[144] Photronics Inc SEC Filing

Rhea-AI Filing Summary

Photronics, Inc. (PLAB) Form 144 reports a proposed sale of 8,750 common shares through Fidelity Brokerage valued at $203,031.56, with an approximate sale date of 08/29/2025 on NASDAQ. The shares were acquired by the seller via restricted stock vesting on 05/18/2025 and paid as compensation. The filing also discloses two prior sales by the same person, totaling 33,000 shares sold in June 2025 for combined gross proceeds of $606,961.39. The filer certifies no undisclosed material adverse information about the issuer.

Positive

• None.

Negative

• Insider sales disclosed: 33,000 shares sold in June 2025 for $606,961.39, and a proposed sale of 8,750 shares valued at $203,031.56.
• Securities originated from compensation: Recent shares to be sold were acquired via restricted stock vesting on 05/18/2025, indicating salary/compensation monetization which may increase selling pressure.

Insights

Corporate Governance Expert

TL;DR: Insider sold vested compensation shares; routine but worth monitoring for timing and magnitude.

The filing shows a recent restricted stock vesting followed by planned resale of 8,750 shares and prior June dispositions totaling 33,000 shares. This pattern is consistent with monetizing compensation rather than signalling undisclosed company issues, particularly because the signer affirms no material nonpublic information. However, repeated insider sales in a short period can affect market perception and should be reviewed relative to total insider ownership and any trading plans.

Securities Analyst

TL;DR: Proposed sale is modest in value versus likely market cap; impact appears neutral absent other disclosures.

The proposed 8,750-share sale valued at about $203k and prior June sales of roughly $607k are concrete cash realizations by the insider. The acquisition source is explicitly compensation via restricted stock vesting, not open-market purchase, which reduces concerns about opportunistic trading. Without concurrent operational disclosures or unusual volume relative to float, the transaction itself is informational rather than materially adverse.

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	8750	203031.56	60150512	08/29/2025	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	05/18/2025	Restricted Stock Vesting	Issuer			8750	05/18/2025	Compensation

* 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	06/18/2025	28118	517368.39
Frank K. Lee 15 Secor Road Brookfield CT 06804	Common	06/20/2025	4882	89593.00

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

What does PLAB Form 144 filed for Photronics mean?

The form notifies the SEC of a proposed sale of 8,750 common shares valued at $203,031.56, to be sold on 08/29/2025 through Fidelity on NASDAQ.

Who acquired the shares and how were they obtained?

The shares were acquired by the seller on 05/18/2025 through restricted stock vesting from the issuer and paid as compensation.

Has the same person sold shares recently?

Yes. The filer previously sold 28,118 shares on 06/18/2025 for $517,368.39 and 4,882 shares on 06/20/2025 for $89,593.00.

On which exchange will the proposed sale occur?

The proposed sale is reported to occur on NASDAQ via Fidelity Brokerage Services LLC.

Does the filer claim any undisclosed material information?

The signer represents that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.