Lee Kang Jyh, a director at Photronics Inc, sold 10,000 shares of the company's common stock on September 29, 2026. The shares were sold at an average price of $30.75 each. This transaction is significant as it highlights ongoing activity within the semiconductor industry, where Photronics operates.
Background
Photronics Inc, identified by the Central Index Key (CIK) 0000810136, is a prominent player in the semiconductor and related devices sector. The company is incorporated in Connecticut and has a fiscal year ending on October 31. Recent filings show that Lee Kang Jyh has been active in trading shares, with multiple transactions reported in September 2026.
What the Filing Says
"These shares were sold in multiple transactions at prices ranging from $30.75 to $30.78. The price reported is a weighted average."
Impact
This sale may affect shareholders and potential investors in Photronics Inc as it reflects the trading behavior of a company director. The semiconductor industry may also see similar trading patterns as market conditions evolve.
What's Next
The filing does not say what happens next.
Transaction Details
In this transaction, Lee Kang Jyh sold a total of 10,000 shares of common stock, which leaves him with 337,350 shares owned following the transaction. The shares were sold in multiple transactions at prices ranging from $30.75 to $30.78, indicating a slight fluctuation in the selling price during the trading period.
Ownership Structure
Lee Kang Jyh is identified as a director of Photronics Inc, and his ownership of shares is classified as direct ownership. The filing does not indicate any involvement as an officer or a ten percent owner, emphasizing his role solely as a director.
Legal Representation
The filing was signed by Brandon DeSocio, who acted as attorney-in-fact for Lee Kang Jyh, indicating that the transaction was conducted under proper legal representation.
Additional Context
The filing does not provide information on the reasons behind the sale, nor does it include any insights into Lee Kang Jyh's future intentions regarding his remaining shares or other potential transactions.