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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 5,861 | $0.00 | -- |
| Exercise | Common Stock | 5,861 | $81.89 | $480K |
| Tax Withholding | Common Stock | 4,022 | $150.25 | $604K |
Footnotes (1)
- These stock options were exercised on a net share settlement basis. Represents the number of shares withheld by the Issuer to satisfy the aggregate (i) exercise price and (ii) withholding taxes related to such exercise. The stock option is fully vested and exercisable.
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.
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.