Photronics (PLAB) director sells 20,000 shares, keeps 355,850 stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Photronics director Lee Kang Jyh sold 20,000 shares of common stock in open-market transactions. On April 16, 2026, he sold 10,000 shares at $45.80 per share and another 10,000 shares at a weighted average price of $46.05, with individual trades between $46.04 and $46.09. After these sales, he directly holds 355,850 shares of Photronics common stock, indicating he retained a substantial equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($918,500)
Net Sell
2 txns
Insider
Lee Kang Jyh
Role
null
Sold
20,000 shs ($919K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 10,000 | $46.05 | $461K |
| Sale | COMMON STOCK | 10,000 | $45.80 | $458K |
Holdings After Transaction:
COMMON STOCK — 365,850 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 20,000 shares
First sale price: $45.80 per share
Weighted average price: $46.05 per share
+1 more
4 metrics
Total shares sold
20,000 shares
Open-market sales on April 16, 2026
First sale price
$45.80 per share
10,000-share sale of common stock
Weighted average price
$46.05 per share
10,000-share sale with trades from $46.04–$46.09
Shares held after transactions
355,850 shares
Direct ownership after reported sales
Key Terms
open-market sale, weighted average, non-derivative
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average financial
"The price reported is a weighted average."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did Photronics (PLAB) director Lee Kang Jyh report?
Director Lee Kang Jyh reported selling 20,000 shares of Photronics common stock in open-market transactions. The sales were split into two 10,000-share trades executed on April 16, 2026, at prices in the mid-$40s per share.
Were the Photronics (PLAB) insider sales open-market transactions?
Yes. The Form 4 describes both trades as open-market sales of Photronics common stock. The filing labels the transaction code as “S,” defined as a sale in the open market or a private transaction at the reported per-share prices.
Did the Photronics (PLAB) filing mention a weighted average sale price?
Yes. One 10,000-share block was sold at a weighted average price of $46.05 per share. A footnote explains the shares were sold in multiple trades between $46.04 and $46.09, and detailed trade data is available upon request.