Glastra Matthijs 4

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.