SEC FILLINGS DISCLOSED/ Mar 25, $IPG Photonics (IPGP.US)$ Insider Valentin Gapontsev Trust I intends to sell 19,000 shares of its common stock on Mar 25, with a total market value of approximately $825K.
Valentin Gapontsev Trust I has reduced shareholding in $IPG Photonics (IPGP.US)$ by 67,750 shares since Sep 8, 2023, with a total value of approximately $6.43 million.
What is Form 144?
Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). Individuals such as executive officers and affiliates of a US-listed company must submit this form to the SEC when they intend to sell more than 5,000 shares or units of that company's stock, or if the sale price adds up to more than $50,000 in any three-month period. This regulation is known as Rule 144, under the Securities Act of 1933.