Gitin Mark Milton 4
4 · IPG PHOTONICS CORP · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
IPG Photonics CEO Mark Gitin Receives RSU Award
What Happened
- Mark Gitin (CEO and Director) was granted 19,887 restricted stock units (RSUs) on February 18, 2026. The award is reported as an acquisition at $0.00 per share (no immediate cash paid or proceeds recorded).
- This is an executive equity award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-18 — 19,887 RSUs @ $0.00 (immediate reported value $0).
- Vesting: Per footnote F1, the RSUs vest in three annual installments of 33% (Mar 1, 2027), 33% (Mar 1, 2028) and 34% (Mar 1, 2029).
- Other footnote (F2): Notes prior employee stock purchase plan purchases of 172 shares (6/30/2025) and 175 shares (12/31/2025).
- Shares owned after transaction: not specified in the supplied summary.
- Filing: Report filed 2026-02-20 for a 2026-02-18 transaction — appears to be within the standard Form 4 filing window (timely).
Context
- RSUs are a grant that convert to actual shares as they vest; they do not represent immediate cash or an open-market buy/sell. Such awards are common for executive compensation and are not, by themselves, a direct signal of buying or selling intent.
Insider Transaction Report
Form 4
Gitin Mark Milton
DirectorCEO
Transactions
- Award
Common Stock
[F1][F2]2026-02-18+19,887→ 99,476 total
Footnotes (2)
- [F1]Grant of restricted stock units vesting in three annual installments of 33%, 33% and 34% on March 1, 2027, March 1, 2028 and March 1, 2029, respectively.
- [F2]Includes 172 shares acquired under the IPG Photonics Employee Stock Purchase Plan on June 30, 2025 and 175 shares acquired under the IPG Photonics Employee Stock Purchase Plan on December 31, 2025.
Signature
/s/ Adam N. King, Attorney-in-Fact|2026-02-20