Novanta CAO RSU vesting and tax share disposal
Novanta Inc. Chief Accounting Officer John Joseph Burke II reported vesting of 519 Restricted Stock Units on February 23, 2026, which converted into 519 common shares at no cost.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Novanta Inc. Chief Accounting Officer John Joseph Burke II reported vesting of 519 Restricted Stock Units on February 23, 2026, which converted into 519 common shares at no cost. To satisfy tax obligations related to this vesting, 176 common shares were disposed of at $142.38 per share, leaving him with 8,562 directly owned shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 519 | $0.00 | $0.00 |
| Exercise | Common Stock | 519 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 176 | $142.38 | $25K |
Footnotes (2)
- F1. Each Restricted Stock Unit represents the right to receive one Novanta Inc. common share upon vesting of such Restricted Stock Unit.
- F2. The Restricted Stock Units vest in three equal installments on February 21, 2025, February 23, 2026 and February 22, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NOVANTA INC (NOVT) report for John Joseph Burke II?
Was the NOVT Form 4 transaction a stock purchase or sale by the insider?
How do the Restricted Stock Units for NOVT vest for John Joseph Burke II?
What is the nature of the RSU transactions reported in the Novanta (NOVT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.