IPG Photonics (IPGP) CEO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
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.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Shares withheld for taxes: 4,641 shares
Withholding price per share: $107.37 per share
Shares held after transaction: 87,232 shares
3 metrics
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
Key Terms
restricted stock units, tax-withholding disposition, Form 4, Common Stock
4 terms
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.
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.
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.