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.
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.
Positive
- None.
Negative
- None.
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
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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)?
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