Glastra Matthijs 4
4 · NOVANTA INC · Filed May 7, 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 a total of 6,500 shares in open-market transactions on May 5, 2026 for aggregate proceeds of about $852,348. The sales were broken into four reported blocks: 4,275 shares at a weighted-average $130.59 ($558,272), 1,022 shares at $131.75 ($134,649), 1,180 shares at $132.51 ($156,362), and 23 shares at $133.27 ($3,065). These were disposals (sales), not purchases or option exercises.
Key Details
- Transaction date: May 5, 2026; Form 4 filed May 7, 2026 (appears to meet the two-business-day reporting requirement).
- Per-trade details and footnotes:
- 4,275 shares @ $130.59 — weighted price from multiple trades ($130.21–$131.16) (F2).
- 1,022 shares @ $131.75 — weighted price from multiple trades ($131.24–$132.24) (F3).
- 1,180 shares @ $132.51 — weighted price from multiple trades ($132.25–$133.08) (F4).
- 23 shares @ $133.27 — weighted price from multiple trades ($133.27–$133.30) (F5).
- Shares owned after transaction: not specified in this filing.
- Notable footnote: Sales were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted Sept 11, 2025 through a trust for which the reporting person's spouse is trustee (F1). Power of Attorney is on file.
Context
- Sales made under a pre-established 10b5-1 plan are typically scheduled in advance and can reduce the informational signal of an insider sale (they are often routine). This filing documents disposals only and does not indicate a purchase or option exercise.
Insider Transaction Report
Form 4
NOVANTA INCNOVT
Glastra Matthijs
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
[F1][F2]2026-05-05$130.59/sh−4,275$558,272→ 52,486 total - Sale
Common Stock
[F1][F3]2026-05-05$131.75/sh−1,022$134,649→ 51,464 total - Sale
Common Stock
[F1][F4]2026-05-05$132.51/sh−1,180$156,362→ 50,284 total - Sale
Common Stock
[F1][F5]2026-05-05$133.27/sh−23$3,065→ 50,261 total
Holdings
- 54,382(indirect: By Trust)
Common Stock
Footnotes (5)
- [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 $130.21 to $131.16. 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.
- [F3]This transaction was executed in multiple trades ranging from $131.24 to $132.24. 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.
- [F4]This transaction was executed in multiple trades ranging from $132.25 to $133.08. 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.
- [F5]This transaction was executed in multiple trades ranging from $133.27 to $133.30. 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.
Signature
/s/ John Burke, Attorney-in-Fact|2026-05-07