Novanta (NASDAQ: NOVT) director reports 748-share sale under 10b5-1 plan
Rhea-AI Filing Summary
Novanta Inc. director reported a small stock sale under a pre-arranged trading plan. On 12/15/2025, the reporting person sold 748 shares of Novanta common stock at a price of $119.67 per share. After this transaction, the director directly beneficially owns 747 shares of Novanta common stock. The filing notes that the sale was carried out under a pre-established Rule 10b5-1 trading plan adopted on September 10, 2025, which is designed to allow insiders to sell shares according to a preset schedule.
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FAQ
What insider transaction did Novanta Inc (NOVT) report in this Form 4?
The filing reports that a director of Novanta Inc. sold 748 shares of Novanta common stock on 12/15/2025 at a price of $119.67 per share.
How many Novanta (NOVT) shares does the director own after this transaction?
Following the reported sale, the director beneficially owns 747 shares of Novanta Inc. common stock in direct ownership.
Was the Novanta (NOVT) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales "were effected pursuant to a pre-established Rule 10b5-1 trading plan" that was adopted on September 10, 2025 by the reporting person.
What is the relationship of the reporting person to Novanta Inc (NOVT)?
The reporting person is identified as a Director of Novanta Inc., as indicated in the relationship section of the filing.
Is this Novanta (NOVT) Form 4 filed by one reporting person or a group?
The document indicates that the Form 4 is filed by one reporting person, not by more than one reporting person.
What address is listed for the reporting person in the Novanta (NOVT) Form 4?
The address listed is C/O Novanta Inc., 125 Middlesex Turnpike, which is provided as the street address for the reporting person.