| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IPGP | Common Stock | Sale | -$451K | -4.93K | -0.07% | $91.43 | 7.26M | Oct 24, 2023 | Direct | F1, F2 |
| transaction | IPGP | Common Stock | Sale | -$306K | -3.32K | -0.05% | $92.20 | 7.25M | Oct 24, 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 $90.91 to $91.90 per share. The weighted average price per share was $91.43. 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 $91.91 to $92.44 per share. The weighted average price per share was $92.20. 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. |