PLAB (NASDAQ: PLAB) affiliate notifies sale of 10,000 common shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
PLAB affiliate filed a Form 144 reporting a proposed sale of 10,000 common shares. The filing shows 10,000 shares sold on 04/01/2026 with proceeds of $420,841.14. The reported holdings arise from restricted stock vesting on 01/02/2022, 01/03/2022, and 01/02/2023.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed/sold: 10,000 shares
Reported proceeds: $420,841.14
Restricted stock grants vesting: 5,375; 1,750; 2,875 shares
3 metrics
Shares proposed/sold
10,000 shares
Sale reported on <date>04/01/2026</date>
Reported proceeds
$420,841.14
Proceeds from 10,000-share sale on <date>04/01/2026</date>
Restricted stock grants vesting
5,375; 1,750; 2,875 shares
Vesting dates 01/02/2022, 01/03/2022, 01/02/2023
Key Terms
Form 144, Restricted Stock Vesting, Fidelity Brokerage Services, LLC
3 terms
Form 144 regulatory
"Filed notice reporting sale of 10,000 common shares"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Entries listing vesting on 01/02/2022, 01/03/2022, 01/02/2023"
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.
Fidelity Brokerage Services, LLC other
"Broker listed: Fidelity Brokerage Services, LLC 900 Summer Street"
FAQ
What did PLAB's Form 144 disclose?
The Form 144 discloses a proposed sale of 10,000 common shares. It records a sale dated 04/01/2026 with reported proceeds of $420,841.14, and notes the shares stem from restricted stock vesting in 2022–2023.
Who is the selling party in the PLAB Form 144 filing?
The filing lists an affiliated broker and a named individual, David Wang, with an address in Brookfield, CT. The transaction was processed through Fidelity Brokerage Services as shown on the Form 144 excerpt.
Does PLAB receive proceeds from the reported sale?
The Form 144 excerpt attributes the shares to a selling affiliate and shows proceeds to the seller; it does not state that PLAB will receive proceeds, consistent with resale of affiliate-held shares.