Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-10-09

IPG PHOTONICS CORP (IPGP)

CEO Mark Gitin was paid $9,071,490 in fiscal year 2025, ↑ up 35.4% from fiscal year 2024, the 56th percentile of its disclosed peer group (SEC filing 0001111928-26-000085 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$9,071,490 ↑
Mark Gitin total, FY2025
56th
CEO pay percentile vs peers
162:1
CEO-to-median pay ratio
71.65%
Say-on-pay support, latest vote

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- Mark Gitin (Chief Executive Officer), FY2025 total compensation $9,071,490 (base salary $879,423) [exec_comp, SEC accession 0001111928-26-000085, filed 2026-04-01]

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IPGP's next annual pay disclosure, estimated March 26, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Mark Gitin$879,423$0$6,999,990$0$1,159,600$0$32,477$9,071,490
Chief Executive Officer
Timothy Mammen559,41901,999,9240472,700011,5643,043,607
Chief Financial Officer and Senior Vice President
Trevor Ness520,26901,677,7000440,100010,3502,648,419
Senior Vice President, Chief Revenue Officer
Angelo Lopresti504,17301,635,0080425,000010,5002,574,681
Senior Vice President, General Counsel and Secretary
Paulus Bucher226,5900629,9260325,288001,181,804
Senior Vice President, Global Operations

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Mark Gitin$9,071,490$6,700,825—↑ +2,370,665
Timothy Mammen3,043,6073,075,6892,268,899↓ −32,082
Trevor Ness2,648,4192,678,2461,891,412↓ −29,827
Angelo Lopresti2,574,6812,607,6561,928,106↓ −32,975
Paulus Bucher1,181,804———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$9,071,490 Mark Gitin total, FY2025

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Data as of October 9, 2026 · Source: 0001111928-26-000085 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Angelo LoprestiGeneral Counsel$2,574,681
Paulus BucherSVP$1,181,804
Mark GitinCEO$9,071,490
Timothy MammenCFO$3,043,607
Trevor NessExecutive$2,648,419
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Agnes TangIndependent Director$302,436
Eric MeuriceIndependent Director$309,744
Gregory BeecherIndependent Director$309,936
Gregory DoughertyIndependent Director$324,936
Jeanmarie DesmondIndependent Director$324,936
John PeelerChair of the Board$381,603
Kolleen KennedyIndependent Director$304,103
Michael ChildIndependent Director$12,018
Natalia PavlovaDirector$291,811
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Tang AgnesDirector2026-05-12A2,436$0$0CommonForm 4 ↗
John PeelerDirector2026-05-12A2,43600CommonForm 4 ↗
Kolleen KennedyDirector2026-05-12A2,43600CommonForm 4 ↗
Igor SamartsevSVP, Chief Scientist2026-05-12A2,43600CommonForm 4 ↗
Gregory BeecherDirector2026-05-12A2,43600CommonForm 4 ↗
Jeanmarie DesmondDirector2026-05-12A2,43600CommonForm 4 ↗
Gregory DoughertyDirector2026-05-12A2,43600CommonForm 4 ↗
Eric MeuriceDirector2026-05-12A2,43600CommonForm 4 ↗
Jeanmarie DesmondDirector2026-05-14D1,690106178,430CommonForm 4 ↗
Timothy MammenSVP, Chief Financial Officer2026-05-22D7,263120868,655CommonForm 4 ↗
Timothy MammenSVP, Chief Financial Officer2026-05-22D2,712120326,443CommonForm 4 ↗
Mark GitinDirector2026-06-05D4,641107498,304CommonForm 4 ↗
Tang AgnesDirector2026-06-22D53611863,291CommonForm 4 ↗
Tang AgnesDirector2026-06-22D20011923,864CommonForm 4 ↗
Tang AgnesDirector2026-06-22D77511790,923CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-06-29D1105105CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-06-29D10010310,292CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-06-29D25010125,310CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-06-29D97310097,718CommonForm 4 ↗
Angelo LoprestiSVP, Secretary & Gen Counsel2026-06-29D1,000110110,330CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-06-29D11,3251061,204,980CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-06-29D2,684105282,813CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-06-29D16,4061041,711,638CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-06-29D13,3041031,371,376CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-06-29D17,7351021,810,566CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-06-29D1,841100184,450CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-06-29D20010721,332CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-06-29D2,405101243,410CommonForm 4 ↗
