IPG Photonics (IPGP) director gets 2,436-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dougherty Greg reported acquisition or exercise transactions in this Form 4 filing.
IPG Photonics director Greg Dougherty received a grant of 2,436 shares of Common Stock as equity compensation. The shares were awarded at a price of $0.00 per share and increase his direct holdings to 18,334 shares.
The award is structured as restricted stock units that vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders' meeting that occurs at least 50 weeks after the prior year's meeting, provided he continues to serve as a director through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dougherty Greg
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,436 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,334 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 2,436 shares
Grant price: $0.00 per share
Holdings after grant: 18,334 shares
+1 more
4 metrics
Equity grant size
2,436 shares
Restricted stock unit award to director
Grant price
$0.00 per share
Equity compensation, not open-market purchase
Holdings after grant
18,334 shares
Director’s direct ownership following transaction
Vesting timing threshold
50 weeks
Next annual meeting must occur at least 50 weeks after prior year’s
Key Terms
restricted stock units, vesting, annual stockholders' meeting
3 terms
restricted stock units financial
"Grant of restricted stock units vesting in full on the earlier of the first anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"units vesting in full on the earlier of the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual stockholders' meeting financial
"the next annual stockholders' meeting that occurs at least 50 weeks after the prior year's meeting"
FAQ
What did IPG Photonics (IPGP) director Greg Dougherty report in this Form 4?
Greg Dougherty reported receiving 2,436 shares of IPG Photonics Common Stock as an equity grant. The award is a compensation-related grant, not an open-market purchase, and increases his direct holdings to 18,334 shares following the transaction on the reported grant date.
Is Greg Dougherty’s IPGP transaction a buy or a compensation grant?
The transaction is a compensation grant of restricted stock units, coded as an acquisition (A), not an open-market buy. Dougherty received 2,436 shares at a price of $0.00 per share as part of his service as a director.
What are the vesting terms of Greg Dougherty’s new IPGP restricted stock units?
The restricted stock units vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders' meeting occurring at least 50 weeks after the prior year's meeting, contingent on Dougherty’s continued service as a director through the vesting date.