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 vesting and subsequent disposal of restricted stock units on April 21, 2025.
Summary
- On April 21, 2025, Charles Guy Ravetto JR., Co-Chief Operating Officer of Novanta Inc., reported transactions involving Novanta Inc. common stock.
- Ravetto exercised 5,103 Restricted Stock Units (RSUs) and disposed of 2,150 shares to cover tax obligations at a price of $110.54 per share.
- Additionally, Ravetto exercised 4,318 RSUs and disposed of 1,268 shares to cover tax obligations at a price of $110.54 per share.
- Following these transactions, Ravetto directly owns 13,162 shares of Novanta Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment about the company's performance or future prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader trend in the industry but offers insight into the individual executive's holdings and transactions.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 04/21/2025 | Date of stock transactions (exercise of RSUs and disposal of shares). |
| 04/23/2025 | Date of signature for the report. |
Keywords
Novanta Inc., Charles Guy Ravetto JR., Form 4, Stock Transaction, Restricted Stock Units, NOVT, Co-Chief Operating Officer
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