Photronics (NASDAQ: PLAB) holder plans sale of 10,000 shares of stock
Rhea-AI Filing Summary
Photronics shareholder Frank K. Lee filed a Form 144 notice to sell 10,000 shares of Photronics common stock through Fidelity Brokerage Services LLC, with an aggregate market value of $330,500. The company had 59,064,641 common shares outstanding, and the planned sale is listed for approximately January 12, 2026 on NASDAQ.
The 10,000 shares to be sold were acquired on January 3, 2026 through restricted stock vesting from the issuer as compensation. Over the prior three months, the same holder reported multiple sales of Photronics common shares, including 20,000 shares on December 12, 2025 and additional blocks on December 15, December 22, 2025 and in early January 2026, with disclosed gross proceeds for each transaction.
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FAQ
How many Photronics (PLAB) shares are planned for sale in this Form 144?
The notice covers a planned sale of 10,000 shares of Photronics common stock, with an aggregate market value of $330,500 as disclosed.
When are the Photronics (PLAB) shares expected to be sold and on which exchange?
The Form 144 indicates an approximate sale date of January 12, 2026, and lists NASDAQ as the securities exchange for the planned sale.
How did the seller acquire the 10,000 Photronics (PLAB) shares to be sold?
The 10,000 shares were acquired on January 3, 2026 via restricted stock vesting from the issuer, described as compensation.
Which broker is handling the planned Photronics (PLAB) share sale?
The Form 144 lists Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI 02917 as the broker for the planned sale.
How many Photronics (PLAB) shares were already sold by this holder in the past 3 months?
The notice reports several prior sales of Photronics common stock in the last three months, including 20,000 shares on December 12, 2025, 20,000 shares on December 15, 2025, 8,750 shares on December 22, 2025, and additional 8,750–10,000 share blocks on January 2, 5, 6, and 7, 2026, each with stated gross proceeds.
How many Photronics (PLAB) shares are outstanding compared to this planned sale?
The document states that 59,064,641 Photronics common shares were outstanding. The planned sale of 10,000 shares is described in that context.
Who is the selling shareholder in this Photronics (PLAB) Form 144 filing?
The selling shareholder named in the Form 144 is Frank K. Lee, who is listed as the person for whose account the Photronics common shares are to be sold.