Lee Kang Jyh 4

What Happened
Lee Kang Jyh, a director of Photronics, sold a total of 20,000 shares in open-market transactions on April 16, 2026. The filing reports two disposals of 10,000 shares each: one at $46.05 ($460,500) and one at $45.80 ($458,000), for aggregate proceeds of approximately $918,500. These were sales (not purchases), which are often routine liquidity events rather than endorsements of company prospects.

Key Details

• Transaction date: 2026-04-16 (open-market sales)
• Reported prices/amounts: 10,000 shares @ $46.05 ($460,500); 10,000 shares @ $45.80 ($458,000)
• Total shares sold: 20,000; total proceeds ≈ $918,500
• Shares owned after transaction: not specified in the provided filing
• Footnote: The first reported price is a weighted average; the shares were sold in multiple transactions at prices ranging $46.04–$46.09. The reporting person will provide per-price breakdown upon request (see footnote F1).
• Filing timeliness: Report filed 2026-04-20 for a 2026-04-16 transaction; filing appears timely under Form 4 requirements (filed within the allowed business-day window)
• No 10b5-1 plan, tax-withholding, or other special codes are disclosed in the supplied details

Context
Sales by directors can reflect routine portfolio management or personal liquidity needs and do not, by themselves, indicate a change in the company’s fundamentals. This filing shows ordinary open-market disposals (transaction code S) rather than option exercises, gifts, or awards.