[144] Photronics Inc SEC Filing

Rhea-AI Filing Summary

Photronics Inc. (PLAB) has received a Form 144 filing indicating that insider Frank Lee intends to sell up to 4,882 common shares on or after 06/20/2025 through Fidelity Brokerage Services on the NASDAQ. The proposed sale represents approximately 0.008 % of the company’s 60.15 million outstanding shares and is valued at roughly $89.6 k based on current market prices. Over the previous three months, Lee has already disposed of 38,118 shares for gross proceeds of $733.4 k, bringing the total disclosed selling activity to 43,000 shares. The filing states that the seller affirms awareness of no undisclosed material adverse information about the company.

Positive

• None.

Negative

• Continued insider selling—43,000 shares disclosed since March—can create a mild negative sentiment among investors despite limited quantitative impact.

Insights

Equity Analyst

TL;DR Small Form 144 sale (4,882 shares) follows prior 38k sales; negligible ownership impact, mildly negative sentiment signal.

Although Form 144 filings can flag insider sentiment shifts, the proposed transaction equates to less than 0.01 % of Photronics’ float, limiting any direct liquidity or control implications. The filer, Frank Lee, has sold a cumulative 43 k shares (~$823 k) since March, which may hint at portfolio rebalancing rather than concern over fundamentals. Because the seller certifies no undisclosed adverse information and the amount is immaterial to market cap, I view the event as neutral for valuation, with a modest negative psychological bias typical of insider disposals.

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	4882	89592.91	60150512	06/20/2025	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	06/20/2025	Options Granted - 01/04/2016	Issuer			4882	06/20/2025	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 Lee 15 Secor Road Brookfield CT 06804	Common	03/26/2025	10000	216000.00
Frank Lee 15 Secor Road Brookfield CT 06804	Common	06/18/2025	28118	517368.39

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 are being sold under this Form 144?

The filing covers 4,882 common shares valued at approximately $89,593.

What percentage of Photronics’ outstanding shares does the proposed sale represent?

The sale accounts for about 0.008 % of the company’s 60.15 million shares outstanding.

Who is the insider selling Photronics shares?

The shares are being sold for the account of Frank Lee, as identified in the filing.

Has this insider sold Photronics stock recently?

Yes. The filing lists prior sales of 38,118 shares during March and June 2025, generating $733,368 in gross proceeds.

When is the approximate sale date for the new shares?

The proposed sale is slated to begin on or about 06/20/2025.