Buckley Robert 4

What Happened

• Robert Buckley, Chief Financial Officer of Novanta Inc. (NOVT), exercised 1,423 stock options at $14.13 per share (cost $20,107) and immediately sold those 1,423 shares in the open market at a weighted-average price of $140.14 per share for gross proceeds of $199,424. The transactions were reported for 2026‑01‑21 and filed with the SEC on 2026‑01‑23.

Key Details

• Transaction date: January 21, 2026; Form filed: January 23, 2026 (appears timely under the SEC’s 2‑business‑day rule).
• Exercise (derivative acquisition): 1,423 shares @ $14.13 (total exercise cost $20,107).
• Sale (open market): 1,423 shares @ weighted‑avg $140.14 (total proceeds $199,424). Footnote says trades ranged $140.00–$140.24 and price shown is weighted average.
• Derivative disposition reported at $0 reflects conversion/exercise of the options into shares.
• Shares owned after the transaction: not specified in the information provided in this summary (see Form 4 for current holdings).
• Footnotes: sale executed under a pre‑established Rule 10b5‑1 trading plan adopted March 13, 2025; the options exercised vested in three equal installments on March 30, 2017, 2018 and 2019. Power of attorney is on file.

Context

• This sequence (exercise followed by an immediate sale) is commonly a cashless exercise: the option is exercised and the resulting shares are sold right away. Net cash proceeds to the insider before taxes/fees are roughly $199,424 − $20,107 ≈ $179,317.
• The filing is factual and routine in nature (no inference should be made about the company’s outlook based solely on this sale).