Lee Kang Jyh 4

What Happened
Lee Kang Jyh, a director of Photronics, reported the sale of 10,000 shares on March 19, 2026. The shares were disposed of at approximately $35.80 per share for a total of about $358,000. This was a sale (code S), which is typically a routine insider disposition rather than a company-financing or compensation event.

Key Details

• Transaction date: March 19, 2026. Report filed with the SEC on March 24, 2026 (filed 5 days after the trade date).
• Price(s): Reported price range $35.80–$35.83; filing notes the shares were sold in multiple transactions.
• Shares sold: 10,000; Gross value ≈ $358,000 (based on $35.80).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Seller states the shares were sold in multiple trades at $35.80–$35.83 and will provide a breakdown of how many shares were sold at each price upon request.
• Timeliness: The Form 4 was filed several days after the trade (later than the usual 2-business-day requirement), which reduces disclosure timeliness.

Context
Sales by directors can be routine (diversification, personal liquidity, tax reasons) and do not on their own signal a change in company fundamentals; purchases generally convey stronger positive signals. This transaction was a straightforward sale of previously held shares (not an option exercise, award, or gift). The multiple-trade detail and late filing are noted in the filing and may be of interest to investors tracking insider activity.