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Planned sale of 43,920 NOVT (NASDAQ: NOVT) shares under Rule 144

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

Rhea-AI Filing Summary

The holder of NOVT common stock has filed a Rule 144 notice to sell 43,920 shares. The planned sale is to be executed through J.P. Morgan Securities LLC on Nasdaq, with an approximate sale date of 01/21/2026. The filing shows these shares were acquired through a mix of stock option exercise on 01/21/2026 and multiple compensation awards from the issuer between 2021 and 2024. The number of shares of the same class outstanding is listed as 35,775,123; this is a baseline figure, not the amount being sold.

Positive

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Negative

  • None.

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 the NOVT Form 144 filing disclose?

The Form 144 filing discloses that a holder of NOVT common stock plans to sell 43,920 shares of the issuer’s common stock under Rule 144.

How many NOVT shares are planned to be sold and through which broker?

The notice covers a planned sale of 43,920 NOVT common shares through J.P. Morgan Securities LLC.

On which exchange are the NOVT shares expected to be sold and when?

The filing lists Nasdaq as the securities exchange, with an approximate sale date of 01/21/2026.

How were the NOVT shares in the Form 144 acquired?

The shares were acquired via a stock option exercise on 01/21/2026 and several compensation awards from the issuer dated between 02/28/2021 and 02/26/2024.

How many NOVT shares are listed as outstanding in the filing?

The Form 144 lists 35,775,123 shares of NOVT common stock as the number of shares or other units outstanding.

What is the aggregate market value of the NOVT shares to be sold?

The filing states an aggregate market value of 5,757,912 for the 43,920 NOVT common shares covered by the notice.

Does the NOVT Form 144 mention Rule 10b5-1 plans?

The form includes a section to report the date of plan adoption or trading instruction if relying on Rule 10b5-1, along with a representation about not knowing undisclosed material adverse information.
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