Executive Angelo Lopresti awarded 4,465 IPG Photonics (IPGP) shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IPG Photonics Corp reported that senior vice president, secretary and general counsel Angelo P. Lopresti acquired 4,465 shares of common stock through a grant described as restricted stock units. The award was made at a stated price of $0.00 per share and increases his directly held stake to 64,689 shares.
According to the grant terms, these restricted stock units vest in three annual installments of 33%, 33% and 34% on March 1, 2027, March 1, 2028 and March 1, 2029. This structure ties a portion of the executive’s compensation to future service and the company’s long‑term performance period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lopresti Angelo P
Role
SVP, Secretary & Gen Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,465 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 64,689 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did IPG Photonics (IPGP) report for Angelo P. Lopresti?
IPG Photonics reported that Angelo P. Lopresti received a grant of 4,465 restricted stock units tied to common stock. The award was recorded at $0.00 per share and is structured to vest over three annual installments beginning in 2027.
What are the vesting terms of Angelo P. Lopresti’s restricted stock units at IPG Photonics (IPGP)?
The restricted stock units vest in three annual installments: 33% on March 1, 2027, 33% on March 1, 2028, and 34% on March 1, 2029. This schedule spreads the benefit of the award over a three‑year period.
What role does Angelo P. Lopresti hold at IPG Photonics (IPGP) in this Form 4 filing?
In the filing, Angelo P. Lopresti is identified as senior vice president, secretary and general counsel and also as a ten percent owner. The reported equity grant relates to his position as an officer and key executive at the company.