Last updated: 5 March 2024 at 4:50pm EST

Thomas Burgomaster Net Worth




The estimated Net Worth of Thomas J Burgomaster is at least $4.85 Million dollars as of 1 March 2023. Mr. Burgomaster owns over 1,300 units of IPG Photonics Corp stock worth over $542,774 and over the last 11 years he sold IPGP stock worth over $4,306,450. In addition, he makes $0 as Chief Accounting Officer, Vice President, Controller, and Principal Accounting Officer at IPG Photonics Corp.

Mr. Burgomaster IPGP stock SEC Form 4 insiders trading

Thomas has made over 13 trades of the IPG Photonics Corp stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 1,300 units of IPGP stock worth $163,176 on 1 March 2023.

The largest trade he's ever made was selling 16,419 units of IPG Photonics Corp stock on 18 February 2016 worth over $2,136,440. On average, Thomas trades about 2,547 units every 137 days since 2014. As of 1 March 2023 he still owns at least 8,595 units of IPG Photonics Corp stock.

You can see the complete history of Mr. Burgomaster stock trades at the bottom of the page.





Thomas Burgomaster biography

Thomas J. Burgomaster serves as Chief Accounting Officer, Vice President, Controller, Principal Accounting Officer of the Company. Mr. Burgomaster has served as the Vice President, Corporate Controller of the Company since May 2010, and prior to that was the Company’s Corporate International Controller since 2006.



How old is Thomas Burgomaster?

Thomas Burgomaster is 49, he's been the Chief Accounting Officer, Vice President, Controller, and Principal Accounting Officer of IPG Photonics Corp since 2018. There are 19 older and 2 younger executives at IPG Photonics Corp. The oldest executive at IPG Photonics Corp is Valentin Gapontsev, 81, who is the Chairman of the Board, Chief Executive Officer.

What's Thomas Burgomaster's mailing address?

Thomas's mailing address filed with the SEC is C/O IPG PHOTONICS CORPORATION, 377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752.

Insiders trading at IPG Photonics Corp

Over the last 18 years, insiders at IPG Photonics Corp have traded over $241,525,468 worth of IPG Photonics Corp stock and bought 9,089 units worth $754,369 . The most active insiders traders include Associates Inc Ta, Ix Lp Ta, and Associates Ix Llc Ta. On average, IPG Photonics Corp executives and independent directors trade stock every 11 days with the average trade being worth of $542,395. The most recent stock trade was executed by Jeanmarie F. Desmond on 30 May 2024, trading 985 units of IPGP stock currently worth $83,922.



What does IPG Photonics Corp do?

IPG Photonics is an American manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications.



Complete history of Mr. Burgomaster stock trades at IPG Photonics Corp

Insider
Trans.
Transaction
Total value
Thomas J Burgomaster
Chief Accounting Officer
Sale $163,176
1 Mar 2023
Thomas J Burgomaster
Chief Accounting Officer
Option $203,472
16 Nov 2020
Thomas J Burgomaster
Chief Accounting Officer
Option $268,172
20 Oct 2020
Thomas J Burgomaster
Chief Accounting Officer
Option $484,436
1 Sep 2020
Thomas J Burgomaster
Chief Accounting Officer
Option $199,075
20 Jul 2020
Thomas J Burgomaster
Chief Accounting Officer
Option $227,622
15 Jul 2020
Thomas J Burgomaster
Chief Accounting Officer
Sale $494,167
22 Jun 2020
Thomas J Burgomaster
Chief Accounting Officer
Sale $131,269
3 Jul 2019
Thomas J Burgomaster
Chief Accounting Officer
Sale $99,428
1 Jul 2019
Thomas J Burgomaster
Chief Accounting Officer
Sale $90,511
21 Jun 2019
Thomas J Burgomaster
Chief Accounting Officer
Option $304,992
1 Mar 2018
Thomas J Burgomaster
Chief Accounting Officer
Sale $2,136,440
18 Feb 2016
Thomas J Burgomaster
Chief Accounting Officer
Sale $1,191,460
28 Feb 2014


IPG Photonics Corp executives and stock owners

IPG Photonics Corp executives and other stock owners filed with the SEC include: