Novanta (NOVT) Co-COO gets 7,537 RSUs, exercises 1,633 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Novanta Inc. Co-Chief Operating Officer John Lesica reported multiple equity transactions on February 20, 2026. He received a grant of 7,537 Restricted Stock Units (RSUs), each representing one common share upon vesting. The RSUs vest in three equal installments on February 20, 2027, 2028, and 2029. He also exercised 1,633 RSUs into common stock and then had 480 common shares withheld at 145.96 per share to cover tax obligations, leaving him with 2,096 common shares held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,633 shares exercised/converted
Mixed
4 txns
Insider
Lesica John
Role
Co-Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,537 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,633 | $0.00 | -- |
| Exercise | Common Stock | 1,633 | $0.00 | -- |
| Tax Withholding | Common Stock | 480 | $145.96 | $70K |
Holdings After Transaction:
Restricted Stock Units — 7,537 shares (Direct);
Common Stock — 2,576 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. The Restricted Stock Units vest in three equal installments on February 20, 2026, February 20, 2027 and February 20, 2028.
FAQ
What did Novanta (NOVT) Co-COO John Lesica report in this Form 4?
John Lesica reported a grant of 7,537 Restricted Stock Units, the exercise of 1,633 RSUs into common stock, and a tax-withholding disposition of 480 common shares at $145.96 per share, all dated February 20, 2026.
How many Restricted Stock Units were granted to Novanta (NOVT) Co-COO John Lesica?
He was granted 7,537 Restricted Stock Units. Each RSU represents the right to receive one Novanta common share upon vesting, providing equity-based compensation aligned with the company’s stock performance over the vesting period.
What is the vesting schedule for John Lesica’s new Novanta (NOVT) RSUs?
The 7,537 Restricted Stock Units vest in three equal installments on February 20, 2027, February 20, 2028, and February 20, 2029, creating a multi-year incentive structure tied to continued service and company performance.
What RSU exercise did Novanta (NOVT) Co-COO John Lesica complete?
He exercised 1,633 Restricted Stock Units into 1,633 shares of Novanta common stock. This derivative exercise converted previously granted RSUs into directly held shares as part of his equity compensation.