[144] Photronics Inc SEC Filing

Rhea-AI Filing Summary

Photronics, Inc. (PLAB) Form 144 notice: A holder intends to sell 15,000 shares of common stock through Fidelity Brokerage Services on or about 09/03/2025, with an aggregate market value of $330,000. The issuer reports 60,150,512 shares outstanding. All 15,000 shares were acquired in early January 2025 through restricted stock vesting as compensation (5,000 on 01/02/2025 and 10,000 on 01/03/2025). No securities by this person were sold in the past three months. The filer certifies no undisclosed material adverse information is known.

Insights

Securities Analyst

TL;DR Sale is small relative to float and appears routine following equity vesting.

The proposed sale of 15,000 shares valued at $330,000 represents approximately 0.025% of the reported 60.15 million shares outstanding, indicating minimal immediate dilution or market-impact risk. The shares were acquired via restricted stock vesting as compensation in early January 2025 and are being routed through a major broker, Fidelity. The notice discloses no prior sales in the last three months and includes the standard representation that the seller is not aware of undisclosed material adverse information.

Corporate Governance Expert

TL;DR Transaction aligns with typical insider compensation monetization and raises no governance red flags on its face.

These sales follow restricted stock vesting events, a common mechanism for employees or insiders to realize compensation. The filing includes the required certification about material information. There is no indication of planned large-scale dispositions, unusual aggregation with other sellers, or recent related sales, which suggests routine compliance with Rule 144 disclosure requirements.

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	15000	330000.00	60150512	09/03/2025	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	01/02/2025	Restricted Stock Vesting	Issuer			5000	01/02/2025	Compensation
Common	01/03/2025	Restricted Stock Vesting	Issuer			10000	01/03/2025	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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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 shares does Photronics (PLAB) plan to sell under this Form 144?

The filer intends to sell 15,000 common shares through Fidelity Brokerage Services, with an aggregate market value of $330,000.

When were the shares acquired that are being sold in the Form 144?

All shares were acquired via restricted stock vesting as compensation: 5,000 on 01/02/2025 and 10,000 on 01/03/2025.

What is the approximate sale date and exchange for the PLAB Form 144 sale?

The approximate sale date is 09/03/2025, and the filing lists NASDAQ as the exchange.

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

The proposed 15,000-share sale is against 60,150,512 shares outstanding, roughly 0.025% of the outstanding shares.

Were any securities sold by this person in the past three months according to the filing?

No. The filing reports "Nothing to Report" for securities sold during the past three months.