Key facts
- This page summarizes Eugene A. Scherbakov's Form 4 filing for IPG PHOTONICS CORP (IPGP).
- 5 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Feb 2024, 16:30.
Eugene A. Scherbakov - 16 Feb 2024 Form 4 Insider Report for IPG PHOTONICS CORP (IPGP)
- Reporting relationship
- CEO, Director, 10%+ Owner
- Issuer ticker
- IPGP
- Reported as of
- 16 Feb 2024
- Net transaction value
- -$56,067
- SEC form
- 4
- Accepted by SEC
- 21 Feb 2024, 16:30:33 UTC
- Prior SEC filing
- 20 Feb 2024
- Next SEC filing
- 05 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Adam N. King, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Eugene A. Scherbakov filed Form 4 for IPG PHOTONICS CORP (IPGP) on 21 Feb 2024.
Change
- Previous filing in this sequence was filed on 20 Feb 2024.
- Current net transaction value: -$56,067.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IPGP
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +28,877
- Change %
- +41%
- Price
- $0.000000
- Shares after
- 98,638
- Date
- 16 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
IPGP
transaction
Common Stock
Options Exercise
- Transaction value
- $287,080
- Shares
- +4,000
- Change %
- +4.1%
- Price
- $71.77
- Shares after
- 102,638
- Date
- 20 Feb 2024
- Ownership
- Direct
IPGP
transaction
Common Stock
Sale
- Transaction value
- $288,448
- Shares
- -3,365
- Change %
- -3.3%
- Price
- $85.72
- Shares after
- 99,273
- Date
- 20 Feb 2024
- Ownership
- Direct
- Footnotes
- F2, F3
IPGP
transaction
Common Stock
Sale
- Transaction value
- $54,699
- Shares
- -635
- Change %
- -0.64%
- Price
- $86.14
- Shares after
- 98,638
- Date
- 20 Feb 2024
- Ownership
- Direct
- Footnotes
- F2, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
IPGP
transaction
Derivative
Employee Stock Options (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -4,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 20 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,000
- Exercise price
- $71.77
- Footnotes
- F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 5 footnotes
Footnote F1
Restricted stock units vesting in three annual installments of 33%, 33% and 34% on March 1, 2025, March 1, 2026 and March 1, 2027, respectively.
Footnote F2
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 10, 2023.
Footnote F3
The reported transaction involves sale transactions ranging from $85.07 to $86.06 per share. The weighted average price per share was $85.72. 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.
Footnote F4
The reported transaction involves sale transactions ranging from $86.07 to $86.23 per share. The weighted average price per share was $86.14. 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.
Footnote F5
Grant of stock options vesting in one installment on March 1, 2018.