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Novanta (NASDAQ: NOVT) affiliate files Rule 144; Matthijs Glastra sold 26,000 shares

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

Rhea-AI Filing Summary

Novanta, Inc. submitted Rule 144 notices reporting proposed resale of common stock by an affiliate and recent open-market sales. The filing lists a proposed sale quantity of 7,500 shares tied to Merrill Private Wealth Management and shows multiple previously reported sales by Matthijs Glastra totaling 26,000 shares across four transactions dated 02/10/2026, 03/02/2026, 04/17/2026, and 05/05/2026.

The excerpt also itemizes Restricted Stock Units granted on 02/25/2020 (3,618 RSUs), 02/24/2020 (1,744 RSUs), 03/03/2017 (1,870 RSUs) and 02/26/2017 (268 RSUs). Dollar proceeds are shown for each recent sale in the table (for example, $1,087,500 for the 02/10/2026 sale).

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice reports proposed resale and recent affiliate sales without new company actions.

Rule 144 forms are administrative notices indicating an affiliate or control person intends to sell or has sold shares under resale exemptions. The filing lists a proposed offering of 7,500 shares and prior sales by Matthijs Glastra totaling 26,000 shares across four dates.

Timing and cash‑flow treatment are traceable to the sale rows; the filing does not state further corporate approvals or use of proceeds. Subsequent SEC paperwork or broker disclosures would show final settlement details.

Proposed resale 7,500 shares associated with Merrill Private Wealth Management; <date>05/12/2026</date>
Recent sales by Matthijs Glastra 26,000 shares four transactions on <date>02/10/2026</date>, <date>03/02/2026</date>, <date>04/17/2026</date>, <date>05/05/2026</date>
Proceeds example $1,087,500 proceeds reported for the <date>02/10/2026</date> sale row
Proceeds examples (other sales) $845,000 proceeds shown for sales on <date>03/02/2026</date>, <date>04/17/2026</date>, <date>05/05/2026</date>
RSU grants 3,618; 1,744; 1,870; 268 RSUs grant dates <date>02/25/2020</date>, <date>02/24/2020</date>, <date>03/03/2017</date>, <date>02/26/2017</date>
Rule 144 regulatory
"144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Restricted Stock Units | Novanta, Inc. | 3618"
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.
affiliate regulatory
"Merrill Private Wealth Management ... Securities To Be Sold"

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 disclose about proposed sales?

The Form 144 discloses a proposed resale of 7,500 common shares associated with Merrill Private Wealth Management on 05/12/2026. It is a notice by an affiliate reporting intent to resell shares under resale rules.

How many shares did Matthijs Glastra sell recently according to the filing?

The filing lists four sales by Matthijs Glastra totaling 26,000 shares on 02/10/2026, 03/02/2026, 04/17/2026, and 05/05/2026. Each sale row shows corresponding dollar amounts.

Does the Form 144 show proceeds from recent sales for NOVT?

Yes; the table lists dollar proceeds for each sale example, including $1,087,500 for the 02/10/2026 sale and $845,000 for other listed dates, tied to specific transactions.

Are the Restricted Stock Units (RSUs) listed in the filing registered for resale?

The filing lists RSU grant counts—3,618, 1,744, 1,870, and 268—with their grant dates. The document presents these as equity compensation items in the excerpt; it does not state that RSUs are being registered for resale here.

Does this Form 144 indicate company action like a shelf offering or issuer sale?

No; the excerpt shows affiliate resale notices and past affiliate sales. It does not describe an issuer primary offering, shelf registration, or company-directed sale in the provided text.