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Novanta (NASDAQ: NOVT) Form 144 lists 7,500 shares for resale; recent Glastra sales noted

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Novanta, Inc. (NOVT) submitted a Form 144 notice showing holder/sponsor activity for Common Stock. The filing lists 7,500 shares associated with Merrill Private Wealth Management and multiple restricted stock unit lots (3,618; 1,744; 1,870; 268) with grant dates between 02/26/2017 and 02/25/2020. The excerpt also lists recent reported sales by Matthijs Glastra: 7,500 shares on 02/10/2026, 6,500 shares on 03/02/2026, 6,500 shares on 04/17/2026, and 6,500 shares on 05/05/2026.

Positive

  • None.

Negative

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Insights

Form 144 notice records proposed and recent sales of common stock by eligible holders.

The filing lists the intended sale itemized as Common and references restricted stock unit grants with specific grant dates and share counts. Rule 144 notices are procedural filings that disclose intended resale under resale exemptions.

Cash‑flow treatment and sale mechanics are not shown in the excerpt; subsequent filings or broker confirmations would show settlement details.

Multiple RSU grant lots are listed as the source of shares being sold.

The excerpt enumerates RSU lots: 3,618, 1,744, 1,870, and 268 shares with grant dates from 2017 to 2020

These counts explain the provenance of the equity sold but the filing does not state net proceeds or withholding treatment.

Planned resale listed 7,500 shares Merrill Private Wealth Management; <date>05/12/2026</date>
RSU lot - 02/25/2020 3,618 shares Restricted Stock Units grant date <date>02/25/2020</date>
RSU lot - 02/24/2020 1,744 shares Restricted Stock Units grant date <date>02/24/2020</date>
RSU lot - 03/03/2017 1,870 shares Restricted Stock Units grant date <date>03/03/2017</date>
RSU lot - 02/26/2017 268 shares Restricted Stock Units grant date <date>02/26/2017</date>
Reported sale - 02/10/2026 7,500 shares Sale reported by Matthijs Glastra on <date>02/10/2026</date>
Reported sales - Mar–May 2026 6,500 shares (three times) Sales by Matthijs Glastra on <date>03/02/2026</date>, <date>04/17/2026</date>, <date>05/05/2026</date>
Restricted Stock Units financial
"Restricted Stock Units | Novanta, Inc. | 3,618 | 02/25/2020"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Merrill Private Wealth Management market
"Common | Merrill Private Wealth Management 100 Federal Street, 12th Floor Boston MA 02110"
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Novanta's (NOVT) Form 144 show about planned sales?

The Form 144 lists a planned sale of 7,500 shares associated with Merrill Private Wealth Management, with the filing referencing NASDAQ and a date of 05/12/2026. The excerpt does not state pricing or proceeds.

Which recent sales by Matthijs Glastra are reported in the filing?

The excerpt reports sales by Matthijs Glastra of 7,500 shares on 02/10/2026, and three sales of 6,500 shares on 03/02/2026, 04/17/2026, and 05/05/2026. Each sale is listed with a share count and date.

Does the Form 144 identify the equity source for the sales?

Yes. The filing lists Restricted Stock Units as the source with grant lots of 3,618, 1,744, 1,870, and 268 shares dated between 02/26/2017 and 02/25/2020 indicating compensation‑origin shares.

Is the filing an authorization to sell or a record of completed trades?

A Form 144 notifies the SEC of an intention to sell under applicable exemptions and the excerpt also records completed sales by Matthijs Glastra on specified dates. Settlement and proceeds details are not shown in the excerpt.

Who is listed as the broker or sponsor in the Form 144 excerpt?

The excerpt names Merrill Private Wealth Management with an address at 100 Federal Street, 12th Floor, Boston, MA. The filing ties this broker/sponsor to the listed 7,500 shares and NASDAQ designation.