Director Kolleen Kennedy receives 2,436-share RSU award at IPG Photonics (IPGP)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KENNEDY KOLLEEN T reported acquisition or exercise transactions in this Form 4 filing.
IPG Photonics director Kolleen T. Kennedy received a grant of 2,436 shares of common stock as a restricted stock unit award. The grant price is shown as $0.00 per share, indicating it is compensation rather than an open-market purchase. After this award, Kennedy directly holds 11,513 common shares.
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, subject to her continued service as a director through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KENNEDY KOLLEEN T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,436 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,513 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,436 shares
Grant price per share: $0.00 per share
Shares held after transaction: 11,513 shares
+2 more
5 metrics
RSU grant size
2,436 shares
Restricted stock unit grant of common stock to director
Grant price per share
$0.00 per share
Compensation award, not open-market purchase
Shares held after transaction
11,513 shares
Director’s direct common stock holdings following grant
Vesting trigger
Earlier of 1-year anniversary or next qualifying meeting
Vests with continued service as director
Transaction date
2026-05-12
Date of reported RSU grant
Key Terms
restricted stock units, grant date, annual stockholders' meeting, continued services as a director
4 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.
grant date financial
"vesting in full on the earlier of the first anniversary of the grant date or the next annual stockholders' meeting"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
annual stockholders' meeting financial
"the next annual stockholders' meeting that occurs at least 50 weeks after the prior year's meeting"
continued services as a director financial
"subject to the Reporting Person's continued services as a director of the Issuer through the vesting date"
FAQ
What insider transaction did IPG Photonics (IPGP) director Kolleen T. Kennedy report?
Kolleen T. Kennedy reported acquiring 2,436 shares of IPG Photonics common stock through a restricted stock unit grant. The award is compensation-based with a stated price of $0.00 per share rather than an open-market purchase, and increases her direct holdings.
What are the vesting terms of Kolleen T. Kennedy’s new IPG Photonics restricted stock units?
The restricted stock units vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting occurring at least 50 weeks after the prior year’s meeting. Vesting is conditioned on Kennedy’s continued service as a director through the vesting date.
Was Kolleen T. Kennedy’s IPG Photonics transaction a market purchase or a compensation grant?
The transaction is a compensation-related grant, not a market purchase. Kennedy received 2,436 shares of common stock as a restricted stock unit award at a reported price of $0.00 per share, classified as a grant or award acquisition under transaction code A.