Photronics Director Files to Sell 28,118 Shares Worth $0.52M

Rhea-AI Filing Summary

Photronics Inc. (PLAB) Form 144 Filing: Director-level insider Frank K. Lee has filed a notice to sell up to 28,118 common shares through Fidelity Brokerage on or about 18 June 2025. The block is worth roughly $517,370 based on market prices and represents 0.05 % of the 60.15 million shares outstanding.

Lee previously disposed of 20,000 shares in two transactions during March 2025, generating $432,000 in gross proceeds. The shares being sold were acquired via a stock option granted on 4 Jan 2016 and exercised for cash on 18 June 2025. No other material information—such as justification for the sale or company performance data—is provided.

The filing signals a continued pattern of modest insider selling but, given the small percentage of float involved, should have limited direct impact on Photronics’ capital structure or daily liquidity.

Positive

• None.

Negative

• Continued insider selling—48,118 shares planned/realized within three months—may create a mild negative sentiment signal despite representing <0.1 % of float.

Insights

Securities Analyst

TL;DR: Minor insider sale of ~28k PLAB shares; pattern continues but size immaterial, sentiment mildly negative.

Insider Frank K. Lee intends to sell 28,118 Photronics shares (~$0.52 million). Combined with two March sales, Lee will have disposed of 48,118 shares in one quarter. While insider selling often raises caution flags, this volume is just 0.08 % of shares outstanding and unlikely to pressure the stock’s float or signal fundamental weakness. The sale does, however, extend a short-term selling trend that investors may monitor, especially if other executives follow suit. Overall impact: modest and mostly sentiment-driven.

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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

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	28118	517369.77	60150512	06/18/2025	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	06/18/2025	Option Granted -01/04/2016	Issuer			28118	06/18/2025	Cash

* 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
Frank K Lee 15 Secor Road Brookfield CT 06804	Common	03/19/2025	10000	216000.00
Frank K Lee 15 Secor Road, Brookfield CT 06804	Common	03/26/2025	10000	216000.00

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

How many Photronics (PLAB) shares is the insider proposing to sell?

The Form 144 covers 28,118 common shares to be sold on or about 18 June 2025.

What is the estimated market value of the proposed sale?

The aggregate market value is approximately $517,370.

How does this sale compare to Photronics’ total shares outstanding?

The sale equals about 0.05 % of the 60,150,512 shares outstanding.

Has the filer sold Photronics shares recently?

Yes. 20,000 shares were sold in March 2025 for gross proceeds of $432,000.

Which broker will execute the transaction?

Fidelity Brokerage Services LLC, Smithfield, RI.

What was the source of the shares being sold?

They were acquired through a stock option granted on 4 Jan 2016 and exercised for cash on 18 June 2025.