Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IPGP | Common Stock | Sale | -$79.1K | -688 | -0.01% | $114.91 | 7.37M | Apr 10, 2023 | Direct | F1, F2 |
transaction | IPGP | Common Stock | Sale | -$876K | -7.56K | -0.1% | $115.85 | 7.36M | Apr 10, 2023 | Direct | F1, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
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).
Id | Content |
---|---|
F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2022. |
F2 | The reported transaction involves sale transactions ranging from $114.39 to $115.38 per share. The weighted average price per share was $114.91. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price. |
F3 | The reported transaction involves sale transactions ranging from $115.39 to $116.33 per share. The weighted average price per share was $115.85. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price. |