Valentin Gapontsev Trust IGreater-than-10% holder2026-07-21D24,3471022,484,368CommonForm 4 ↗
Valentin Gapontsev Trust IGreater-than-10% holder2026-07-21D23,8691032,458,507CommonForm 4 ↗
Valentin Gapontsev Trust IGreater-than-10% holder2026-07-21D1,000100100,080CommonForm 4 ↗
Valentin Gapontsev Trust IGreater-than-10% holder2026-07-21D7,100101718,520CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-07-31D2008617,268CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-07-31D2008717,490CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-07-31D5068643,587CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-07-31D25,994862,229,245CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-07-31D2418921,372CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-07-31D3008726,235CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-07-31D7838667,119CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-07-31D3008926,577CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-08-04D12,202951,161,386CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-08-05D5509954,291CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-08-05D4,32498422,930CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-08-05D1,32597128,207CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-08-05D11,912951,135,333CommonForm 4 ↗
Paulus BucherSVP, Global Operations2026-08-08D6639059,822CommonForm 4 ↗
John PeelerDirector2026-08-26A1,1587586,352CommonForm 4 ↗
John PeelerDirector2026-08-26A1,55273113,048CommonForm 4 ↗
Valentin Gapontsev Trust IGreater-than-10% holder2026-09-01D18,091751,359,358CommonForm 4 ↗
Valentin Gapontsev Trust IGreater-than-10% holder2026-09-02D4,71576359,519CommonForm 4 ↗
Valentin Gapontsev Trust IGreater-than-10% holder2026-09-02D4,59176347,309CommonForm 4 ↗
Eugene A. ScherbakovDirector2026-10-02D3,04885259,994CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-10-02D5,48586472,204CommonForm 4 ↗
IP FIBRE DEVICES LTDGreater-than-10% holder2026-10-02D9,87685843,312CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Paulus BucherRSU2025-08-05——4,185—$314,963
Mark GitinPSU2025-02-1413,77355,092—110,1843,499,995
Mark GitinRSU2025-02-14——55,092—3,499,995
Trevor NessRSU2025-02-14——13,204—838,850
Angelo LoprestiPSU2025-02-143,21712,868—25,736817,504
Paulus BucherPSU2025-08-051,0464,185—8,370314,963
Timothy MammenPSU2025-02-143,93515,740—31,480999,962
Trevor NessPSU2025-02-143,30113,204—26,408838,850
Angelo LoprestiRSU2025-02-14——12,868—817,504
Timothy MammenRSU2025-02-14——15,740—999,962
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Paulus Bucher$314,963$314,963$050.0%
Mark Gitin3,499,9953,499,995050.0%
Trevor Ness838,850838,850050.0%
Angelo Lopresti817,504817,504050.0%
Timothy Mammen999,962999,962050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Angelo LoprestiRSU1,697—$136,778
Timothy MammenRSU2,054—165,552
Angelo LoprestiPSU23,161—1,658,328
Trevor NessRSU13,204—1,064,242
Timothy MammenPSU28,332—2,028,571
Mark GitinPSU17,993—1,288,299
Trevor NessRSU7,434—599,180
Timothy MammenPSU8,175—585,330
Trevor NessPSU6,968—498,909
Angelo LoprestiRSU7,204—580,642
Trevor NessPSU23,766—1,701,646
Mark GitinRSU55,092—4,440,415
Angelo LoprestiRSU12,868—1,037,161
Timothy MammenRSU8,721—702,913
Paulus BucherRSU4,185—337,311
Mark GitinPSU99,165—7,100,214
Mark GitinRSU19,194—1,547,036
Timothy MammenRSU15,740—1,268,644
Angelo LoprestiPSU6,753—483,515
Trevor NessRSU1,667—134,360
Paulus BucherPSU7,533—539,363
05

Incentive-plan design — the Compensation Discussion & Analysis

The guiding principles of our executive compensation philosophy and practices continue to be pay-for-performance, accountability for annual and long-term performance, alignment to stockholders' interests and providing competitive pay to attract and retain executives.

