IPG Photonics (IPGP) director Desmond sells 1,690 shares at $105.58 avg
Rhea-AI Filing Summary
IPG Photonics director Jeanmarie F. Desmond reported an open-market sale of 1,690 shares of Common Stock. The shares were sold at a weighted average price of $105.58 per share, with individual sale prices ranging from $105.11 to $105.89. After this transaction, Desmond directly holds 10,486 shares of IPG Photonics common stock.
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Insider Trade Summary
Net Seller: 1,690 shares
Net Sell
1 txn
Insider
Desmond Jeanmarie F.
Role
Director
Sold
1,690 shs ($178K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,690 | $105.58 | $178K |
Holdings After Transaction:
Common Stock — 10,486 shares (Direct)
Footnotes (1)
- F1. The reported transaction involves sale transactions ranging from $105.11 to $105.89 per share. The weighted average price per share was $105.58. 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.
Key Figures
Shares sold: 1,690 shares
Weighted average sale price: $105.58 per share
Sale price range: $105.11–$105.89 per share
+1 more
4 metrics
Shares sold
1,690 shares
Open-market sale of Common Stock
Weighted average sale price
$105.58 per share
Average price for reported sale transactions
Sale price range
$105.11–$105.89 per share
Range of prices across individual sale trades
Shares held after sale
10,486 shares
Direct ownership following the transaction
Key Terms
open-market sale, weighted average price per share, Common Stock
3 terms
open-market sale financial
"The transaction was an open-market sale of Common Stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"reported an open-market sale of 1,690 shares of Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did IPG Photonics (IPGP) director Jeanmarie F. Desmond report?
Director Jeanmarie F. Desmond reported selling 1,690 shares of IPG Photonics Common Stock. The transaction was an open-market sale, disclosed on Form 4, and reflects a change in Desmond’s directly held position in the company’s shares.
Was the IPG Photonics (IPGP) Form 4 transaction an open-market sale or another type?
The Form 4 identifies the transaction as an open-market sale of Common Stock. It uses transaction code “S,” described as a sale in an open market or private transaction, with pricing details provided in the accompanying footnote.