[144] Photronics Inc SEC Filing

Rhea-AI Filing Summary

Form 144 filed for Photronics, Inc. (PLAB) discloses a proposed sale of 10,000 common shares through Fidelity Brokerage Services, with an aggregate market value listed at $219,326.89 and an approximate sale date of 09/02/2025 on NASDAQ. The filing shows the 10,000 shares were originally acquired through restricted stock vesting on 01/03/2023 (6,022 shares) and 01/02/2024 (3,978 shares) as compensation. The filer previously sold 10,000 shares on 07/28/2025 for gross proceeds of $210,716.70. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and includes signature and attestation language required by Rule 144.

Positive

• Disclosure compliance: Form 144 filed specifying broker, share counts, acquisition dates, and sale timing
• Acquisitions clearly documented: All 10,000 shares were acquired via restricted stock vesting in 2023 and 2024
• Seller attestation included: Representation that no undisclosed material adverse information is known

Negative

• Insider disposition: Proposed sale of 10,000 shares (and a prior sale of 10,000 on 07/28/2025) by an insider is disclosed
• Outstanding share context: While small, the filing shows insider selling activity which investors may note

Insights

Financial Analyst

TL;DR: Routine insider Form 144 disclosing planned sale of 10,000 PLAB shares acquired by vesting; not large relative to shares outstanding.

The filing reports a proposed sale of 10,000 common shares valued at $219,326.89 with an indicated NASDAQ sale date of 09/02/2025. Acquisition records show the shares were compensation via restricted stock vesting in 2023 and 2024. Given the issuer's reported 60,150,512 shares outstanding, the proposed sale represents a very small fraction of outstanding stock. This appears to be a compliance disclosure under Rule 144 rather than a material corporate development.

Corporate Governance Expert

TL;DR: Filing fulfills Rule 144 disclosure requirements and includes standard seller attestations; prior sale in July also disclosed.

The document transparently lists the broker, share counts, acquisition dates, and prior sale on 07/28/2025 with gross proceeds of $210,716.70. It contains the required attestation that the seller does not possess undisclosed material adverse information. From a governance and compliance standpoint, the form meets standardized disclosure expectations for insider dispositions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	10000	219326.89	60150512	09/02/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/03/2023	Restricted Stock Vesting	Issuer			6022	01/03/2023	Compensation
Common	01/02/2024	Restricted Stock Vesting	Issuer			3978	01/02/2024	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Christopher J. Progler 15 Secor Road Brookfield CT 06804	Common	07/28/2025	10000	210716.70

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Photronics (PLAB) Form 144 filed on this notice disclose?

The Form 144 discloses a proposed sale of 10,000 common shares via Fidelity with an aggregate market value of $219,326.89 and an approximate sale date of 09/02/2025 on NASDAQ.

Who acquired the shares and how were they obtained?

The shares were acquired by the seller through restricted stock vesting: 6,022 shares on 01/03/2023 and 3,978 shares on 01/02/2024, recorded as compensation.

Has the filer sold any Photronics shares recently?

Yes. The filing discloses a prior sale by the same person of 10,000 common shares on 07/28/2025 for gross proceeds of $210,716.70.

How large is the proposed sale relative to Photronics’ outstanding shares?

The filing lists 60,150,512 shares outstanding; the proposed 10,000-share sale represents a very small fraction of that total.

Does the Form 144 include any attestation about material nonpublic information?

Yes. The person for whose account the securities will be sold represents by signing the notice that they do not know any material adverse information about the issuer that has not been publicly disclosed.