IPG Photonics (NASDAQ: IPGP) director granted 2,436 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PEELER JOHN R reported acquisition or exercise transactions in this Form 4 filing.
IPG Photonics Corp director equity award: Director John R. Peeler received 2,436 shares of common stock as a grant of restricted stock units at a stated price of $0.00 per share. Following this award, he directly holds 18,176 shares of common stock.
The restricted stock units vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders' meeting that occurs at least 50 weeks after the prior year's meeting, as long as he continues to serve as a director through the vesting date. This is a compensation-related equity grant rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PEELER JOHN R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,436 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,176 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 2,436 shares
Grant price: $0.00 per share
Shares held after grant: 18,176 shares
3 metrics
RSUs granted
2,436 shares
Restricted stock unit grant to director John R. Peeler
Grant price
$0.00 per share
Stated transaction price for the RSU grant
Shares held after grant
18,176 shares
Total common stock directly held after the award
Key Terms
restricted stock units, vesting, annual stockholders' meeting
3 terms
restricted stock units financial
"Grant of restricted stock units vesting in full on the earlier of the first anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"restricted stock units vesting in full on the earlier of the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual stockholders' meeting financial
"or the next annual stockholders' meeting that occurs at least 50 weeks after"
FAQ
What did IPGP director John R. Peeler report in this Form 4?
He reported receiving 2,436 shares of IPG Photonics common stock as a grant of restricted stock units at a stated price of $0.00 per share, increasing his direct holdings to 18,176 shares after the award.
Is the IPGP Form 4 transaction a market purchase or a grant?
The transaction is a grant of restricted stock units, not an open‑market purchase. The Form 4 describes it as a grant, award, or other acquisition of 2,436 shares at a reported price of $0.00 per share.
When do the IPGP restricted stock units granted to John R. Peeler vest?
They vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders' meeting held at least 50 weeks after the prior year's meeting, subject to his continued service as a director through that vesting date.
What conditions are attached to John R. Peeler’s IPGP equity award?
The award’s restricted stock units vest only if he continues serving as a director through the vesting date, defined as the earlier of the first grant anniversary or the next annual stockholders’ meeting occurring at least 50 weeks after the previous meeting.