SCHERBAKOV EUGENE A 4

What Happened

• Eugene A. Scherbakov, a 10% owner of IPG Photonics (IPGP), sold a total of 2,700 shares in three open-market transactions on January 21, 2026. The trades were: 93 shares at $79.33 ($7,378); 1,204 shares at $80.37 ($96,765); and 1,403 shares at $81.57 ($114,443), for aggregate proceeds of approximately $218,586. These were sales (not purchases).

Key Details

• Transaction date: 2026-01-21 (all three tranches).
• Prices reported: weighted averages shown as $79.33, $80.37, and $81.57; per-footnote price ranges were $78.80–$79.76, $80.00–$80.83, and $81.07–$81.60 respectively (reporting person can provide breakdowns on request).
• Total shares sold: 2,700; total proceeds: ≈ $218,586.
• Ownership after the transactions: not disclosed in the provided excerpt of the filing.
• Footnotes: F1—sales were effected under a Rule 10b5‑1 trading plan adopted June 13, 2025; F2–F4—detail price ranges and weighted averages and note availability of per-price sale counts on request.
• Filing timeliness: period of report and filing date are both 2026-01-21—no late filing indicated in this excerpt.
• Transaction code: S (sale); method: open market or private sale.

Context

• These sales were made under a prearranged 10b5‑1 plan, which typically means the transactions were scheduled in advance and are often considered routine rather than an immediate signal of the insider’s view. As a 10% owner (a significant shareholder, not necessarily company management), these dispositions reflect share reduction under a plan rather than a discretionary, real-time trade. Purchases generally carry more weight as a bullish signal than routine sales.