Novanta director sells 663 shares at $147.60
A Novanta Inc director disclosed a small planned sale of 663 shares under a Rule 10b5-1 trading plan, leaving him with 662 shares directly held.
Rhea-AI Filing Summary
Novanta Inc (NOVT) director Thomas N. Secor reported selling 663 shares of common stock on September 11, 2026 at an average price of $147.60 per share in an open market or private transaction. After this sale, he directly holds 662 shares. The transaction was carried out under a pre-established Rule 10b5-1 trading plan adopted on June 12, 2026.
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Insider Trade Summary 10b5-1
Net Seller: 663 shares
Net Sell
1 txn
Insider
Secor Thomas N
Role
Director
Sold
663 shs ($98K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 663 | $147.60 | $98K |
Holdings After Transaction:
Common Stock — 662 shares (Direct)
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2026.
Key Figures
Shares sold: 663 shares
Sale price: $147.60 per share
Shares held after transaction: 662 shares
+2 more
5 metrics
Shares sold
663 shares
Common stock sale reported for September 11, 2026
Sale price
$147.60 per share
Average price for the 663 shares sold on September 11, 2026
Shares held after transaction
662 shares
Direct ownership by Thomas N. Secor after the reported sale
Shares sold under Rule 10b5-1 plan
663 shares
Sales pursuant to a trading plan adopted June 12, 2026
Trading plan adoption date
June 12, 2026
Adoption date of the pre-established Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, pre-established, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
pre-established regulatory
"were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted"
open market or private transaction market
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NOVT report for director Thomas N. Secor?
NOVT reported that director Thomas N. Secor sold 663 shares of common stock on September 11, 2026 at an average price of $147.60 per share in an open market or private transaction.
Was the September 11, 2026 NOVT insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a pre-established Rule 10b5-1 trading plan adopted by Thomas N. Secor on June 12, 2026, indicating the trades were made pursuant to an advance trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.