Novanta CEO-linked trust sells 7,500 shares at $140
Novanta Inc. disclosed that a trust associated with Chief Executive Officer and director Matthijs Glastra sold common stock under a pre-established trading plan.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Novanta Inc. disclosed that a trust associated with Chief Executive Officer and director Matthijs Glastra sold common stock under a pre-established trading plan. On January 21, 2026, the entity sold 7,500 shares of Novanta common stock at $140 per share in an open-market transaction. After this sale, Glastra remained beneficial owner of 71,367 shares held directly, and 54,382 shares held indirectly through the Matthijs Glastra 2021 Irrevocable Trust. The filing notes that these sales were made under a Rule 10b5-1 trading plan adopted on September 11, 2025 through a trust for which the reporting person’s spouse is a trustee.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,500 | $140.00 | $1.05M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NOVANTA INC (NOVT) report for Matthijs Glastra?
Was the NOVT insider sale by Matthijs Glastra pre-planned under Rule 10b5-1?
What role does Matthijs Glastra hold at Novanta Inc. (NOVT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.