Novanta (NOVT) Co-COO converts RSUs and withholds shares for tax obligations

Rhea-AI Filing Summary

Novanta Inc. Co-Chief Operating Officer Charles Guy Ravetto, Jr. reported transactions related to restricted stock units and common shares. On February 24, he exercised 825 restricted stock units into 825 common shares at no cost, then disposed of 243 common shares at $137.44 per share to cover tax obligations. Following these transactions, he held 16,116 common shares directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ravetto Charles Guy JR

(Last) (First) (Middle)

C/O NOVANTA INC.

125 MIDDLESEX TURNPIKE

(Street)

BEDFORD MA 01730

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NOVANTA INC [ NOVT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		M		825	A	(1)	16,359	D
Common Stock	02/24/2026		F		243	D	$137.44	16,116	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/24/2026		M			825	(2)	(2)	Common Stock	825	(1)	0	D

Explanation of Responses:

1. Each Restricted Stock Unit represents the right to receive one Novanta Inc. common share upon vesting of such Restricted Stock Unit.

2. On February 24, 2023, the reporting person was granted restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.

Remarks:

Power of Attorney on file

	/s/ John Burke, Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did Novanta (NOVT) Co-Chief Operating Officer Charles Guy Ravetto Jr. report?

Charles Guy Ravetto Jr. reported exercising 825 restricted stock units into common shares and disposing of 243 common shares to satisfy tax obligations. These transactions occurred on February 24 and resulted in a direct holding of 16,116 Novanta common shares afterward.

How many Novanta (NOVT) restricted stock units did the insider convert to common stock?

The insider converted 825 restricted stock units into 825 Novanta common shares in a derivative exercise. Each restricted stock unit represented the right to receive one common share upon vesting, as specified in the grant documentation and accompanying footnote disclosure.

What was the nature of the share disposal reported by the Novanta (NOVT) insider?

The disposal of 243 Novanta common shares was classified as a tax-withholding disposition. Shares were delivered at a price of $137.44 per share to cover the exercise price or tax liability, rather than as an open-market sale for investment purposes.

What are the vesting terms of the Novanta (NOVT) restricted stock units granted to the insider?

Restricted stock units were granted on February 24, 2023, vesting in three equal installments beginning on the first anniversary of the grant date. Each unit entitles the holder to receive one Novanta common share upon vesting, according to the filing footnotes.

How many Novanta (NOVT) shares does the reporting person hold after these transactions?

After exercising restricted stock units and disposing of shares for tax withholding, the reporting person directly owns 16,116 Novanta common shares. This figure reflects the final share balance following all reported February 24 transactions in the Form 4 filing.

What transaction codes were used in the Novanta (NOVT) Form 4 filing and what do they mean?

The filing used code M for the exercise or conversion of a derivative security, reflecting RSUs converting into common stock, and code F for delivery of shares to pay the exercise price or tax liability. Both codes describe administrative equity events, not open-market buying or selling.