=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-01-21
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: IPG PHOTONICS CORP (IPGP)
CIK: 0001111928
--- Reporting Owner ---
Name: SCHERBAKOV EUGENE A
CIK: 0001378544
Role: Director, 10%+ Owner
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-01-21 | Code: S (Open market sale)
Shares: -93 | Price: $79.33
Total Value: $7,377.69
Shares Owned After: 61,937 | Ownership: D (Direct)
Footnotes:
[F2] The reported transaction involves sale transactions ranging from $78.80 to $79.76 per share. The weighted average price per share was $79.33. 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.
[F1] The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025.
[Transaction #2]
Security: Common Stock
Date: 2026-01-21 | Code: S (Open market sale)
Shares: -1,204 | Price: $80.37
Total Value: $96,765.48
Shares Owned After: 60,733 | Ownership: D (Direct)
Footnotes:
[F3] The reported transaction involves sale transactions ranging from $80.00 to $80.83 per share. The weighted average price per share was $80.37. 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.
[F1] The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025.
[Transaction #3]
Security: Common Stock
Date: 2026-01-21 | Code: S (Open market sale)
Shares: -1,403 | Price: $81.57
Total Value: $114,442.71
Shares Owned After: 59,330 | Ownership: D (Direct)
Footnotes:
[F4] The reported transaction involves sale transactions ranging from $81.07 to $81.60 per share. The weighted average price per share was $81.57. 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.
[F1] The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025.
--- Footnotes (Complete Index) ---
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025.
F2: The reported transaction involves sale transactions ranging from $78.80 to $79.76 per share. The weighted average price per share was $79.33. 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 $80.00 to $80.83 per share. The weighted average price per share was $80.37. 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.
F4: The reported transaction involves sale transactions ranging from $81.07 to $81.60 per share. The weighted average price per share was $81.57. 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.
--- Signature ---
/s/ /s/ Adam N. King, Attorney-in-Fact (2026-01-21)
