Novanta (NASDAQ: NOVT) insider files to sell 6,177 common shares
Rhea-AI Filing Summary
A holder of Novanta, Inc. common stock filed a notice to sell 6,177 shares through Merrill Private Wealth Management on the NASDAQ market. The filing reports an aggregate market value of 803,010 for these shares, compared with 35,775,123 common shares outstanding. The seller acquired the 6,177 shares as restricted stock units from Novanta on 01/02/2024 as equity compensation. The notice also discloses that the same person sold 323 common shares for gross proceeds of 41,990 on 01/08/2026.
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FAQ
How many Novanta (NOVT) shares are covered by this Form 144 notice?
The notice covers an intended sale of 6,177 shares of Novanta, Inc. common stock, to be sold through Merrill Private Wealth Management on the NASDAQ exchange.
What is the reported market value of the Novanta shares to be sold?
The Form 144 reports an aggregate market value of 803,010 for the 6,177 Novanta common shares covered by the planned sale.
How and when were the Novanta shares to be sold originally acquired?
The 6,177 Novanta common shares were acquired on 01/02/2024 as restricted stock units from Novanta, Inc., categorized as equity compensation.
What prior Novanta share sales by this holder are disclosed in the past 3 months?
The disclosure shows that 323 Novanta common shares were sold on 01/08/2026 for 41,990 in gross proceeds by the same person, Matthijs Glastra c/o Novanta, Inc.
How many Novanta common shares are reported as outstanding in this notice?
The Form 144 states that there are 35,775,123 Novanta, Inc. common shares outstanding, used as a reference alongside the planned sale amount.
Which broker is handling the planned sale of Novanta (NOVT) shares?
The notice lists Merrill Private Wealth Management, located at 100 Federal Street, 12th Floor, Boston, MA 02110, as the broker for the planned sale of the Novanta common shares.