Business Context and Reporting Period
This Form 8-K is a current report filed by PerkinElmer, Inc. (Note: The request metadata lists "REVVITY, INC.", but the filing text identifies the registrant as PerkinElmer, Inc.) on March 1, 2020. The report addresses corporate governance changes, specifically the election of a new director to the Board of Directors.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial figures disclosed relate to director compensation:
- Stock Award: Fair market value of $16,667.
- Restricted Stock Units (RSUs): Fair market value of $12,500.
- Annual Cash Retainer: $90,000 (prorated for the remaining service year).
Material Changes
The material change reported is the election of Michel Vounatsos to the Board of Directors, effective immediately on March 1, 2020. This appointment triggers specific compensatory arrangements under the Company's non-employee director compensation program.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document is strictly limited to the disclosure of the director's appointment and associated compensation terms.
Key Facts for Investor Verification
- Verify the current corporate name and ticker symbol, as the filing identifies the registrant as PerkinElmer, Inc. (PKI), not REVVITY, INC.
- Confirm the effective date of Michel Vounatsos's board service (March 1, 2020).
- Note that the equity awards ($16,667 stock + $12,500 RSUs) and cash retainer ($90,000) are prorated for the remainder of the Board service year.
- Understand that this filing does not contain quarterly or annual financial results.