IPG Photonics (IPGP) CEO awarded 19,887 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gitin Mark Milton
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,887 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 99,476 shares (Direct)
Footnotes (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. 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
What insider transaction did IPG Photonics (IPGP) CEO Mark Gitin report?
IPG Photonics CEO Mark Milton Gitin reported an award of 19,887 restricted stock units of common stock. The grant occurred on February 18, 2026 at a stated price of $0.00 per share and was classified as a grant, award, or other acquisition rather than a market trade.
How do the new restricted stock units for IPGP’s CEO vest?
The 19,887 restricted stock units granted to IPG Photonics CEO Mark Gitin vest over three years. They vest in installments of 33%, 33% and 34% on March 1, 2027, March 1, 2028 and March 1, 2029, aligning the award with multi-year service and performance.
What role did IPG Photonics’ Employee Stock Purchase Plan play in the CEO’s holdings?
CEO Mark Gitin’s reported holdings include 172 shares acquired under the IPG Photonics Employee Stock Purchase Plan on June 30, 2025 and 175 shares acquired under the plan on December 31, 2025. These plan purchases are part of his total 99,476 directly owned shares after the grant.
What transaction code was used in the IPG Photonics CEO Form 4?
The transaction in CEO Mark Gitin’s Form 4 used code “A,” indicating a grant, award, or other acquisition of securities. This code confirms the 19,887-share award was an equity compensation grant, not a discretionary market purchase or sale of IPG Photonics common stock.