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IPG Photonics (IPGP) CRO Trevor Ness granted 4,621 restricted stock units

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

Rhea-AI Filing Summary

Ness Trevor reported acquisition or exercise transactions in this Form 4 filing.

IPG Photonics senior vice president and chief revenue officer Trevor Ness received an equity award in the form of restricted stock units tied to common stock. The grant covers 4,621 shares at no purchase price and increases his directly owned common stock to 41,827 shares.

The restricted stock units vest in three annual installments of 33%, 33% and 34% on March 1, 2027, March 1, 2028 and March 1, 2029, aligning his compensation with longer-term company performance.

Positive

  • None.

Negative

  • None.
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*
Ness Trevor

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
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 02/18/2026 A 4,621 A $0(1) 41,827 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. Grant of restricted stock units vesting in three annual installments of 33%, 33% and 34% on March 1, 2027, March 1, 2028 and March 1, 2029, respectively.
Remarks:
/s/ Adam N. King, Attorney-in-Fact 02/20/2026
** 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 (IPGP) report for Trevor Ness?

IPG Photonics reported that SVP and Chief Revenue Officer Trevor Ness received a grant of 4,621 restricted stock units of common stock. These units were awarded at no purchase price and represent an additional equity-based component of his compensation package.

How many IPG Photonics (IPGP) shares did Trevor Ness hold after the grant?

After the restricted stock unit grant, Trevor Ness beneficially owned 41,827 shares of IPG Photonics common stock directly. This total reflects his holdings following the award of 4,621 additional units reported in the latest insider transaction filing.

What type of equity award did Trevor Ness receive from IPG Photonics (IPGP)?

Trevor Ness received a grant of restricted stock units linked to IPG Photonics common stock. The transaction is classified as a grant, award, or other acquisition rather than an open-market stock purchase, and carries a reported price per share of $0.0000.

When do Trevor Ness’s IPG Photonics (IPGP) restricted stock units vest?

The granted restricted stock units vest in three annual installments. They vest 33% on March 1, 2027, another 33% on March 1, 2028, and the remaining 34% on March 1, 2029, according to the footnote disclosure in the insider filing.

Was the IPG Photonics (IPGP) insider transaction a stock purchase or a grant?

The transaction was a grant or award acquisition of restricted stock units, not an open-market purchase. The filing lists transaction code “A” and a price per share of $0.0000, indicating the shares were awarded as compensation rather than bought for cash.

What role does Trevor Ness hold at IPG Photonics (IPGP) in this Form 4 filing?

In this Form 4, Trevor Ness is identified as an officer of IPG Photonics, serving as Senior Vice President and Chief Revenue Officer. The reported equity grant aligns his compensation with company performance through additional ownership in common stock.
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