Lesica John 4

What Happened

• John Lesica, Chief Operating Officer of Novanta Inc. (NOVT), had 1,388 restricted stock units (RSUs) convert to common shares on February 18, 2026. To satisfy tax withholding, 445 of those shares were withheld at $145.63 per share for a withholding value of $64,805. The net number of shares delivered to Lesica was 943.
• This was a vesting/conversion of award units (not an open-market purchase or voluntary sale); the withholding is routine to cover tax obligations.

Key Details

• Transaction date: February 18, 2026; Form filed February 20, 2026 (timely).
• Conversion/vesting: 1,388 RSUs converted to 1,388 common shares (transaction code M).
• Tax withholding: 445 shares withheld at $145.63/share for $64,805 (transaction code F).
• Net shares delivered to insider: 943 (1,388 converted − 445 withheld).
• Footnotes: F1 — each RSU = one common share on vesting; F2 — these RSUs vest in three equal annual installments (Feb 18 of 2026, 2027, 2028).
• Shares owned after transaction: not specified in this filing.
• Filing remark: Power of Attorney on file.

Context

• This was a routine RSU vesting event with cashless tax withholding (common practice to cover withholding obligations). It does not represent an open-market buy or sale decision by the insider beyond the required share withholding.