NOVT.NASDAQNovanta INC

Form 4: Novanta CEO Sells Shares Under Pre-Planned 10b5-1

Sentiment:

Insider Transaction Report


Novanta Inc.'s CEO, Matthijs Glastra, sold 6,177 shares of common stock for $130 per share on January 9, 2026, under a pre-established 10b5-1 trading plan.

Summary

  • Matthijs Glastra, the Chief Executive Officer and a Director of Novanta Inc. (NOVT), reported the sale of common stock.
  • The transaction involved the disposition of 6,177 shares of Novanta Inc. common stock.
  • The shares were sold at a price of $130 per share, totaling approximately $802,010.
  • The sale occurred on January 9, 2026, and was executed pursuant to a pre-established Rule 10b5-1 trading plan.
  • The 10b5-1 trading plan was adopted on September 11, 2025, through a trust for which the reporting person's spouse is a trustee.
  • Following this transaction, Matthijs Glastra directly owns 78,867 shares and indirectly owns 54,382 shares through the Matthijs Glastra 2021 Irrevocable Trust.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-established 10b5-1 trading plan, which typically indicates a planned liquidity event rather than a change in sentiment regarding the company's prospects. Therefore, the sentiment is neutral.

Related Party Transactions

  • The sale was effected through a trust for which the reporting person's spouse is a trustee, indicating a related party in the context of beneficial ownership.

Stakeholder Impact

  • Shareholders: A routine insider sale under a 10b5-1 plan is generally not seen as a significant signal of future performance and typically has minimal impact on shareholder sentiment or share price.
  • Employees: No direct impact.
  • Customers, Suppliers, Creditors: No direct impact.

Key Dates

DateDescription
09/11/2025Adoption date of the Rule 10b5-1 trading plan.
01/09/2026Date of the common stock transaction (sale).
01/13/2026Date the Form 4 was signed by the attorney-in-fact.

Keywords

Novanta Inc., NOVT, Matthijs Glastra, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, CEO, Director

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