CEO STI target (% of salary)120%
CEO LTI target (% of salary)—
Independent consultantFW Cook
Clawback policyTwo clawback policies in effect: (1) Required Clawback Policy (adopted July 2023, effective October 2, 2023) compliant with SEC/Dodd-Frank rules — requires recovery of incentive-based compensation (cash and equity tied to financial reporting measures) from current and former executive officers in the event of a financial restatement, covering the three-year period prior to the restatement date; (2) Legacy 2015 policy — allows recapture of cash and equity performance-based compensation if financial results underlying the award were restated due to participant misconduct. All equity award agreements also include forfeiture provisions for competing, disclosing confidential information, or soliciting employees/customers.
Anti-hedgingAll employees and directors are prohibited from engaging in hedging transactions, including shorting shares, buying/selling puts, calls, or derivatives related to Company common stock, under the insider trading policy.
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1227,089,32510,719,258159,74071.65%Passed
20252025-05-2036,884,5651,519,75431,91296.04%Passed
20242024-06-1839,503,9971,547,37464,20496.23%Passed
20232023-05-2341,700,6681,292,73442,78396.99%Passed
20202020-05-2843,748,5601,599,033399,02096.47%Passed
20172017-06-0145,064,560515,58890,05198.67%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1271.65%a
20252025-05-2096.04%b
20242024-06-1896.23%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on Proposal 2.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on Proposal 2.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on Proposal 2.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)162 : 1
CEO total compensation$9,071,490
Median employee compensation$56,164
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
John PeelerIndependent · Board Chair · Compensation$131,667$249,936$0$0$0$381,603
Jeanmarie DesmondIndependent · Audit (Chair) · Compensation75,000249,936000324,936
Gregory DoughertyIndependent · Compensation (Chair) · Audit75,000249,936000324,936
Gregory BeecherIndependent · Audit · Nominating and Corporate Governance60,000249,936000309,936
Eric MeuriceIndependent · Nominating and Corporate Governance · Compensation59,808249,936000309,744
Kolleen KennedyIndependent · Nominating and Corporate Governance (Chair)54,167249,936000304,103
Agnes TangIndependent · Audit52,500249,936000302,436
Natalia PavlovaNot independent · Nominating and Corporate Governance41,875249,936000291,811
Michael ChildIndependent · Nominating and Corporate Governance12,018000012,018
Mark GitinEmployee director · Newly elected000—00
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$250,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)80,000
Stock ownership guideline5x annual cash Board retainers
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$562,035
Equity awards (grant-date value)$1,999,488
All other compensation$0
Total cost of the board$2,561,523

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies IPG PHOTONICS CORP names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including IPG PHOTONICS CORP.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Coherent Corp.2026James Anderson$1,094,246$23,779,354$0$3,456,024$28,349,672
2Lumentum Holdings Inc.2026Michael Hurlston900,00012,291,57702,179,71015,392,731
3MKS Instruments, Inc.2025John Lee1,037,94510,133,32701,751,53312,961,940
4Advanced Energy Industries, Inc.2025Stephen Kelley977,7928,426,221—1,767,09511,187,208
5Allegro MicroSystems, Inc.2026Michael Doogue700,0009,685,1980010,459,680
6Watts Water Technologies, Inc.2025Robert Pagano, Jr.1,173,0006,450,42102,709,00010,423,317
7Novanta, Inc.2025Matthijs Glastra863,0398,275,5350854,47910,042,292
8Graco, Inc.2025Mark Sheahan1,065,00005,749,7751,259,9079,491,330
9IPG PHOTONICS CORP2025Mark Gitin879,4236,999,99001,159,6009,071,490
10Nordson Corporation2025Sundaram Nagarajan1,049,3853,514,4131,519,5471,327,4728,153,900
11Cognex Corporation2025Matthew Moschner528,8461,670,0404,829,9111,059,4368,099,369
12Onto Innovation Inc.2025Michael Plisinski762,4616,428,6790611,0027,813,551
13OSI Systems, Inc.2025Ajay Mehra621,4485,269,72001,500,0007,512,141
14Barnes Group, Inc.2023Thomas Hook1,000,0004,688,2071,114,981432,0007,305,338
15Enerpac Tool Group Corp.2025Paul Sternlieb929,4234,520,6340951,3326,548,272
16Standex International Corporation2026David Dunbar936,4364,135,8190560,4576,407,973
17Kadant Inc.2025Jeffrey Powell970,9003,036,18101,491,8005,519,261
18FormFactor, Inc.2025Michael Slessor664,6154,398,7700406,0355,481,644
19Albany International Corp.2025Gunnar Kleveland922,3272,612,5700699,5504,259,285

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
IPG PHOTONICS CORP113.9%PSU 50 · RSU 50NoFW Cook
Advanced Energy Industries, Inc.144.4%PSU 60 · RSU 40NoCompensia, Inc.
