 = $1,171,109 (Feb 5).
• Open-market sales: 12,717 shares sold on Feb 5 in multiple trades at prices around $99–$103, total ≈ $1,274,357.
• Tax withholding: 869 RSU shares surrendered on Feb 4 to cover taxes (≈ $87,882).
• Grants: 24,810 RSU award shares reported on Feb 4 (6,427 + 18,383), vesting in three equal annual installments per footnotes.
• Sales executed pursuant to a 10b5-1 trading plan adopted Feb 6, 2025 (footnote).
• Ownership after the transactions is not specified in the provided excerpt.
• Footnotes clarify vesting schedules and that the RSU surrender satisfied withholding obligations.

Context

• This was effectively a cashless exercise: options were exercised and the same shares were sold in the open market on the same day. That is a common way for insiders to cover exercise costs and taxes.
• The filing is factual and does not indicate motivation; sales were made under a prearranged 10b5-1 plan and RSU vesting/tax withholding occurred as part of routine compensation administration.