Form 4: Novanta Inc. Executive Charles Guy Ravetto JR Reports Stock Transactions
SEC Form 4 Filing
Charles Guy Ravetto JR, Co-Chief Operating Officer of Novanta Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On February 21, 2025, Charles Guy Ravetto JR exercised restricted stock units, acquiring 1,058 shares of Novanta Inc. common stock.
- Also on February 21, 2025, 349 shares were disposed of to cover tax obligations at a price of $140.51 per share.
- Following these transactions, Ravetto directly owns 6,577 shares of common stock.
- On February 20, 2025, Ravetto acquired 4,902 restricted stock units.
- Following these transactions, Ravetto directly owns 2,118 restricted stock units vesting on February 21, 2025, February 21, 2026 and February 21, 2027.
- Following these transactions, Ravetto directly owns 4,902 restricted stock units vesting on February 20, 2026, February 20, 2027 and February 20, 2028.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and their potential impact on the stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of restricted stock units acquisition. |
| 02/21/2025 | Date of common stock acquisition and disposal. |
| 02/21/2025 | First vesting date for 2,118 Restricted Stock Units. |
| 02/21/2026 | Second vesting date for 2,118 Restricted Stock Units. |
| 02/20/2026 | First vesting date for 4,902 Restricted Stock Units. |
| 02/21/2027 | Third vesting date for 2,118 Restricted Stock Units. |
| 02/20/2027 | Second vesting date for 4,902 Restricted Stock Units. |
| 02/20/2028 | Third vesting date for 4,902 Restricted Stock Units. |
| 02/24/2025 | Date of signature for the report. |
Keywords
Novanta Inc., Charles Guy Ravetto JR, Form 4, Stock Transactions, Restricted Stock Units, Common Stock, Insider Trading
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