Novanta (NOVT) director reports RSU grant and share settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Novanta Inc. director Darlene J. S. Solomon reported restricted stock unit activity and related common share ownership changes. On January 2, 2026, 1,325 restricted stock units were settled into 1,325 Novanta common shares at a price of $0 per share, leaving her with 3,541 common shares held directly. The filing also reports a grant of 1,799 restricted stock units on the same date, each representing the right to receive one Novanta common share on the first anniversary of the grant date. These newly granted units were fully vested and non-forfeitable on the grant date, and she holds 1,799 restricted stock units directly after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,325 shares exercised/converted
Mixed
3 txns
Insider
Solomon Darlene J. S.
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 — 3,541 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 transactions did Novanta (NOVT) disclose for Darlene J. S. Solomon?
The filing shows that on January 2, 2026, director Darlene J. S. Solomon had 1,325 restricted stock units (RSUs) settled into 1,325 Novanta common shares and received a new grant of 1,799 RSUs.
What are the key terms of the new 1,799 restricted stock units reported by Novanta (NOVT)?
The 1,799 restricted stock units granted on January 2, 2026 each represent the right to receive one Novanta common share on the first anniversary of the grant date, and were fully vested and non-forfeitable on the grant date.
What does the RSU settlement mean in the Novanta Form 4 filing?
The filing explains that each RSU was the economic equivalent of one Novanta common share. On January 2, 2026, 1,325 RSUs were settled and converted into 1,325 Novanta common shares held directly by the director.
Does the Novanta (NOVT) director still hold restricted stock units after the reported transactions?
Yes. Following the transactions on January 2, 2026, Darlene J. S. Solomon holds 1,799 restricted stock units directly, in addition to her common share holdings.
What is the relationship of the reporting person to Novanta Inc.?
The reporting person, Darlene J. S. Solomon, is listed as a director of Novanta Inc. and is not identified as a 10% owner or officer in this filing.