Novanta (NOVT) CEO sells 6,500 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
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 ($899,239)
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 — 69,712 shares (Direct);
Common Stock — 54,382 shares (Indirect, Matthijs Glastra 2021 Irrevocable Trust)
Footnotes (1)
- 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. 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. 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. 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. 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. 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. 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. 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
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.