IPG Photonics director granted 2,436 RSUs
KENNEDY KOLLEEN T reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,436 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted stock units vesting 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 the Reporting Person's continued services as a director of the Issuer through the vesting date.
Key Figures
Key Terms
restricted stock units financial
grant date financial
annual stockholders' meeting financial
continued services as a director financial
FAQ
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What insider transaction did IPG Photonics (IPGP) director Kolleen T. Kennedy report?
What are the vesting terms of Kolleen T. Kennedy’s new IPG Photonics restricted stock units?
Was Kolleen T. Kennedy’s IPG Photonics transaction a market purchase or a compensation grant?
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