[Form 4] NOVANTA INC Insider Trading Activity
Rhea-AI Filing Summary
NOVANTA INC Chief Executive Officer Matthijs Glastra reported selling common stock in a pre-planned transaction. On May 12, 2026, he completed open-market sales totaling 7,500 shares at prices around $150–$151.34 per share under a pre-established Rule 10b5-1 trading plan.
Following these sales, he directly held 42,761 shares of Novanta common stock and indirectly held 54,382 shares through the Matthijs Glastra 2021 Irrevocable Trust. One sale at a weighted-average price of $151.34 was executed in multiple trades between $151.06 and $151.51.
Positive
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Negative
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Insights
CEO completes 7,500-share pre-planned sale while retaining sizable holdings.
The filing shows Matthijs Glastra, CEO of NOVANTA INC, conducted open-market sales of 7,500 shares on May 12, 2026. Trades occurred around $150–$151.34 per share, with one sale executed across multiple prices.
The footnotes state these sales were made under a pre-established Rule 10b5-1 trading plan adopted on September 11, 2025 through a trust where his spouse is a trustee. Such plans are arranged in advance, so timing carries less informational value about his current views.
After the transactions, Glastra held 42,761 shares directly and 54,382 shares indirectly via the Matthijs Glastra 2021 Irrevocable Trust. With no derivative positions listed, the visible exposure in this filing is entirely common stock, and the sales represent only part of his overall reported holdings.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,079 | $150.00 | $762K |
| Sale | Common Stock | 2,421 | $151.34 | $366K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan that was adopted on September 11, 2025 through a trust for which the reporting person's spouse is a trustee. This transaction was executed in multiple trades ranging from $151.06 to $151.51. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.