Samartsev Igor 4

What Happened

• Igor Samartsev, SVP and Chief Scientist at IPG Photonics (IPGP), received a grant of 1,688 restricted stock units (reported as an acquisition, code "A") on February 18, 2026. The Form 4 shows an acquisition price of $0 for the award; the filing does not report a cash value on the form itself.
• This was an awards/grant transaction (not a market purchase or sale), so it is a compensation-related issuance rather than a personal buy/sell that signals immediate market sentiment.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (filed within the typical 2-business-day window).
• Shares acquired: 1,688 RSUs; reported acquisition price: $0 (code A — award/grant).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1: RSUs vest in three annual installments — 33% on Mar 1, 2027; 33% on Mar 1, 2028; 34% on Mar 1, 2029.
  • F2: Ms. Pavlova (a company director) is an indirect beneficial owner of these shares as the spouse of Dr. Samartsev.
• No indication in the filing of a 10b5-1 plan, tax-withholding share forfeiture, or late filing.

Context

• RSU grants are compensation awards that vest over time; they are routine for executive and senior technical staff and do not necessarily indicate a near-term personal market view (unlike open-market purchases or sales).
• The filing reports the grant; once vested, those RSUs will convert to shares (subject to company terms and any tax withholding).