Form 4: Novanta CEO Shifts 15,693 Shares to Direct Ownership

Novanta Inc.'s CEO, Matthijs Glastra, transferred 15,693 shares of common stock from an indirect trust to his direct ownership on December 2, 2025.

Summary

• Matthijs Glastra, Chief Executive Officer and Director of Novanta Inc. (NOVT), reported a change in beneficial ownership of common stock.
• On December 2, 2025, 15,693 shares of Novanta common stock were transferred from indirect ownership within the Matthijs Glastra 2023 GRAT to Mr. Glastra's direct ownership.
• The transaction was reported with a price of $0, indicating a reclassification or transfer of ownership rather than a market sale or purchase.
• This transaction was made pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up pre-planned transactions to avoid accusations of trading on material non-public information.
• Following this transfer, Mr. Glastra directly owns 85,367 shares of common stock.
• The Matthijs Glastra 2023 GRAT now holds 0 shares, while Mr. Glastra continues to indirectly own 54,382 shares through the Matthijs Glastra 2021 Irrevocable Trust.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The CEO is consolidating personal holdings, not selling shares. The transaction is a reclassification of ownership, not a market transaction that would imply a change in sentiment towards the company's prospects.

Positives

• The transaction represents a reclassification of existing holdings rather than a sale, indicating continued commitment to the company by the CEO.
• The transaction was executed under a Rule 10b5-1(c) plan, suggesting a pre-planned and orderly management of personal holdings.

Future Outlook

This filing, a Form 4, does not contain any forward-looking statements or guidance regarding Novanta Inc.'s future performance or strategic outlook.

Industry Context

This Form 4 filing pertains to an individual insider's personal holdings and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The impact on shareholders is minimal as this is a reclassification of existing holdings by the CEO and does not alter his overall beneficial ownership or signal a change in company fundamentals.

Key Dates

Recommendation

This Form 4 reports a routine internal transfer of shares by the CEO from an indirect trust to direct ownership, not a sale or purchase. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transaction is a reclassification of existing holdings, suggesting continued commitment from the CEO without altering the investment thesis.

Keywords

Novanta Inc., NOVT, Matthijs Glastra, CEO, Director, Form 4, Beneficial Ownership, Common Stock, Insider Transaction, Rule 10b5-1