Form 4: Photronics CEO Sells 8,750 Shares in Open Market Transaction
SEC Form 4 Filing
Photronics CEO, Kang Jyh Lee, sold 8,750 shares of common stock at an average price of $24.33 on December 20, 2024.
Summary
- Photronics CEO, Kang Jyh Lee, executed a sale of 8,750 shares of the company's common stock on December 20, 2024.
- The shares were sold at a weighted average price of $24.33 per share.
- Following this transaction, Mr. Lee directly owns 545,850 shares of Photronics common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction and is common for publicly traded companies.
Comparison to Industry Standards
- Insider trading activity is a common occurrence in publicly listed companies.
- Form 4 filings are standard practice for reporting such transactions to the SEC.
- The sale of shares by a CEO is not unusual and can be for various personal financial reasons.
Stakeholder Impact
- The sale of shares by the CEO may have a minor impact on investor sentiment, but is unlikely to have a significant effect on the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 12/20/2024 | Date of the stock sale transaction. |
| 12/23/2024 | Date the Form 4 was signed. |
Keywords
Photronics, insider trading, stock sale, Kang Jyh Lee, CEO, PLAB, Form 4
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