Novanta (NOVT) grants 4,111 RSUs to its general counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manganiello Alexander reported acquisition or exercise transactions in this Form 4 filing.
Novanta Inc. reported that its General Counsel, Alexander Manganiello, received a grant of 4,111 Restricted Stock Units on February 20, 2026. Each unit represents the right to receive one Novanta common share when it vests. The award vests in three equal installments on February 20, 2027, 2028, and 2029, providing long-term equity-based compensation that ties the executive’s interests to future company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Manganiello Alexander
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,111 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,111 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents the right to receive one Novanta Inc. common share upon vesting of such Restricted Stock Unit. The Restricted Stock Units vest in three equal installments on February 20, 2027, February 20, 2028 and February 20, 2029.
FAQ
What insider transaction did Novanta (NOVT) report for Alexander Manganiello?
Novanta reported that General Counsel Alexander Manganiello received 4,111 Restricted Stock Units on February 20, 2026. These RSUs are equity awards that convert into common shares as they vest over a multi‑year schedule.
How many Restricted Stock Units did Novanta (NOVT) grant in this Form 4?
Novanta granted 4,111 Restricted Stock Units to its General Counsel in this transaction. After the grant, his reported holdings of these units totaled 4,111, reflecting a new award rather than a purchase or sale in the open market.
When do Alexander Manganiello’s Novanta (NOVT) RSUs vest?
The RSUs vest in three equal installments on February 20, 2027, February 20, 2028, and February 20, 2029. This staggered vesting structure is designed to retain the executive and align incentives over several years.
What does each Novanta (NOVT) Restricted Stock Unit represent for this grant?
Each Restricted Stock Unit represents the right to receive one Novanta Inc. common share upon vesting. No cash is paid for the units; they are part of the executive’s equity compensation package granted at a stated price of $0.00 per unit.
How is ownership reported for the Novanta (NOVT) RSU grant?
The 4,111 Restricted Stock Units are reported as directly owned by Alexander Manganiello. Following this grant, his total directly held RSUs reported in the filing increased to 4,111, pending future vesting into common shares.