Novanta CEO sells 6,500 shares in plan trade
Novanta Inc. Chief Executive Officer Matthijs Glastra reported open-market sales of 6,500 shares of common stock on March 2, 2026.
Rhea-AI Filing Summary
Novanta Inc. Chief Executive Officer Matthijs Glastra reported open-market sales of 6,500 shares of common stock on March 2, 2026. The shares were sold in multiple transactions at prices ranging from $131.92 to $140.48 per share under a pre-established Rule 10b5-1 trading plan adopted on September 11, 2025. Following these sales, he holds 63,261 shares directly and 54,382 shares indirectly through the Matthijs Glastra 2021 Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,500 shares
Net Sell
9 txns
Insider
Glastra Matthijs
Role
Chief Executive Officer
Sold
6,500 shs ($899K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 49 | $131.92 | $6K |
| Sale | Common Stock | 500 | $133.77 | $67K |
| Sale | Common Stock | 74 | $134.69 | $10K |
| Sale | Common Stock | 586 | $136.35 | $80K |
| Sale | Common Stock | 1,375 | $137.28 | $189K |
| Sale | Common Stock | 940 | $138.67 | $130K |
| Sale | Common Stock | 1,180 | $139.50 | $165K |
| Sale | Common Stock | 1,796 | $140.48 | $252K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 63,261 shares (Direct);
Common Stock — 54,382 shares (Indirect, Matthijs Glastra 2021 Irrevocable Trust)
Footnotes (8)
- F1. The sales reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan that was adopted on September 11, 2025 through a trust for which the reporting person's spouse is a trustee.
- F2. This transaction was executed in multiple trades ranging from $133.03 to $133.96. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3. This transaction was executed in multiple trades ranging from $134.52 to $134.98. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4. This transaction was executed in multiple trades ranging from $135.86 to $136.86. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5. This transaction was executed in multiple trades ranging from $136.89 to $137.79. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F6. This transaction was executed in multiple trades ranging from $137.90 to $138.84. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F7. This transaction was executed in multiple trades ranging from $138.96 to $139.96. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F8. This transaction was executed in multiple trades ranging from $140.08 to $140.75. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NOVANTA INC (NOVT) disclose for Matthijs Glastra?
NOVANTA INC disclosed that CEO Matthijs Glastra sold 6,500 shares of common stock in open-market transactions. The sales occurred on March 2, 2026, across several trades at different prices as part of an established Rule 10b5-1 trading plan.
Was the NOVANTA INC CEO’s stock sale under a Rule 10b5-1 trading plan?
Yes, the Form 4 states the CEO’s stock sales were effected under a pre-established Rule 10b5-1 trading plan. This plan was adopted on September 11, 2025, through a trust for which the reporting person’s spouse serves as trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.