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IPG Photonics (NASDAQ: IPGP) CEO records RSU tax share disposition

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

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.

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SEC Form 4
FORM 4 UNITED 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 MA 01752

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IPG PHOTONICS CORP [ IPGP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 F 7,603(1) D $131.57 91,873 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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-Fact 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

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.

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 by the company to cover tax obligations arising from vested restricted stock units, a common administrative mechanism for equity compensation.

How many IPG Photonics shares did the CEO dispose of for taxes, and at what price?

The CEO disposed of 7,603 IPG Photonics common shares to cover taxes on vested restricted stock units. The transaction used a price of $131.57 per share, as reported in the Form 4 insider filing with the SEC.

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

Following the tax-withholding disposition, the CEO directly holds 91,873 shares of IPG Photonics common stock. This post-transaction balance is reported in the Form 4 as the total number of shares owned after the transaction.

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.

What is the nature of the CEO’s ownership in the reported IPGP shares?

The Form 4 classifies the CEO’s ownership as direct, using ownership code D. After the tax-withholding transaction, he directly holds 91,873 shares of IPG Photonics common stock, showing his continuing equity stake in the company.
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