STOCK TITAN

IPG Photonics (IPGP) CEO has shares withheld to cover RSU tax bill

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

IPG Photonics CEO Mark Milton Gitin reported a routine tax-related share disposition. On the Form 4, 4,641 shares of common stock were withheld at $107.37 per share to cover taxes on vested restricted stock units. After this withholding, he directly holds 87,232 shares of IPG Photonics common stock.

Positive

  • None.

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Insider Gitin Mark Milton
Role CEO
Type Security Shares Price Value
Tax Withholding Common Stock 4,641 $107.37 $498K
Holdings After Transaction: Common Stock — 87,232 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 4,641 shares Tax-withholding disposition for vested restricted stock units on common stock
Withholding price per share $107.37 per share Price used for shares withheld to cover tax liability
Shares held after transaction 87,232 shares Direct common stock holdings following tax-withholding disposition
restricted stock units financial
"Represents shares withheld to cover taxes for restricted stock units which have vested"
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for the vested restricted stock units"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) shows the CEO’s tax-related transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: Common Stock in the reported insider transaction"
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.
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SEC Form 4
FORM 4UNITED 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).
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*
Gitin Mark Milton

(Last)(First)(Middle)
C/O IPG PHOTONICS CORPORATION
377 SIMARANO DRIVE

(Street)
MARLBOROUGH MASSACHUSETTS 01752

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
IPG PHOTONICS CORP [ IPGP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/05/2026F4,641(1)D$107.3787,232D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to cover taxes for restricted stock units which have vested.
Remarks:
/s/ Adam N. King, Attorney-in-Fact06/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did IPG PHOTONICS (IPGP) CEO report on this Form 4?

The CEO reported a tax-withholding disposition of 4,641 IPG Photonics common shares. These shares were withheld by the company to cover taxes due when restricted stock units vested, rather than being sold on the open market.

Was the IPGP CEO’s Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld at $107.37 each to satisfy tax obligations from vested restricted stock units, which is a routine administrative event tied to compensation.

How many IPG PHOTONICS (IPGP) shares were withheld for taxes in this filing?

The filing reports 4,641 common shares withheld to cover taxes on vested restricted stock units. This reduced the CEO’s reported direct position but did not involve selling shares into the market or initiating a discretionary trade.

How many IPG PHOTONICS (IPGP) shares does the CEO hold after this Form 4 event?

After the tax-withholding disposition, the CEO directly holds 87,232 shares of IPG Photonics common stock. This figure reflects his remaining equity position following the routine withholding tied to restricted stock unit vesting.

What does transaction code “F” mean in the IPGP CEO’s Form 4 filing?

Code “F” indicates a disposition of shares to pay taxes or exercise costs. Here, it shows shares were withheld to cover tax liabilities arising from vested restricted stock units, rather than a voluntary purchase or sale on the open market.