Form 4: Photronics Director Sells 10,000 Shares Under 10b5-1 Plan

Photronics Director Kang Jyh Lee reported the sale of 10,000 shares of common stock at an average price of $25.33 per share, executed under a Rule 10b5-1 trading plan.

Summary

• Kang Jyh Lee, a Director of Photronics Inc. (PLAB), reported a transaction involving the company's common stock.
• The transaction was a sale of 10,000 shares of common stock.
• The shares were sold at prices ranging from $25.33 to $25.35 per share, with an average price of $25.33.
• The transaction date was October 6, 2025.
• Following this transaction, Kang Jyh Lee beneficially owns 513,350 shares of Photronics common stock.
• The sale was conducted pursuant to a Rule 10b5-1 trading plan, indicating it was pre-scheduled.

Sentiment

Score: 5

Explanation: The transaction is a pre-scheduled sale under a Rule 10b5-1 plan, which typically indicates a planned liquidity event rather than a reaction to immediate company performance or outlook. Therefore, it carries a neutral sentiment.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

This filing reports a routine insider transaction, specifically a director's sale of company stock. Such transactions are common across industries and are often pre-arranged through 10b5-1 plans, which allow insiders to sell shares at predetermined times to avoid accusations of trading on material non-public information. This particular transaction does not provide broader industry insights.

Stakeholder Impact

• Shareholders: The sale by a director, while pre-planned, slightly reduces insider ownership. However, the volume is relatively small compared to the company's total shares outstanding and the director's remaining holdings, so the direct impact on shareholder sentiment or share price is likely minimal.

Key Dates

Keywords

Photronics, PLAB, Insider Trading, Form 4, Director Sale, Stock Transaction, 10b5-1 Plan, Equity Securities