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.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 323 | $130.14 | $42K |
| 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 $130.06 to $130.23. 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.
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.
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.
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.