MACRICOSTAS GEORGE 4
Research Summary
AI-generated summary
Photronics (PLAB) CEO George Macricostas Sells 121,194 Shares
What Happened
- George Macricostas, CEO of Photronics, sold a total of 121,194 shares in open-market transactions on April 8, 2026, for roughly $5.20 million.
- Trades broken down: 6,500 shares @ $43.27 for $281,255; 5,500 shares @ $43.28 for $238,040; 109,194 shares @ $42.90 for $4,684,423.
- This was a sale (S) — not a purchase or option exercise. Sales by executives are common and can be routine; this summary reports facts only and does not infer motivation.
Key Details
- Transaction date: 2026-04-08; filing date: 2026-04-10 (appears timely).
- Prices and amounts: 6,500 @ $43.27; 5,500 @ $43.28; 109,194 @ $42.90.
- Total proceeds: approximately $5,203,718.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4.
- No 10b5-1 plan, tax-withholding, or other footnotes were included in the provided details.
Context
- Open-market sales are often used for liquidity, diversification, or tax planning; they do not necessarily indicate the insider’s view of the company’s prospects.
- Purchases generally carry more weight as a bullish signal; this filing documents a significant insider sale.