Glastra Matthijs 4

What Happened Matthijs Glastra, CEO of Novanta Inc. (NOVT), sold a total of 6,500 shares in open-market transactions on July 2, 2026 for aggregate proceeds of approximately $1,047,340. The sales were reported in five tranches: 3,024 shares at a weighted-average $160.13 ($484,233); 1,672 shares at $161.28 ($269,660); 1,167 shares at $162.01 ($189,066); 437 shares at $163.71 ($71,541); and 200 shares at $164.20 ($32,840). A power of attorney is on file for the filer.

Key Details

• Transaction date: July 2, 2026; Form 4 filed July 7, 2026 (filed one business day late).
• Prices/ranges: reported weighted-average prices per tranche; underlying trade ranges were $159.72–$160.66, $160.74–$161.74, $161.83–$162.76, and $163.09–$163.95 (detailed per-footnote).
• Total shares sold: 6,500; total proceeds: ~$1.05 million.
• Shares owned after transaction: not specified in the information provided here (see the filed Form 4 for holdings).
• 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). The filer offers to provide detailed per-trade counts/prices upon request.

Context These were sales (not purchases or option exercises) executed under a pre-set 10b5-1 plan, which is commonly used to automate insider trades and reduce concerns about trading on material non-public information. The late filing (one business day past the 2-business-day Form 4 deadline) is noted in the record; investors may review the full Form 4 for any additional details.