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