Photronics (NASDAQ: PLAB) SVP trims stake with 10,000-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Photronics Inc. senior vice president and COO Hsueh-Chun Wang reported an open-market sale of common stock. On April 8, 2026, Wang sold 10,000 shares at a weighted average price of $42.69 per share, executed in multiple trades between $42.66 and $42.75.
After this transaction, Wang directly holds 144,685 shares of Photronics common stock, indicating this was a relatively small reduction in their overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($426,900)
Net Sell
1 txn
Insider
Wang Hsueh-Chun
Role
SVP/COO IC & US/EU Mnstrm Ops
Sold
10,000 shs ($427K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 10,000 | $42.69 | $427K |
Holdings After Transaction:
COMMON STOCK — 144,685 shares (Direct)
Footnotes (1)
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Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $42.69 per share
Sale price range: $42.66–$42.75 per share
+1 more
4 metrics
Shares sold
10,000 shares
Open-market sale on April 8, 2026
Weighted average sale price
$42.69 per share
Common stock sale on April 8, 2026
Sale price range
$42.66–$42.75 per share
Multiple transactions, as noted in footnote
Shares held after transaction
144,685 shares
Direct ownership following April 8, 2026 sale
Key Terms
open-market sale, weighted average, Form 4
3 terms
open-market sale financial
"reported an open-market sale of common stock"
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.
Form 4 regulatory
"The sale was disclosed on Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Photronics (PLAB) report for Hsueh-Chun Wang?
Photronics reported that SVP/COO Hsueh-Chun Wang sold 10,000 shares of common stock in an open-market transaction. The sale was disclosed on Form 4 and reflects a routine portfolio move rather than a complete exit from holdings.
What does the Form 4 footnote say about the Photronics (PLAB) insider trade prices?
The footnote explains that the 10,000 shares were sold in multiple transactions with prices ranging from $42.66 to $42.75. The $42.69 figure reported on Form 4 is a weighted average, and full trade-by-trade details are available upon request.
Is the Photronics (PLAB) insider sale a direct or indirect holding transaction?
The Form 4 identifies the 10,000-share sale by Hsueh-Chun Wang as a direct ownership transaction. The ownership code is listed as “D” for direct, with no indication that the shares were held through a separate entity or trust.