Form 4: IPG Photonics Executives Report Changes in Beneficial Ownership

Igor Samartsev, SVP and Chief Scientist at IPG Photonics, and Natalia Pavlova, a director, report changes in their beneficial ownership of company stock, including the grant of restricted stock units.

Summary

• Igor Samartsev, SVP and Chief Scientist of IPG Photonics, reported changes in his beneficial ownership of the company's stock on February 14, 2025.
• The reported transactions include the acquisition of 3,672 shares of common stock through a grant of restricted stock units at a price of $0.
• These restricted stock units vest in three annual installments: 33% on March 1, 2026, 33% on March 1, 2027, and 34% on March 1, 2028.
• Following the reported transactions, Mr. Samartsev directly owns 274,598 shares of common stock.
• Additionally, Mr. Samartsev indirectly owns shares through his wife (109,506 shares), his wife's mother (10,000 shares), and various trusts (ranging from 1,200 to 215,977 shares).
• Natalia Pavlova, a director of IPG Photonics and spouse of Dr. Samartsev, is an indirect beneficial owner of shares held by Dr. Samartsev.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The grant of restricted stock units to a key executive aligns their interests with the long-term performance of the company.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the ownership positions of key executives and directors.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the ownership of company stock by key executives and directors.

Key Dates