Photronics (PLAB) director sells 20,000 shares, keeps 355,850 stake
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
Net Sell
2 txns
Insider
Lee Kang Jyh
Role
Director
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 — 355,850 shares (Direct)
Footnotes (1)
- F1. These shares were sold in multiple transactions at prices ranging from $46.04 - $46.09. The price reported is a weighted average. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
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""
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.