Beecher Gregory R 4
Research Summary
AI-generated summary
IPG Photonics Director Gregory R. Beecher Receives RSU Award
What Happened
Gregory R. Beecher, a director of IPG Photonics Corp. (IPGP), was granted 2,436 restricted stock units (RSUs) on May 12, 2026. The Form 4 reports an acquisition (code A) for 2,436 shares at $0.00 (typical reporting for equity awards; filing shows $0). This is an award of future shares rather than a purchase or sale of already-issued stock.
Key Details
- Transaction date: 2026-05-12; reported on Form 4 filed 2026-05-13.
- Reported price: $0.00 (award/grant).
- Shares granted: 2,436 RSUs.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: RSUs vest in full on the earlier of the first anniversary of the grant or the next annual stockholders’ meeting occurring at least 50 weeks after the prior meeting, subject to Beecher’s continued service as a director.
- Timeliness: Filing appears timely (reported the next day).
Context
RSUs are a compensation award that convert into common shares upon vesting (subject to service conditions); they are not an immediate cash sale or open-market purchase. Such grants are routine director compensation and do not by themselves indicate the director bought or sold shares in the market.