CEO/Chairman's Trust Files Intent to Sell $4.76M in Shares Near 52-Week High
PLAB has more than doubled off its 52-week low of $16.458.
Summary
A trust controlled by Photronics' Chairman and CEO, George Macricostas, has filed an intent to sell 109,194 shares of common stock, valued at approximately $4.76 million, while the stock trades near its 52-week high.
Key Events · Ownership and Investor Activity · PLAB
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Proposed Sale by CEO/Chairman's Trust
The George Macricostas 2013 Trust, controlled by the Chairman and CEO, filed an intent to sell 109,194 shares of Photronics common stock, with an approximate market value of $4,756,490.64.
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Timing Near 52-Week Highs
This proposed insider sale occurs as Photronics' stock is trading near its 52-week high, suggesting the insider may be capitalizing on favorable market conditions.
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Contributes to Insider Selling Trend
This filing adds to a pattern of insider distribution at Photronics, with net insider sales totaling over $1.59 million in the last 90 days.
Analysis · PLAB · Manufacturing
The filing of intent to sell a substantial block of shares by a trust associated with the Chairman and CEO, George Macricostas, signals a significant insider disposition. The proposed sale of approximately $4.76 million in stock, occurring while the company's shares are trading near their 52-week high, could be interpreted as profit-taking. This event adds to a broader trend of insider selling at Photronics, which has seen over $1.59 million in net insider sales over the past 90 days, potentially creating an overhang on the stock.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 29.5% of the 1672 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.22%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PLAB was trading at $43.21 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $16.46 to $45.40. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.