IPG Photonics (IPGP) SVP Lopresti exercises options with net share settlement
Rhea-AI Filing Summary
IPG Photonics Corporation executive Angelo P. Lopresti, who serves as SVP, Secretary and General Counsel and is a 10% owner, reported an option-related share transaction. On 02/12/2026, he exercised an employee stock option for 5,861 shares of common stock at an exercise price of $81.89 per share.
The filing shows the option exercise was done on a net share settlement basis, with 4,022 shares of common stock withheld by the issuer at $150.25 per share to cover the exercise price and related withholding taxes. After these transactions, Lopresti directly owned 60,224 shares of IPG Photonics common stock.
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FAQ
What insider transaction did IPG Photonics (IPGP) report for Angelo P. Lopresti?
The filing shows Angelo P. Lopresti exercised employee stock options for 5,861 IPG Photonics shares. The exercise converted options into common stock on a net share basis, with some shares withheld to cover the exercise cost and associated tax obligations.
How many IPG Photonics (IPGP) shares did Angelo P. Lopresti receive from the option exercise?
Lopresti exercised options covering 5,861 shares of IPG Photonics common stock at an exercise price of $81.89 per share. This transaction reflects the conversion of previously granted employee stock options into directly held common shares.
Why were 4,022 IPG Photonics (IPGP) shares withheld in this Form 4 filing?
The Form 4 states that 4,022 shares were withheld by IPG Photonics at $150.25 per share. These withheld shares were used to satisfy the aggregate option exercise price and the related withholding tax obligations from the option exercise.
What is Angelo P. Lopresti’s share ownership in IPG Photonics (IPGP) after this transaction?
Following the reported transactions, Angelo P. Lopresti directly owned 60,224 shares of IPG Photonics common stock. This figure reflects the net result after exercising options and having shares withheld to cover the exercise price and taxes.
What do the transaction codes M and F mean in the IPG Photonics (IPGP) Form 4?
Code M indicates the exercise or conversion of a derivative security, here an employee stock option into common stock. Code F indicates shares were used to pay the exercise price or tax liability associated with that option exercise.
What role does Angelo P. Lopresti hold at IPG Photonics (IPGP)?
Angelo P. Lopresti is reported as an officer of IPG Photonics, serving as SVP, Secretary & General Counsel. The Form 4 also identifies him as a 10% owner of the company’s common stock.