{"schema_version":"secwatch.filing_event.v1","accession":"0001111928-23-000018","form_type":"8-K","ticker":"IPGP","cik":"0001111928","company_name":"IPG PHOTONICS CORP","filed_at":"2023-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.901611+00:00","generated_at":"2026-06-19T04:11:42.650481+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"IPG Photonics discloses 2023 executive compensation: CEO base salary up 7.1%, NEOs up 3.5%","bullets":["CEO Eugene Scherbakov base salary increased 7.1% to €800,000; other NEOs received 3.5% increases.","2023 annual incentive plan targets: CEO target 110% of salary, other NEOs 80%; maximum payout up to 247.5% for CEO.","Long-term equity grants: 50% RSUs (3-year vest) and 50% PSUs tied to organic revenue CAGR and operating margin over 2023-2025.","Non-Employee Director Compensation Plan amended: non-executive Chair retainer increased from $70,000 to $80,000.","PSUs have threshold, target, and maximum; maximum payout 200% of target; performance period 2023-2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001111928-23-000018","json":"https://secwatch.observer/filing/0001111928-23-000018.json","markdown":"https://secwatch.observer/filing/0001111928-23-000018.md","text":"https://secwatch.observer/filing/0001111928-23-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1111928/000111192823000018/0001111928-23-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1111928/000111192823000018/ipgp-20230217.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T04:11:42.650481+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}