Glastra Matthijs 4

What Happened
Matthijs Glastra, CEO of Novanta Inc. (NOVT), sold a total of 6,500 shares in open-market transactions on February 2, 2026, generating approximately $878,458 in proceeds. The sales were executed in four tranches: 3,606 shares @ $134.52 ($485,079), 1,738 shares @ $135.50 ($235,499), 1,108 shares @ $136.54 ($151,286), and 48 shares @ $137.38 ($6,594). These were disposals (sales), which are commonly routine and do not necessarily indicate a change in company outlook.

Key Details

• Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (filed within the normal 2-business-day window).
• Tranche prices and notes:
  • 3,606 sh @ $134.52 (weighted avg; actual trades ranged $133.96–$134.95).
  • 1,738 sh @ $135.50 (weighted avg; actual trades ranged $134.98–$135.93).
  • 1,108 sh @ $136.54 (weighted avg; actual trades ranged $136.02–$136.92).
  • 48 sh @ $137.38 (weighted avg; actual trades ranged $137.29–$137.45).
• Total shares sold: 6,500; total proceeds: ~$878,458.
• Shares owned after transaction: Not reported in the provided Form 4 summary.
• Notable footnotes: Sales were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted Sept 11, 2025 via a trust for which the reporting person's spouse is trustee. Reporting person committed to provide detailed trade-level info on request. Power of Attorney on file.

Context
The trades were made under a 10b5-1 plan (pre-set instructions), which is intended to prevent trading based on inside information. Sales under such plans are often routine portfolio-management actions. Because these are sales (not purchases or option exercises), they are less commonly interpreted as a bullish signal by investors.