IPG Photonics CEO receives 19,887-share equity grant
IPG Photonics CEO Mark Milton Gitin reported an equity award of 19,887 shares of common stock in the form of restricted stock units.
Rhea-AI Filing Summary
IPG Photonics CEO Mark Milton Gitin reported an equity award of 19,887 shares of common stock in the form of restricted stock units. The award was granted on February 18, 2026 at a stated price of $0.00 per share as a grant, not an open-market purchase.
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. Following this grant, Gitin directly owned 99,476 shares of IPG Photonics common stock, which include 172 shares acquired under the company’s Employee Stock Purchase Plan on June 30, 2025 and 175 shares acquired under the plan on December 31, 2025.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,887 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. Includes 172 shares acquired under the IPG Photonics Employee Stock Purchase Plan on June 30, 2025 and 175 shares acquired under the IPG Photonics Employee Stock Purchase Plan on December 31, 2025.
FAQ
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What insider transaction did IPG Photonics (IPGP) CEO Mark Gitin report?
How do the new restricted stock units for IPGP’s CEO vest?
What role did IPG Photonics’ Employee Stock Purchase Plan play in the CEO’s holdings?
What transaction code was used in the IPG Photonics CEO Form 4?
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