[Form 4] Novanta Inc. Insider Trading Activity
Matthijs Glastra, who serves as Chief Executive Officer and a director of Novanta Inc. (NOVT), reported a change in beneficial ownership on 09/10/2025. The filing shows 41,487 shares of common stock were transferred from the Anna Maria Vogelaar 2020 Trust to the reporting person’s direct ownership. Following the reported transaction, the reporting person’s direct beneficial ownership is listed as 69,674 shares. The filing also discloses indirect holdings of 54,382 shares in the Matthijs Glastra 2021 Irrevocable Trust and 15,693 shares in the Matthijs Glastra 2023 GRAT. The Form 4 was signed by an attorney-in-fact, John Burke, on 09/11/2025.
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Insights
TL;DR: Insider transferred trust-held shares into direct ownership; routine disclosure showing ownership consolidation.
The Form 4 documents a non-derivative transfer of 41,487 common shares from the Anna Maria Vogelaar 2020 Trust to Matthijs Glastra’s direct ownership dated 09/10/2025. As both CEO and a director, Glastra is reporting the change consistent with Section 16 requirements. The filing lists remaining indirect holdings in two family trusts, which is typical for executive estate planning. The record was executed by an attorney-in-fact and properly reported with the stated dates.
TL;DR: No cash consideration and no options involved; transaction appears to be an internal transfer without market impact.
The transaction code is reported as a transfer (code G) with a $0 price, indicating an internal reallocation rather than a market sale or purchase. The filing does not disclose any derivative activity. The resulting direct beneficial ownership is reported as 69,674 shares, with indirect holdings of 54,382 and 15,693 in two named trusts. Materiality is limited absent additional context such as percentage ownership or recent trading.