Glastra Matthijs 4
4 · NOVANTA INC · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
Novanta (NOVT) CEO Matthijs Glastra Sells 6,500 Shares
What Happened
Matthijs Glastra, CEO of Novanta Inc. (NOVT), sold 6,500 shares on April 17, 2026. The shares were disposed at a weighted-average price of $130.05 per share for aggregate proceeds of approximately $845,325. The filing notes the sales were made pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-04-17
- Filing date: 2026-04-21 (filed on the second business day after the trade) — appears timely
- Transaction type/code: Sale (S) — open-market disposals executed in multiple trades
- Quantity and price: 6,500 shares; weighted-average $130.05; execution prices ranged $130.00–$130.28 (per footnote)
- Proceeds: ≈ $845,325
- Shares owned after transaction: Not stated in this Form 4 filing
- Notable footnotes: 10b5-1 plan adopted Sept 11, 2025 via a trust for which the reporting person’s spouse is trustee; reporting person will provide trade-level share/price details upon request. Remark: Power of Attorney on file.
Context
This was a planned sale under a 10b5-1 program, which typically indicates pre-scheduled, routine trading rather than a discretionary, real-time decision. Sales do not carry the same informational weight for investors as insider purchases, but monitoring future filings can show any change in pattern. If you want the specific per-trade breakdown, the filing says those details are available on request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-04-17$130.05/sh−6,500$845,325→ 56,761 total
- 54,382(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]The sales reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan that was adopted on September 11, 2025 through a trust for which the reporting person's spouse is a trustee.
- [F2]This transaction was executed in multiple trades ranging from $130.00 to $130.28. The price reported above reflects the weighted-average price. The reporting person hereby undertakes to provide upon request from the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.