Albany International Corp.72.9%PSU 50 · RSU 50Yes — AIN Relative TSRPearl Meyer & Partners
Allegro MicroSystems, Inc.182.9%PSU 50 · RSU 50Yes — Relative TSR vs. Russell 3000 custom list of semiconductor and semiconductor equipment peersMeridian Compensation Partners, LLC
Barnes Group, Inc.not disclosedPSA 50 · RSU 30 · Option 20Yes — Relative TSRMeridian Compensation Partners, LLC
Cognex Corporation193%Options 33 · RSU 33 · PSU 33NoPay Governance, LLC
Coherent Corp.190%PSU 60 · RSU 40Yes — Relative TSRCompensia, Inc.
Enerpac Tool Group Corp.100.7%PSU 60 · RSU 40NoMercer, LLC
FormFactor, Inc.61.8%PSU 50 · RSU 50Yes — Total Shareholder Return (TSR)Aon's Human Capital Solutions practice
Graco, Inc.not disclosedOption 100not disclosedWillis Towers Watson
Kadant Inc.148%PSU 80 · RSU 20NoWillis Towers Watson
Lumentum Holdings Inc.not disclosedPSU 66 · RSU 34not disclosedSemler Brossy
MKS Instruments, Inc.135%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Pearl Meyer & Partners, LLC
Nordson Corporationnot disclosedPSU 50 · Options 30 · RSU 20NoFW Cook
Novanta, Inc.65.3%PSU 70 · RSU 30NoAon
Onto Innovation Inc.not disclosednot disclosednot disclosedCompensia, Inc.
OSI Systems, Inc.not disclosedPSU 100NoPearl Meyer
Standex International Corporationnot disclosedRSU 50 · PSU 50Yes — Relative TSRMeridian
Watts Water Technologies, Inc.180.6%not disclosedNoPearl Meyer & Partners, LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at IPG PHOTONICS CORP in fiscal 2025?
As disclosed, Mark Gitin (Chief Executive Officer) was the highest-paid executive at IPG PHOTONICS CORP in fiscal 2025, with total compensation of $9,071,490.
How does IPG PHOTONICS CORP's chief executive pay compare to its disclosed peer group?
As disclosed, Mark Gitin's total compensation ranked at the 56th percentile of IPG PHOTONICS CORP's disclosed peer group.
What is IPG PHOTONICS CORP's CEO-to-median employee pay ratio?
As disclosed, IPG PHOTONICS CORP's CEO-to-median employee pay ratio was 162:1.
How did shareholders vote on IPG PHOTONICS CORP's executive compensation?
As disclosed, 71.65% of shareholders supported IPG PHOTONICS CORP's executive compensation in the latest say-on-pay vote.
How much does IPG PHOTONICS CORP spend in total on board compensation for fiscal 2025?
