Photronics (NASDAQ: PLAB) COO sells 19,250 shares at $45.30 average
Rhea-AI Filing Summary
Photronics Inc. senior vice president and COO Hsueh-Chun Wang sold common stock in an open-market transaction. On this date, Wang sold 19,250 shares of Photronics common stock at a weighted average price of $45.30 per share, in multiple trades between $45.22 and $45.45.
After the sale, Wang directly owned 113,560 Photronics shares. The filing notes that detailed trade-by-trade pricing within the reported range is available upon request from the company, the SEC staff, or any Photronics security holder.
Positive
- None.
Negative
- None.
Insights
Photronics COO executes moderate open-market share sale while retaining a sizable stake.
The filing shows SVP/COO Hsueh-Chun Wang sold 19,250 Photronics common shares in an open-market transaction at a weighted average of $45.30, across a price range of $45.22–$45.45. The transaction is clearly labeled as a sale, not an option exercise or tax withholding.
Following the sale, Wang still directly holds 113,560 shares, so the disposition represents only part of the visible equity position. The footnote clarifies that the price is a weighted average and that full trade-level pricing within the range is available on request, which is standard transparency for multi-lot insider sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 19,250 | $45.30 | $872K |
Footnotes (1)
- F1. These shares were sold in multiple transactions at prices ranging from $45.22 - $45.45. 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
Key Terms
open-market sale financial
weighted average financial
COMMON STOCK financial
transaction code "S" regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.