| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IPGP | Common Stock | Sale | -$47.3K | -498 | -10.68% | $95.08 | 4.17K | Dec 1, 2023 | Direct | F1, F2 |
| transaction | IPGP | Common Stock | Sale | -$38.6K | -402 | -9.65% | $95.95 | 3.76K | Dec 1, 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 sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2023. |
| F2 | The reported transaction involves sale transactions ranging from $94.60 to $95.56 per share. The weighted average price per share was $95.08. 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 $95.70 to $96.24 per share. The weighted average price per share was $95.95. 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. |