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[144] PHOTRONICS INC SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Form 144 filed for Photronics, Inc. (PLAB) reports a proposed sale of 42,750 common shares with an aggregate market value of $1,026,000 via Fidelity Brokerage Services, expected on or about 10/02/2025. The filing states there are 59,004,625 shares outstanding, so the proposed sale represents a small fraction of the company.

The 42,750 shares were acquired through restricted stock vesting between January 2020 and April 2023 in scheduled tranches and were issued as compensation. The filer certifies they do not possess undisclosed material adverse information.

Positive
  • None.
Negative
  • None.

Insights

Routine insider sale flagged: modest size relative to float, sourced from vested compensation.

The filing discloses a proposed sale of 42,750 common shares valued at $1,026,000 through Fidelity, representing roughly 0.07% of the 59,004,625 shares outstanding. All shares originated from scheduled restricted stock vesting between 2020 and 2023 and were granted as compensation. For market impact, this size is immaterial to overall supply. The disclosure is complete for a Rule 144 notice: sale amount, broker, acquisition dates, and nature of acquisition are provided.

Disclosure aligns with compliance norms; transaction appears to be monetization of vested compensation, not a sudden divestiture.

The filer documents tranche-by-tranche vesting from the issuer over multiple years, totaling the exact number of shares proposed for sale, and affirms no undisclosed material information. The use of a standard broker and a formal Rule 144 notice suggests adherence to disclosure and trading controls. No indications of accelerated or atypical transfers are present in the filing.

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

FAQ

What does Photronics (PLAB) Form 144 disclose about the proposed sale?

The Form 144 discloses a proposed sale of 42,750 common shares with an aggregate market value of $1,026,000, via Fidelity, approximately on 10/02/2025.

How were the shares that are being sold acquired?

All shares were acquired through restricted stock vesting granted by the issuer between January 2020 and April 2023 and were issued as compensation.

What fraction of Photronics' outstanding shares does the sale represent?

The filing lists 59,004,625 shares outstanding; the 42,750 shares represent approximately 0.07% of outstanding shares.

Which broker is handling the proposed sale?

The broker named in the filing is Fidelity Brokerage Services LLC located in Smithfield, RI.

Did the filer report any securities sold in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.
Photronics Inc

NASDAQ:PLAB

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1.20B
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Semiconductor Equipment & Materials
Semiconductors & Related Devices
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United States
BROOKFIELD