Samartsev Igor 4

What Happened
Igor Samartsev, SVP and Chief Scientist at IPG Photonics (IPGP), was granted 2,436 restricted stock units (reported as an award) on May 12, 2026. The award was reported at $0.00 per share (grant of RSUs rather than a cash purchase or sale). This is a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-12; Filing date: 2026-05-13 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 2,436 RSUs; reported price $0.00 (total reported cash = $0).
• Shares owned after transaction: not specified in the filing.
• Footnote F1: RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting that occurs at least 50 weeks after the prior year's meeting, subject to the Reporting Person’s continued services as a director.
• Footnote F2: Ms. Pavlova, a director, is an indirect beneficial owner of these shares as the spouse of Dr. Samartsev.

Context
This is a typical equity compensation award meant to retain and incentivize executives; it does not reflect an open-market buy or sale. Vesting conditions mean the units are contingent on continued service and timing of the company’s next qualifying annual meeting. The spouse’s indirect beneficial ownership is disclosed per related-party rules.