Novanta CFO exercises 2,935 units, withholds shares
NOVANTA INC Chief Financial Officer Robert Buckley exercised 2,935 Performance Stock Units into common shares, then used 1,420 shares to cover tax withholding at $144.93 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
NOVANTA INC Chief Financial Officer Robert Buckley exercised 2,935 Performance Stock Units into common shares, then used 1,420 shares to cover tax withholding at $144.93 per share. He now holds 92,549 shares directly and 36,219 shares indirectly through the Buckley Family Irrevocable Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 2,935 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,935 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,420 | $144.93 | $206K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Each Performance Stock Unit represents the right to receive one Novanta Inc. common share upon vesting of such Performance Stock Unit.
- F2. The number of shares underlying Performance Stock Unit award originally granted February 24, 2023 became fixed upon ratification by the Compensation Committee of the Board of Directors based on 58.4% achievement of performance target.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NOVT CFO Robert Buckley report on this Form 4?
What indirect Novanta (NOVT) holdings are associated with the Buckley Family Irrevocable Trust?
How were the Performance Stock Units in the NOVT Form 4 originally determined?
What does transaction code M mean in the NOVT CFO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.