As disclosed, IPG PHOTONICS CORP reported total board compensation of $2,561,523 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Mark GitinDEF 14A2026-04-010001111928-26-000085Section “Summary Compensation Table”. As printed: 9,071,490. Filing ↗machine: r2 · c21 · span 731173–731182
2Section 01, Timothy MammenDEF 14A2026-04-010001111928-26-000085Section “Summary Compensation Table”. As printed: 3,043,607. Filing ↗machine: r4 · c21 · span 736388–736397
3Section 01, Trevor NessDEF 14A2026-04-010001111928-26-000085Section “Summary Compensation Table”. As printed: 2,648,419. Filing ↗machine: r7 · c21 · span 744119–744128
4Section 01, Angelo LoprestiDEF 14A2026-04-010001111928-26-000085Section “Summary Compensation Table”. As printed: 2,574,681. Filing ↗machine: r10 · c21 · span 752015–752024
5Section 01, Paulus BucherDEF 14A2026-04-010001111928-26-000085Section “Summary Compensation Table”. As printed: 1,181,804. Filing ↗machine: r13 · c21 · span 760160–760169
6Section 03, Paulus Bucher RSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r19 · c17 · span 819744–819751
7Section 03, Mark Gitin PSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r4 · c17 · span 779452–779461
8Section 03, Mark Gitin RSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r4 · c17 · span 779452–779461
9Section 03, Trevor Ness RSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r10 · c17 · span 798905–798912
10Section 03, Angelo Lopresti PSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r13 · c17 · span 808632–808639
11Section 03, Paulus Bucher PSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r19 · c17 · span 819744–819751
12Section 03, Timothy Mammen PSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r7 · c17 · span 789182–789189
13Section 03, Trevor Ness PSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r10 · c17 · span 798905–798912
14Section 03, Angelo Lopresti RSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r13 · c17 · span 808632–808639
15Section 03, Timothy Mammen RSUDEF 14A2026-04-010001111928-26-000085Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t72 · r7 · c17 · span 789182–789189
16Section 07, pay ratioDEF 14A2026-04-010001111928-26-000085Section “CEO Pay Ratio”. As printed: 162 : 1. Filing ↗machine: span 1048873–1048881
17Section 08, John PeelerDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 381,603. Filing ↗
18Section 08, Jeanmarie DesmondDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 324,936. Filing ↗machine: t53 · span 509208–509337
19Section 08, Gregory DoughertyDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 324,936. Filing ↗machine: t53 · span 510589–510718
20Section 08, Gregory BeecherDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 309,936. Filing ↗machine: t53 · span 506347–506476
21Section 08, Eric MeuriceDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 309,744. Filing ↗
22Section 08, Kolleen KennedyDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 304,103. Filing ↗
23Section 08, Agnes TangDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 302,436. Filing ↗machine: t53 · span 517389–517518
24Section 08, Natalia PavlovaDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 291,811. Filing ↗
25Section 08, Michael ChildDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 12,018. Filing ↗
26Section 08, Mark GitinDEF 14A2026-03-300001111928-26-000085Section “Director Compensation”. As printed: 0. Filing ↗
27Section 02, Tang Agnes 2026-05-12Form 42026-05-130001111928-26-000103Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, John Peeler 2026-05-12Form 42026-05-130001111928-26-000113Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Kolleen Kennedy 2026-05-12Form 42026-05-130001111928-26-000115Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Igor Samartsev 2026-05-12Form 42026-05-130001111928-26-000105Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Gregory Beecher 2026-05-12Form 42026-05-130001111928-26-000101Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Jeanmarie Desmond 2026-05-12Form 42026-05-130001111928-26-000109Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Gregory Dougherty 2026-05-12Form 42026-05-130001111928-26-000111Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Eric Meurice 2026-05-12Form 42026-05-130001111928-26-000107Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Jeanmarie Desmond 2026-05-14Form 42026-05-150001111928-26-000118Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Timothy