IPG Photonics (NASDAQ: IPGP) director logs programmed share sale
Rhea-AI Filing Summary
IPG Photonics Corporation director and 10% owner Eugene A. Scherbakov reported selling a total of 2,700 shares of common stock on January 21, 2026. The sales were made in three separate transactions: 93 shares at a weighted average price of $79.33 per share, 1,204 shares at a weighted average price of $80.37 per share, and 1,403 shares at a weighted average price of $81.57 per share. Each price represents the weighted average of multiple trades within disclosed ranges.
The filing states that these sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 13, 2025, which is designed to allow insiders to sell shares according to a preset schedule. Following the transactions, Scherbakov directly holds 59,330 shares of IPG Photonics common stock.
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FAQ
Who is the reporting insider in IPGP's latest Form 4 filing?
The reporting insider is Eugene A. Scherbakov, who is listed as a director and 10% owner of IPG Photonics Corporation (IPGP).
How many IPG Photonics (IPGP) shares did Eugene Scherbakov sell?
Eugene Scherbakov sold a total of 2,700 shares of IPG Photonics common stock on January 21, 2026, in three separate transactions of 93, 1,204, and 1,403 shares.
At what prices were the IPGP shares sold in this Form 4?
The reported sales were at weighted average prices of $79.33, $80.37, and $81.57 per share, each representing multiple trades within specified price ranges disclosed in the footnotes.
Was the IPG Photonics insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states that the sales were effected under a Rule 10b5-1 trading plan adopted by Eugene Scherbakov on June 13, 2025, providing a preset schedule for transactions.
How many IPGP shares does Eugene Scherbakov own after the reported transactions?
After the reported sales, Eugene Scherbakov directly owns 59,330 shares of IPG Photonics common stock.
What security is involved in Eugene Scherbakov's Form 4 for IPG Photonics?
The transactions disclosed in the Form 4 involve IPG Photonics Corporation common stock, reported as non-derivative equity securities.