PLAB (NASDAQ: PLAB) insider Frank K. Lee plans 10,000-share sale
Rhea-AI Filing Summary
Frank K. Lee has filed a notice of intent to sell 10,000 shares of common stock of the issuer under Rule 144. The planned sale is to be executed through Fidelity Brokerage Services LLC on the NASDAQ, with an indicated aggregate market value of $345,090.55, and the issuer has 59,064,641 shares of this class outstanding. These 10,000 shares were acquired on 01/03/2026 through restricted stock vesting from the issuer as compensation, with payment dated the same day.
The filing also lists prior sales of the issuer’s common stock by Frank K. Lee over the past three months, including multiple transactions in December 2025 and January 2026, each ranging from 8,750 to 20,000 shares with individual gross proceeds in the hundreds of thousands of dollars. By signing the notice, the seller represents that they do not know of any material adverse, non-public information about the issuer’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
What does this Form 144 filing for PLAB disclose?
The Form 144 discloses that Frank K. Lee intends to sell 10,000 shares of common stock of the issuer through Fidelity Brokerage Services LLC on the NASDAQ under Rule 144.
How many PLAB shares are planned to be sold and on which exchange?
The notice covers a proposed sale of 10,000 common shares with an aggregate market value of $345,090.55, to be sold on the NASDAQ.
How and when did Frank K. Lee acquire the shares being sold?
The 10,000 shares to be sold were acquired on 01/03/2026 via restricted stock vesting from the issuer, classified as compensation, with the payment date also on 01/03/2026.
How many PLAB shares are outstanding according to this filing?
For the class of common stock being sold, the filing reports 59,064,641 shares outstanding.
Which broker is handling the planned Rule 144 sale for PLAB shares?
The planned sale is to be executed through Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI 02917.
What prior PLAB stock sales by Frank K. Lee are disclosed in the past 3 months?
The filing lists several prior sales of the issuer’s common stock by Frank K. Lee between 12/12/2025 and 01/15/2026, with individual transactions ranging from 8,750 to 20,000 shares and gross proceeds such as $770,639.58, $729,018.00, and $300,225.83.
What representation does the seller make about non-public information on the issuer?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.