Mammen 2026-05-22Form 42026-05-260001111928-26-000122Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Timothy Mammen 2026-05-22Form 42026-05-260001111928-26-000122Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Mark Gitin 2026-06-05Form 42026-06-080001111928-26-000126Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Tang Agnes 2026-06-22Form 42026-06-230001919257-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Tang Agnes 2026-06-22Form 42026-06-230001919257-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Tang Agnes 2026-06-22Form 42026-06-230001919257-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Eugene A. Scherbakov 2026-06-29Form 42026-07-010001111928-26-000128Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Eugene A. Scherbakov 2026-06-29Form 42026-07-010001111928-26-000128Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Eugene A. Scherbakov 2026-06-29Form 42026-07-010001111928-26-000128Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Eugene A. Scherbakov 2026-06-29Form 42026-07-010001111928-26-000128Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Angelo Lopresti 2026-06-29Form 42026-07-010001111928-26-000130Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, IP FIBRE DEVICES LTD 2026-06-29Form 42026-07-010001111928-26-000132Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, IP FIBRE DEVICES LTD 2026-06-29Form 42026-07-010001111928-26-000132Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, IP FIBRE DEVICES LTD 2026-06-29Form 42026-07-010001111928-26-000132Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, IP FIBRE DEVICES LTD 2026-06-29Form 42026-07-010001111928-26-000132Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, IP FIBRE DEVICES LTD 2026-06-29Form 42026-07-010001111928-26-000132Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, IP FIBRE DEVICES LTD 2026-06-29Form 42026-07-010001111928-26-000132Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Eugene A. Scherbakov 2026-06-29Form 42026-07-010001111928-26-000128Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, IP FIBRE DEVICES LTD 2026-06-29Form 42026-07-010001111928-26-000132Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Valentin Gapontsev Trust I 2026-07-21Form 42026-07-220001111928-26-000145Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Valentin Gapontsev Trust I 2026-07-21Form 42026-07-220001111928-26-000145Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Valentin Gapontsev Trust I 2026-07-21Form 42026-07-220001111928-26-000145Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Valentin Gapontsev Trust I 2026-07-21Form 42026-07-220001111928-26-000145Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Eugene A. Scherbakov 2026-07-31Form 42026-08-040001111928-26-000155Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, IP FIBRE DEVICES LTD 2026-07-31Form 42026-08-040001111928-26-000157Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, IP FIBRE DEVICES LTD 2026-07-31Form 42026-08-040001111928-26-000157Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, IP FIBRE DEVICES LTD 2026-07-31Form 42026-08-040001111928-26-000157Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Eugene A. Scherbakov 2026-07-31Form 42026-08-040001111928-26-000155Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Eugene A. Scherbakov 2026-07-31Form 42026-08-040001111928-26-000155Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Eugene A. Scherbakov 2026-07-31Form 42026-08-040001111928-26-000155Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, IP FIBRE DEVICES LTD 2026-07-31Form 42026-08-040001111928-26-000157Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, IP FIBRE DEVICES LTD 2026-08-04Form 42026-08-060001111928-26-000159Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, IP FIBRE DEVICES LTD 2026-08-05Form 42026-08-060001111928-26-000159Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, IP FIBRE DEVICES LTD 2026-08-05Form 42026-08-060001111928-26-000159Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, IP FIBRE DEVICES LTD 2026-08-05Form 42026-08-060001111928-26-000159Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, IP FIBRE DEVICES LTD 2026-08-05Form 42026-08-060001111928-26-000159Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Paulus Bucher 2026-08-08Form 42026-08-100001111928-26-000161Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, John Peeler 2026-08-26Form 