| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IPGP | Common Stock | Sale | -$555K | -6.48K | -0.09% | $85.74 | 7.2M | 23 Apr 2024 | Direct | F1, F2 |
| transaction | IPGP | Common Stock | Sale | -$218K | -2.53K | -0.04% | $86.17 | 7.2M | 23 Apr 2024 | Direct | F1, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 16, 2023. |
| F2 | The reported transaction involves sale transactions ranging from $85.03 to $86.02 per share. The weighted average price per share was $85.74. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price. |
| F3 | The reported transaction involves sale transactions ranging from $86.03 to $86.55 per share. The weighted average price per share was $86.17. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, information regarding the number of shares sold at each separate price. |