IPGP insider sells 1,502 shares after exercising options on 10/07/2025

Rhea-AI Filing Summary

Director Eric Meurice reported option exercise and subsequent share sales in IPG Photonics Corp. (IPGP). On 10/07/2025 he exercised 1,502 director stock options at an exercise price of $87.87 per share, receiving 1,502 shares. Following that, he sold a total of 1,502 shares in two blocks: 674 shares sold at a weighted average price of $89.24 and 828 shares sold at a weighted average price of $90.01, reducing his beneficial ownership to 22,803 shares held directly. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 03/07/2025. The reporting was signed by an attorney-in-fact on 10/08/2025. The filing shows routine management liquidity from option exercise and plan-driven dispositions, with all transactions disclosed at their execution prices.

Positive

• Transactions disclosed transparently with prices, volumes, and plan adoption date
• Sales executed under a Rule 10b5-1 plan, providing procedural compliance and affirmative defense

Negative

• Director's direct ownership decreased to 22,803 shares after the transactions
• Sales occurred immediately after option exercise, showing near-term monetization of equity

Insights

Insider Transactions Analyst

TL;DR: Director exercised 1,502 options and sold the resulting shares under a 10b5-1 plan on 10/07/2025.

The director exercised vested stock options at an exercise price of $87.87 to acquire 1,502 shares and then sold those shares in two tranches at weighted average prices of $89.24 and $90.01. The sales were carried out under a written Rule 10b5-1 plan adopted on 03/07/2025, which provides an affirmative defense against insider trading claims if properly structured.

The main dependency is the documented 10b5-1 plan timing and execution; the filing includes statements that the sales were pursuant to that plan. Investors may note the near-term liquidity event reduced direct holdings to 22,803 shares; this is a routine insider monetization rather than a change in control or compensation structure.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Meurice Eric

(Last) (First) (Middle)

C/O IPG PHOTONICS CORPORATION

377 SIMARANO DRIVE

(Street)

MARLBOROUGH MA 01752

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
IPG PHOTONICS CORP [ IPGP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/07/2025		M		1,502	A	$87.87	24,305	D
Common Stock	10/07/2025		S		674	D(1)	$89.24(2)	23,631	D
Common Stock	10/07/2025		S		828	D(1)	$90.01(3)	22,803	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Director Stock Option (right to buy)	$87.87	10/07/2025		M			1,502	(4)	05/31/2026	Common Stock	1,502	$0	1,500	D

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 7, 2025.

2. The reported transaction involves sale transactions ranging from $88.87 to $89.62 per share. The weighted average price per share was $89.24. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price.

3. The reported transaction involves sale transactions ranging from $89.96 to $90.11 per share. The weighted average price per share was $90.01. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price.

4. Grant of stock options vesting 100% on earlier of 6/1/2017 or date of 2017 annual stockholder meeting of Issuer.

Remarks:

	/s/ Adam N. King, Attorney-in-Fact	10/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did IPGP director Eric Meurice report on the Form 4?

He reported exercising 1,502 options at $87.87 and selling 1,502 shares on 10/07/2025.

Were the share sales by the director part of a 10b5-1 plan (IPGP)?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 03/07/2025.

At what prices were the shares sold according to the Form 4?

Sales were in two groups with weighted average prices of $89.24 and $90.01 per share.

How many IPGP shares does the director own after these transactions?

The filing shows 22,803 shares beneficially owned directly following the reported transactions.

When was the Form 4 signed and filed for these transactions?

The Form 4 was signed by an attorney-in-fact on 10/08/2025.