Chapin Samuel R. 4
Research Summary
AI-generated summary
Revvity (RVTY) Director Samuel Chapin Receives 2,280 RSU Award
What Happened Samuel R. Chapin, a director of Revvity, was awarded two restricted stock unit (RSU) grants on 2026-05-07: 1,015 RSUs and 1,265 RSUs, for a total of 2,280 RSUs. No cash was paid for these awards (reported price $0.00). The RSUs represent a contingent right to receive one share of Revvity common stock per unit upon vesting.
Key Details
- Transaction date: 2026-05-07; Form 4 filed 2026-05-11 (timely filing).
- Grant type/code: A = Award/Grant (restricted stock units).
- Shares/units granted: 1,015 RSUs and 1,265 RSUs (total 2,280 RSUs); acquisition price $0.00.
- Vesting: Grants fully vest on April 27, 2027 (issuer's next annual meeting), subject to continued service or earlier vesting on death, disability, qualifying retirement, or termination within 12 months after a change in control (per footnote F1).
- Shares owned after transaction: Not specified in the provided excerpt.
- Reporting status: Director (not a 10% owner); no 10b5-1 plan or tax-withholding sale noted.
Context RSU awards are a common form of director compensation and do not reflect an immediate purchase or sale—they convert into actual shares only if/when they vest. Because $0 was paid at grant, there's no immediate cash outlay or sale proceeds to interpret as buy/sell activity.