42026-08-270001111928-26-000163Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, John Peeler 2026-08-26Form 42026-08-270001111928-26-000163Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Valentin Gapontsev Trust I 2026-09-01Form 42026-09-030001111928-26-000165Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Valentin Gapontsev Trust I 2026-09-02Form 42026-09-030001111928-26-000165Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Valentin Gapontsev Trust I 2026-09-02Form 42026-09-030001111928-26-000165Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Eugene A. Scherbakov 2026-10-02Form 42026-10-060001111928-26-000171Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, IP FIBRE DEVICES LTD 2026-10-02Form 42026-10-060001111928-26-000173Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, IP FIBRE DEVICES LTD 2026-10-02Form 42026-10-060001111928-26-000173Insider equity transaction reported since the proxy statement. Filing ↗
81Section 06, 2026 voteForm 8-K2026-05-150001111928-26-000120Item 5.07 · say-on-pay result. As reported: 71.65% (votes for as printed: 27,089,325). Filing ↗
82Section 06, 2025 voteForm 8-K2025-05-210001111928-25-000106Item 5.07 · say-on-pay result. As reported: 96.04% (votes for as printed: 36,884,565). Filing ↗
83Section 06, 2024 voteForm 8-K2024-06-180001111928-24-000099Item 5.07 · say-on-pay result. As reported: 96.23% (votes for as printed: 39,503,997). Filing ↗
84Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
85Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
86Section 09b board cost (computed)Computed——Cash 562,035 + equity 1,999,488 + all other 0 = 2,561,523, summed across the director compensation table rows.machine: formula: Σ = 2,561,523
87Coherent Corp., Section 10b CEO totalDEF 14A2026-10-090001104659-26-114847CEO total compensation as printed in Coherent Corp.'s own proxy. As printed: 28,349,672. Filing ↗machine: r1 · c22 · span 1111255–1111265
88Lumentum Holdings Inc., Section 10b CEO totalDEF 14A2026-10-060001308179-26-000420CEO total compensation as printed in Lumentum Holdings Inc.'s own proxy. As printed: 15,392,731. Filing ↗machine: r1 · c14 · span 579285–579295
89MKS Instruments, Inc., Section 10b CEO totalDEF 14A2026-03-310001193125-26-133378CEO total compensation as printed in MKS Instruments, Inc.'s own proxy. As printed: 12,961,940. Filing ↗machine: t120 · r3 · c26 · span 1981823–1981833
90Advanced Energy Industries, Inc., Section 10b CEO totalDEF 14A2026-03-260001104659-26-035159CEO total compensation as printed in Advanced Energy Industries, Inc.'s own proxy. As printed: 11,187,208. Filing ↗
91Allegro MicroSystems, Inc., Section 10b CEO totalDEF 14A2026-06-240001193125-26-280254CEO total compensation as printed in Allegro MicroSystems, Inc.'s own proxy. As printed: 10,459,680. Filing ↗machine: r2 · c25 · span 1068098–1068108
92Watts Water Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038336CEO total compensation as printed in Watts Water Technologies, Inc.'s own proxy. As printed: 10,423,317. Filing ↗machine: t44 · r1 · c41 · span 907085–907095
93Novanta, Inc., Section 10b CEO totalDEF 14A2026-04-240001193125-26-175367CEO total compensation as printed in Novanta, Inc.'s own proxy. As printed: 10,042,292. Filing ↗machine: r2 · c8 · span 950118–950128
94Graco, Inc., Section 10b CEO totalDEF 14A2026-03-110001193125-26-101267CEO total compensation as printed in Graco, Inc.'s own proxy. As printed: 9,491,330. Filing ↗machine: r2 · c35 · span 436111–436120
95IPG PHOTONICS CORP (subject), Section 10b CEO totalDEF 14A2026-04-010001111928-26-000085CEO total compensation as printed in IPG PHOTONICS CORP's own proxy. As printed: 9,071,490. Filing ↗machine: r2 · c21 · span 731173–731182
96Nordson Corporation, Section 10b CEO totalDEF 14A2026-01-160001193125-26-014662CEO total compensation as printed in Nordson Corporation's own proxy. As printed: 8,153,900. Filing ↗machine: r4 · c29 · span 1301788–1301797
97Cognex Corporation, Section 10b CEO totalDEF 14A2026-03-130001193125-26-105065CEO total compensation as printed in Cognex Corporation's own proxy. As printed: 8,099,369. Filing ↗machine: r2 · c24 · span 574315–574324
98Onto Innovation Inc., Section 10b CEO totalDEF 14A2026-04-060001193125-26-143699CEO total compensation as printed in Onto Innovation Inc.'s own proxy. As printed: 7,813,551. Filing ↗machine: t94 · r2 · c7 · span 833042–833051
