Krakowiak Maxwell 4
Research Summary
AI-generated summary
REVVITY CFO Maxwell Krakowiak Surrenders 2,359 Shares for Taxes
What Happened
- Maxwell Krakowiak, Senior Vice President and Chief Financial Officer of REVVITY, surrendered a total of 2,359 shares on Feb 17, 2026 to satisfy tax-withholding obligations. The dispositions were reported as: 1,457 shares at $96.03 each (value $139,916) and 902 shares at $96.03 each (value $86,619), for a combined value of $226,535.
- This was not an open-market sale for investment purposes but a routine surrender of shares to cover taxes due on vesting awards.
Key Details
- Transaction date: 2026-02-17; Filing date: 2026-02-19 (filed two days after the transaction — appears timely).
- Price per share: $96.03 for both tranches.
- Shares surrendered: 1,457 (restricted stock) and 902 (restricted stock units); total 2,359 shares; total value $226,535.
- Footnotes: F1 — shares surrendered to satisfy tax withholding on restricted stock granted Feb 16, 2023. F2 — shares surrendered to satisfy tax withholding on restricted stock units granted Feb 16, 2023.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context
- These disposals were tax-withholding surrenders tied to vesting of previously granted restricted stock and RSUs (a routine, administrative transaction). Such withholdings are common and generally do not signal a change in an insider’s investment outlook.