Form 4: Photronics EVP Christopher J. Progler Sells 10,000 Shares

Christopher J. Progler, EVP and Chief Technology Officer of Photronics Inc, sold 10,000 shares of common stock on March 24, 2025, at a price of $21.587 per share.

Summary

• Christopher J. Progler, an executive at Photronics Inc, reported a transaction involving the company's common stock.
• On March 24, 2025, Progler sold 10,000 shares of Photronics' common stock.
• The sale price was $21.587 per share.
• Following the transaction, Progler directly owns 220,591 shares of Photronics' common stock.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 22, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to have pre-arranged trading plans to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a pre-arranged trading plan mitigates this concern.

Key Dates

Keywords

Photronics, PLAB, Christopher J. Progler, stock sale, Form 4, insider trading, Rule 10b5-1