STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
144

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

  • None.

Negative

  • None.
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
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.

How many PLAB shares are covered by this Rule 144 notice?

The notice covers 10,000 shares of PHOTRONICS INC common stock. These consist of 1,250 shares from restricted stock vesting on May 18, 2024 and 8,750 shares from restricted stock vesting on May 18, 2026.

What is the approximate value of the PLAB shares in this Form 144?

The Form 144 lists an aggregate market value of $297,000.00 for the 10,000 shares of PHOTRONICS INC common stock that may be sold. This value is based on the market price used in the notice.

What portion of PHOTRONICS INC’s outstanding shares does this sale represent?

The notice shows 58,997,167 shares of PHOTRONICS INC common stock outstanding. The 10,000 shares covered by the Form 144 represent only a small fraction of that outstanding amount.

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.

When were the PLAB shares to be sold under this Form 144 acquired?

The shares were acquired through restricted stock vesting from the issuer as compensation. 1,250 shares vested on May 18, 2024, and 8,750 shares vested on May 18, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Keep reading