Gitin Mark Milton 4

What Happened

• Mark Milton Gitin, CEO and Director of IPG Photonics (IPGP), had 4,641 shares withheld to cover taxes on vested restricted stock units (RSUs). The withholding was recorded as a disposition at $107.37 per share, totaling about $498,304.
• This is a tax-withholding event (routine) tied to RSU vesting, not an open-market sale or purchase that reflects a directional investment decision.

Key Details

• Transaction date and price: 2026-06-05, 4,641 shares withheld at $107.37 per share (total ~$498,304).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — Represents shares withheld to cover taxes for restricted stock units which have vested.
• Filing: Form 4 filed 2026-06-08. This appears to be within the normal reporting window for a weekend-intervening transaction (i.e., timely).

Context

• Tax-withholding (code F) means company shares were retained to satisfy tax obligations on vested RSUs; this is administrative and does not necessarily indicate buying or selling intent.
• For retail investors, withholdings on vesting are common and generally not treated the same as open-market insider sales when assessing insider sentiment.