Glastra Matthijs 4

What Happened Glastra Matthijs, CEO of Novanta, sold 7,500 shares of NOVT on January 21, 2026 at $140.00 per share, generating proceeds of $1,050,000. This was a sale (not a purchase or option exercise), which is often a routine disposition rather than a directional signal.

Key Details

• Transaction date: 2026-01-21; reported on Form 4 filed 2026-01-23 (appears timely).
• Sale details: 7,500 shares sold at $140.00 per share — total proceeds $1,050,000.
• Method: Reported as an open-market or private sale (Form 4 coding S).
• Shares owned after transaction: not disclosed in the information provided here.
• Footnote: Sale was effected pursuant to a pre-established Rule 10b5-1 trading plan adopted September 11, 2025 through a trust for which the reporting person’s spouse is trustee.
• Additional note: Power of Attorney is on file per the filing remarks.

Context Because the sale was executed under a pre-established Rule 10b5-1 plan, it was arranged in advance and is typically considered a routine, rule-compliant disposition rather than an ad-hoc insider trade. Retail investors should consider this context when interpreting the sale; 10b5-1 transactions often reflect planned liquidity rather than a change in the insider’s view of the company.