Business Context and Reporting Period
This Form 8-K is a current report filed by PerkinElmer, Inc. (not Revvity, Inc.) on February 19, 2008. The filing reports a corporate governance event: the election of a new member to the Board of Directors.
Key Financial Metrics
The filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The only monetary figures disclosed relate to director compensation:
- Cash Compensation: $11,667 (prorated annual compensation).
- Stock Award: Fair market value of $16,667.
- Stock Option Grant: 10,000 shares of common stock.
Material Changes
The material change reported is the appointment of Patrick J. Sullivan to the Board of Directors, effective February 25, 2008. There are no reported changes to financial operations or strategic direction in this document.
Guidance, Outlook, and Risks
The filing contains no management guidance, future outlook, risk factors, contingencies, or discussion of unusual items. It is strictly a disclosure of a board appointment and associated compensatory arrangements.
Investor Verification Checklist
- Verify the effective date of Patrick J. Sullivan's board membership (February 25, 2008).
- Confirm the total value of the initial compensation package ($28,334 in cash and stock value plus options).
- Note that this filing pertains to PerkinElmer, Inc., not Revvity, Inc.