IPG Photonics CEO reports tax share disposition
IPG Photonics CEO Mark Milton Gitin reported a Form 4 transaction involving company Common Stock.
Rhea-AI Filing Summary
IPG Photonics CEO Mark Milton Gitin reported a Form 4 transaction involving company Common Stock. On March 1, 2026, 7,603 shares were disposed of at a price of $131.57 per share to satisfy tax withholding obligations on vested restricted stock units, rather than through an open-market sale. After this tax-withholding disposition, he directly owned 91,873 shares of IPG Photonics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 7,603 shares
Exercise Price or Tax Liability
1 txn
Insider
Gitin Mark Milton
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,603 | $131.57 | $1.00M |
Holdings After Transaction:
Common Stock — 91,873 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to cover taxes for restricted stock units which have vested.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IPG PHOTONICS CORP (IPGP) report on this Form 4?
IPG Photonics reported that CEO Mark Milton Gitin disposed of 7,603 shares of common stock. The shares were withheld at $131.57 each to cover taxes due on vested restricted stock units, rather than sold in the open market.
What does transaction code F mean in the IPGP CEO’s Form 4 filing?
Transaction code F in the Form 4 indicates payment of a tax liability or exercise price by delivering securities. For IPG Photonics, it reflects shares withheld to cover taxes due when the CEO’s restricted stock units vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.