Photronics holder may sell 10,000 shares
PHOTRONICS INC (PLAB) received a notice that Lee Kang Jyh (also identified as Frank K. Lee) plans to sell up to 10,000 shares of its common stock under Rule 144 through Fidelity Brokerage Services LLC.
Rhea-AI Filing Summary
PHOTRONICS INC (PLAB) received a notice that Lee Kang Jyh (also identified as Frank K. Lee) plans to sell up to 10,000 shares of its common stock under Rule 144 through Fidelity Brokerage Services LLC. The shares come from restricted stock vesting awards dated May 18, 2024 and May 18, 2026.
Positive
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Negative
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Key Figures
Shares to be sold under Rule 144: 10,000 shares
Aggregate market value of shares: $297,000.00
Shares outstanding: 58,997,167 shares
+3 more
6 metrics
Shares to be sold under Rule 144
10,000 shares
Common stock for the account of Lee Kang Jyh (Frank K. Lee)
Aggregate market value of shares
$297,000.00
Value of the 10,000 PHOTRONICS INC common shares covered by the notice
Shares outstanding
58,997,167 shares
PHOTRONICS INC common shares outstanding referenced in the notice
Restricted stock vesting 2024
1,250 shares
Common shares acquired on May 18, 2024 as compensation
Restricted stock vesting 2026
8,750 shares
Common shares acquired on May 18, 2026 as compensation
Notice date
September 22, 2026
Date the Form 144 notice was signed and submitted
Key Terms
Rule 144, restricted stock vesting, compensation
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 05/18/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
compensation financial
"1250 | 05/18/2024 | Compensation"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing mean for PHOTRONICS INC (PLAB)?
The filing states that 10,000 shares of PHOTRONICS INC common stock held for the account of Lee Kang Jyh (Frank K. Lee) may be sold under Rule 144 through Fidelity Brokerage Services LLC. It is a notice of a potential resale, not an issuance of new shares by the company.
Who is the selling security holder in this PHOTRONICS INC (PLAB) Form 144?
The notice is for the account of Lee Kang Jyh, and it remarks that Kang Jyh Lee and Frank K. Lee are one and the same person. Fidelity Brokerage Services LLC is listed as the broker handling the potential sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.