Novanta (NOVT) CEO Matthijs Glastra sells 7,500 shares via 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Novanta Inc. Chief Executive Officer Matthijs Glastra reported an open‑market sale of 7,500 shares of common stock on February 10, 2026 at a weighted‑average price of $145.04 per share. The sale was made under a pre‑established Rule 10b5‑1 trading plan adopted on September 11, 2025.
Following this transaction, Glastra beneficially owns 57,367 Novanta shares directly and 54,382 shares indirectly through the Matthijs Glastra 2021 Irrevocable Trust, for which his spouse serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,500 shares ($1,087,800)
Net Sell
2 txns
Insider
Glastra Matthijs
Role
Chief Executive Officer
Sold
7,500 shs ($1.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $145.04 | $1.09M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 57,367 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 $145.00 to $145.44. 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) report for CEO Matthijs Glastra?
NOVANTA INC reported that CEO Matthijs Glastra sold 7,500 shares of common stock in an open‑market transaction. The sale occurred on February 10, 2026 at a weighted‑average price of $145.04 per share, as disclosed in a Form 4 insider trading report.
What is the transaction code used in the NOVANTA INC (NOVT) Form 4 for the CEO’s sale?
The transaction is coded “S,” indicating a sale in an open‑market or private transaction. The filing further clarifies it as an open‑market sale of common stock, executed in multiple trades, all on February 10, 2026 under the Rule 10b5‑1 trading plan.