Novanta CEO Glastra sells shares under 10b5-1 plan
Novanta Inc. Chief Executive Officer and director Matthijs Glastra reported an insider sale of common stock.
Rhea-AI Filing Summary
Novanta Inc. Chief Executive Officer and director Matthijs Glastra reported an insider sale of common stock. On January 9, 2026, a total of 6,177 shares of Novanta common stock were sold at $130 per share, coded as an open market sale.
The filing notes that these sales were carried out 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. After this transaction, Glastra beneficially owned 78,867 shares directly and 54,382 shares indirectly through the Matthijs Glastra 2021 Irrevocable Trust, indicating he continues to hold a significant equity position in Novanta.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,177 | $130.00 | $803K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did Novanta (NOVT) report in this Form 4?
What type of security was involved in the Novanta CEO’s Form 4 filing?
Does this Novanta Form 4 indicate any derivative security transactions?
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