Alexander Ovtchinnikov - 12 Jul 2023 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)

Signature
/s/ Angelo Lopresti, Attorney-in-fact
Issuer symbol
IPGP
Transactions as of
12 Jul 2023
Net transactions value
-$270,760
Form type
4
Filing time
14 Jul 2023, 16:40:37 UTC
Previous filing
22 Jun 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPGP Common Stock Sale $270,760 -1,934 -2.9% $140.00 63,995 12 Jul 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

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 March 15, 2023.