STOCK TITAN

Novanta (NOVT) CEO sells 6,500 shares in pre-set 10b5-1 trades

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Novanta Inc. Chief Executive Officer Matthijs Glastra sold 6,500 shares of common stock in open-market transactions on May 5, 2026, under a pre-established Rule 10b5-1 trading plan. The trades were executed at weighted-average prices within disclosed ranges, and Glastra also reports indirect ownership of 54,382 shares through a 2021 irrevocable trust.

Positive

  • None.

Negative

  • None.
Insider Glastra Matthijs
Role Chief Executive Officer
Sold 6,500 shs ($852K)
Type Security Shares Price Value
Sale Common Stock 4,275 $130.59 $558K
Sale Common Stock 1,022 $131.75 $135K
Sale Common Stock 1,180 $132.51 $156K
Sale Common Stock 23 $133.27 $3K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 52,486 shares (Direct, null); Common Stock — 54,382 shares (Indirect, Matthijs Glastra 2021 Irrevocable Trust)
Footnotes (1)
  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 $130.21 to $131.16. 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. This transaction was executed in multiple trades ranging from $131.24 to $132.24. 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. This transaction was executed in multiple trades ranging from $132.25 to $133.08. 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. This transaction was executed in multiple trades ranging from $133.27 to $133.30. 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.
Shares sold 6,500 shares Total common shares sold by CEO on May 5, 2026
Price range (tranche 1) $130.21–$131.16 Multiple trades; weighted-average price disclosed in Form 4 footnote
Price range (tranche 2) $131.24–$132.24 Multiple trades; weighted-average price disclosed in Form 4 footnote
Price range (tranche 3) $132.25–$133.08 Multiple trades; weighted-average price disclosed in Form 4 footnote
Price range (tranche 4) $133.27–$133.30 Multiple trades; weighted-average price disclosed in Form 4 footnote
Indirect holdings 54,382 shares Common stock held via Matthijs Glastra 2021 Irrevocable Trust
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan…"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted-average price financial
"The price reported above reflects the weighted-average price."
irrevocable trust financial
"Matthijs Glastra 2021 Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
""ownership_type": "indirect""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Glastra Matthijs

(Last)(First)(Middle)
C/O NOVANTA INC.
125 MIDDLESEX TURNPIKE

(Street)
BEDFORD MASSACHUSETTS 01730

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NOVANTA INC [ NOVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/05/2026S(1)4,275D$130.59(2)52,486D
Common Stock05/05/2026S(1)1,022D$131.75(3)51,464D
Common Stock05/05/2026S(1)1,180D$132.51(4)50,284D
Common Stock05/05/2026S(1)23D$133.27(5)50,261D
Common Stock54,382IMatthijs Glastra 2021 Irrevocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. This transaction was executed in multiple trades ranging from $130.21 to $131.16. 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.
3. This transaction was executed in multiple trades ranging from $131.24 to $132.24. 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.
4. This transaction was executed in multiple trades ranging from $132.25 to $133.08. 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.
5. This transaction was executed in multiple trades ranging from $133.27 to $133.30. 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.
Remarks:
Power of Attorney on file
/s/ John Burke, Attorney-in-Fact05/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NOVANTA INC (NOVT) disclose for its CEO?

NOVANTA INC reported that CEO Matthijs Glastra sold 6,500 shares of common stock in open-market transactions on May 5, 2026. These sales were made under a pre-established Rule 10b5-1 trading plan, indicating they were scheduled in advance rather than reactive trades.

At what prices did the NOVT CEO’s May 5, 2026 share sales occur?

The CEO’s sales on May 5, 2026 were executed in multiple trades at weighted-average prices, with individual trades ranging from $130.21 to $133.30 per share. The Form 4 notes the insider will provide detailed trade breakdowns upon request to regulators or shareholders.

Was the NOVANTA INC CEO’s Form 4 sale part of a Rule 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted on September 11, 2025. Such plans are set up in advance to systematically sell shares, helping separate routine liquidity transactions from opportunistic trading decisions.

How many NOVANTA INC shares does the CEO hold indirectly after this filing?

The Form 4 shows indirect ownership of 54,382 NOVANTA INC common shares through the Matthijs Glastra 2021 Irrevocable Trust. A footnote explains that the Rule 10b5-1 plan was adopted through a trust for which the reporting person’s spouse serves as trustee.

Does the NOVANTA INC CEO still retain a significant position after selling 6,500 shares?

The Form 4 indicates CEO Matthijs Glastra continues to hold common stock directly and reports 54,382 additional shares held indirectly via a 2021 irrevocable trust. The 6,500 shares sold represent only part of his overall disclosed equity exposure to NOVANTA INC.

What does weighted-average price mean in the NOVT CEO’s Form 4 filing?

Weighted-average price means each reported sale price reflects the average of multiple trades executed within a price range on that day. Footnotes explain trades occurred in bands such as $130.21–$131.16, and the CEO agrees to provide exact trade prices and sizes on request.