Novanta Inc. (NOVT) CEO sells 323 shares under 10b5-1 trading plan
Rhea-AI Filing Summary
Novanta Inc. Chief Executive Officer and director Matthijs Glastra reported a small insider sale of company stock. On January 8, 2026, he sold 323 shares of Novanta Inc. common stock at a weighted-average price of $130.14 per share, coded as an open market sale. The transaction was carried out under a pre-established Rule 10b5-1 trading plan adopted on September 11, 2025, which is designed to allow automated trading according to preset instructions.
Following this sale, Glastra beneficially owns 85,044 shares directly and an additional 54,382 shares indirectly through the Matthijs Glastra 2021 Irrevocable Trust, for which his spouse serves as trustee.
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FAQ
What insider transaction did Novanta (NOVT) report for its CEO?
Novanta Inc. reported that its Chief Executive Officer and director Matthijs Glastra sold 323 shares of Novanta common stock on January 8, 2026 in an open market transaction.
At what price were the Novanta (NOVT) shares sold in this Form 4 filing?
The 323 shares of Novanta common stock were sold at a weighted-average price of $130.14 per share, based on multiple trades ranging from $130.06 to $130.23.
Was the Novanta (NOVT) CEO sale under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected under 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.
How many Novanta (NOVT) shares does CEO Matthijs Glastra own after the reported sale?
After the reported transaction, Matthijs Glastra beneficially owns 85,044 shares directly and 54,382 shares indirectly through the Matthijs Glastra 2021 Irrevocable Trust.
Does the Form 4 indicate indirect ownership for Novanta (NOVT) shares?
Yes. The Form 4 lists 54,382 Novanta common shares as held indirectly through the Matthijs Glastra 2021 Irrevocable Trust, which is referenced in the ownership table.
Who is the reporting person in this Novanta (NOVT) Form 4 filing and what is their role?
The reporting person is Matthijs Glastra, who is identified in the filing as both a director and the Chief Executive Officer of Novanta Inc.