Novanta (NOVT) director reports RSU settlement and new 1,799-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Novanta Inc. director Wilson Frank Anders reported equity award activity on January 2, 2026. He settled 1,325 Restricted Stock Units (RSUs), which were each the economic equivalent of one Novanta common share, into 1,325 shares of common stock, bringing his directly held common stock to 3,947 shares following the transaction.
On the same date, he received a new grant of 1,799 RSUs, each representing the right to receive one Novanta common share on the first anniversary of the grant date (or the next business day). These RSUs were fully vested and non‑forfeitable on the grant date, leaving him with 1,799 RSUs beneficially owned after the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,325 shares exercised/converted
Mixed
3 txns
Insider
Wilson Frank Anders
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,325 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,799 | $0.00 | -- |
| Exercise | Common Stock | 1,325 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 3,947 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") was the economic equivalent of one Novanta Inc. common share. On January 2, 2026, the RSUs were settled in Novanta Inc. common shares. Each Restricted Stock Unit represents the right to receive one Novanta Inc. common share on the first anniversary of the Grant Date (or, if such date is not a business day, on the first business day immediately following the first anniversary of the Grant Date). The Restricted Stock Units were fully vested and non-forfeitable on the Grant Date.
FAQ
What insider activity did Novanta (NOVT) report for Wilson Frank Anders?
On January 2, 2026, director Wilson Frank Anders settled 1,325 RSUs into Novanta common stock and received a new grant of 1,799 RSUs.
What are the terms of the new 1,799 Novanta RSUs granted to Wilson Frank Anders?
Each of the 1,799 RSUs represents the right to receive one Novanta common share on the first anniversary of the grant date, or the next business day.
Were the newly granted Novanta RSUs vested for Wilson Frank Anders?
Yes. The filing states the Restricted Stock Units were fully vested and non-forfeitable on the Grant Date.
What does the RSU settlement mean for Novanta director Wilson Frank Anders?
The settlement converted 1,325 RSUs, each equal to one Novanta share, into 1,325 common shares, increasing his directly held stock to 3,947 shares.
Does the Form 4 indicate whether the Novanta RSU transactions were purchases or sales?
The transactions are reported under code M (RSU settlement into shares) and A (RSU grant), with a reported price of $0.00 per unit, indicating equity award activity rather than open‑market trades.