Novanta (NASDAQ: NOVT) insider files to sell 7,500 shares
Rhea-AI Filing Summary
Novanta, Inc. insider plans a new stock sale under Rule 144. Matthijs Glastra filed a notice to sell up to 7,500 shares of Novanta common stock through Merrill Private Wealth Management on NASDAQ, with an aggregate market value of $1,050,000. The filing notes that 35,775,123 Novanta shares were outstanding at the time of the notice, which is a baseline figure, not the amount being sold.
The shares to be sold were acquired as equity compensation via restricted stock units on January 2, 2024 (418 shares), February 20, 2024 (1,474 shares), and February 26, 2024 (5,608 shares), all from Novanta, Inc. In the past three months, the filer has already sold 323 Novanta common shares for gross proceeds of $41,990 and 6,177 shares for $803,010. The approximate date for the new sale is listed as January 21, 2026.
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