99OSI Systems, Inc., Section 10b CEO totalDEF 14A2025-10-220001104659-25-101517CEO total compensation as printed in OSI Systems, Inc.'s own proxy. As printed: 7,512,141. Filing ↗machine: r1 · c54 · span 1051906–1051915
100Barnes Group, Inc., Section 10b CEO totalDEF 14A2024-03-290001140361-24-016599CEO total compensation as printed in Barnes Group, Inc.'s own proxy. As printed: 7,305,338. Filing ↗
101Enerpac Tool Group Corp., Section 10b CEO totalDEF 14A2025-12-220001140361-25-046276CEO total compensation as printed in Enerpac Tool Group Corp.'s own proxy. As printed: 6,548,272. Filing ↗machine: r2 · c24 · span 758100–758109
102Standex International Corporation, Section 10b CEO totalDEF 14A2026-09-040001437749-26-029660CEO total compensation as printed in Standex International Corporation's own proxy. As printed: 6,407,973. Filing ↗machine: r1 · c28 · span 1051988–1051997
103Kadant Inc., Section 10b CEO totalDEF 14A2026-04-010000886346-26-000027CEO total compensation as printed in Kadant Inc.'s own proxy. As printed: 5,519,261. Filing ↗machine: t17 · r2 · c18 · span 358569–358578
104FormFactor, Inc., Section 10b CEO totalDEF 14A2026-04-020001039399-26-000016CEO total compensation as printed in FormFactor, Inc.'s own proxy. As printed: 5,481,644. Filing ↗machine: r2 · c21 · span 765051–765060
105Albany International Corp., Section 10b CEO totalDEF 14A2026-04-020001628280-26-022940CEO total compensation as printed in Albany International Corp.'s own proxy. As printed: 4,259,285. Filing ↗machine: t89 · r3 · c9 · span 688295–688304
106Section 10a, Standex International Corporation reciprocityDEF 14A—0001437749-26-029660Standex International Corporation's most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
107Section 10a, Albany International Corp. reciprocityDEF 14A—0001628280-26-022940Albany International Corp.'s most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
108Section 10a, FormFactor, Inc. reciprocityDEF 14A—0001039399-26-000016FormFactor, Inc.'s most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
109Section 10a, Graco, Inc. reciprocityDEF 14A—0001193125-26-101267Graco, Inc.'s most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
110Section 10a, Kadant Inc. reciprocityDEF 14A—0000886346-26-000027Kadant Inc.'s most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
111Section 10a, Nordson Corporation reciprocityDEF 14A—0001193125-26-014662Nordson Corporation's most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
112Section 10a, Novanta, Inc. reciprocityDEF 14A—0001193125-26-175367Novanta, Inc. names IPG PHOTONICS CORP in its own disclosed peer group (read from its most recent proxy). Filing ↗
113Section 10a, OSI Systems, Inc. reciprocityDEF 14A—0001104659-25-101517OSI Systems, Inc. names IPG PHOTONICS CORP in its own disclosed peer group (read from its most recent proxy). Filing ↗
114Section 10a, Watts Water Technologies, Inc. reciprocityDEF 14A—0001104659-26-038336Watts Water Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
115Section 10a, Barnes Group, Inc. reciprocityDEF 14A—0001140361-24-016599Barnes Group, Inc.'s most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
116Section 10a, Allegro MicroSystems, Inc. reciprocityDEF 14A—0001193125-26-280254Allegro MicroSystems, Inc.'s most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
117Section 10a, Coherent Corp. reciprocityDEF 14A—0001104659-26-114847Coherent Corp.'s most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
118Section 10a, Onto Innovation Inc. reciprocityDEF 14A—0001193125-26-143699Onto Innovation Inc. names IPG PHOTONICS CORP in its own disclosed peer group (read from its most recent proxy). Filing ↗
119Section 10a, MKS Instruments, Inc. reciprocityDEF 14A—0001193125-26-133378MKS Instruments, Inc. names IPG PHOTONICS CORP in its own disclosed peer group (read from its most recent proxy). Filing ↗
120Section 10a, Advanced Energy Industries, Inc. reciprocityDEF 14A—0001104659-26-035159Advanced Energy Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include IPG PHOTONICS CORP. Filing ↗
121Section 10a, Cognex Corporation reciprocityDEF 14A—0001193125-26-105065Cognex Corporation names IPG PHOTONICS CORP in its own disclosed peer group (read from its most recent proxy). Filing ↗
122Section 10a, Lumentum Holdings Inc. reciprocityDEF 14A—0001308179-26-000420Lumentum Holdings Inc. names IPG PHOTONICS CORP in its own disclosed peer group (read from its most recent proxy). Filing ↗

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