Novanta CAO reports RSU grant and share disposition
Novanta Inc reported that Chief Accounting Officer John Joseph Burke II received a grant of 1,062 Restricted Stock Units on February 20, 2026, each representing one common share and vesting in three equal installments on February 20, 2027, 2028 and 2029.
Rhea-AI Filing Summary
Novanta Inc reported that Chief Accounting Officer John Joseph Burke II received a grant of 1,062 Restricted Stock Units on February 20, 2026, each representing one common share and vesting in three equal installments on February 20, 2027, 2028 and 2029. On the same date, 490 RSUs were converted into common stock, with 170 shares delivered at $145.96 per share to satisfy tax obligations. Following these transactions, Burke directly holds 2,043 Restricted Stock Units and 8,219 shares of Novanta common stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,062 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 490 | $0.00 | $0.00 |
| Exercise | Common Stock | 490 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 170 | $145.96 | $25K |
Footnotes (3)
- 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 20, 2027, February 20, 2028, and February 20, 2029.
- F3. The Restricted Stock Units vest in three equal installments on February 20, 2026, February 20, 2027 and February 20, 2028.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Novanta (NOVT) report for John Joseph Burke II?
How many Restricted Stock Units were granted to the Novanta (NOVT) Chief Accounting Officer?
When do the new Novanta (NOVT) RSU awards for the CAO vest?
What is the nature of the RSUs reported for Novanta (NOVT) in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.