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NOVT - Novanta Inc

Insider Sale by Glastra Matthijs (CEO)

1 Month
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Trade Summary

3 days ago, Glastra Matthijs, serving as CEO at Novanta Inc (NOVT), sold 6,500 shares at $138.34 per share, for a total transaction value of $899,239.00. Following this transaction, Glastra Matthijs now holds 117,643 shares of NOVT.

This sale represents a 5.00% decrease in Glastra Matthijs's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, March 2, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 4, 2026, 2 days after the trade was made.

Novanta Inc operates in the TECHNOLOGY sector, specifically within the SCIENTIFIC & TECHNICAL INSTRUMENTS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Glastra Matthijs

Glastra Matthijs

CEO

Matthijs Glastra is the Chair and Chief Executive Officer of Novanta Inc. (NASDAQ: NOVT), a global supplier of laser, precision motion, and vision technologies for medical and advanced industrial markets. He assumed the CEO role on September 1, 2016, after serving as Chief Operating Officer since February 2015 and joining the company in 2012 as Group President.[[1]](https://www.biospace.com/novanta-names-b-matthijs-glastra-b-ceo)[[2]](https://www.marketscreener.com/insider/MATTHIJS-GLASTRA-A0OCFV/)[[5]](https://investors.novanta.com/governance/board-of-directors/director-profile/person-details/default.aspx?ItemId=66959079-8715-4007-9029-abff0bbcaddf) He was appointed Chair of Novanta's Board on May 13, 2021.[[3]](https://fintool.com/app/research/companies/IEX/people/matthijs-glastra)[[5]](https://investors.novanta.com/governance/board-of-directors/director-profile/person-details/default.aspx?ItemId=66959079-8715-4007-9029-abff0bbcaddf)[[6]](https://investors.novanta.com/governance/board-of-directors/director-profile/default.aspx) Glastra brings over 18 years of experience from Koninklijke Philips N.V., where he held leadership roles including CEO of Philips Entertainment Lighting, COO of Philips Lumileds, Director of Corporate Strategy, and Product Manager in Computed Tomography at Philips Healthcare.[[1]](https://www.biospace.com/novanta-names-b-matthijs-glastra-b-ceo)[[2]](https://www.marketscreener.com/insider/MATTHIJS-GLASTRA-A0OCFV/)[[3]](https://fintool.com/app/research/companies/IEX/people/matthijs-glastra) His career highlights include leading global technology businesses in industrial, medical, and semiconductor sectors across Europe and Silicon Valley.[[1]](https://www.biospace.com/novanta-names-b-matthijs-glastra-b-ceo)[[4]](https://events.american-tradeshow.com/LPMS/speaker/43192/matthijs-glastra) He holds a Master of Science in Applied Physics from Delft University of Technology, an Advanced Engineering Degree from ESPCI Paris, and an MBA from INSEAD.[[1]](https://www.biospace.com/novanta-names-b-matthijs-glastra-b-ceo)[[2]](https://www.marketscreener.com/insider/MATTHIJS-GLASTRA-A0OCFV/)[[3]](https://fintool.com/app/research/companies/IEX/people/matthijs-glastra)[[5]](https://investors.novanta.com/governance/board-of-directors/director-profile/person-details/default.aspx?ItemId=66959079-8715-4007-9029-abff0bbcaddf) Currently, he serves as a Director at IDEX Corporation (NYSE: IEX) since February 2025.[[2]](https://www.marketscreener.com/insider/MATTHIJS-GLASTRA-A0OCFV/)[[3]](https://fintool.com/app/research/companies/IEX/people/matthijs-glastra)[[5]](https://investors.novanta.com/governance/board-of-directors/director-profile/person-details/default.aspx?ItemId=66959079-8715-4007-9029-abff0bbcaddf)

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Trade Price

$138.34

Quantity

6,500

Total Value

$899,239.00

Shares Owned

117,643

Trade Date

Monday, March 2, 2026

3 days ago

SEC Filing Date

Wednesday, March 4, 2026

Filed 2 days after trade

TECHNOLOGYSCIENTIFIC & TECHNICAL INSTRUMENTS

About Novanta Inc

Company Overview

No company information available
View news mentioning NOVT

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