NOVT - Novanta Inc
Insider Sale by Glastra Matthijs (CEO)
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Trade Summary
4 days ago, Glastra Matthijs, serving as CEO at Novanta Inc (NOVT), sold 6,500 shares at $131.13 per share, for a total transaction value of $852,348.00. Following this transaction, Glastra Matthijs now holds 104,643 shares of NOVT.
This sale represents a 6.00% 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 Tuesday, May 5, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, May 7, 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.
Trade Price
$131.13
Quantity
6,500
Total Value
$852,348.00
Shares Owned
104,643
Trade Date
4 days ago
SEC Filing Date
Filed 2 days after trade
Discussion