Peter S Kirlin, Photronics's Chief Executive Officer, recently acquired 42,625 shares of the company. The buys took place at prices ranging from $0.00 to $11.06 per share, on dates ranging from January 02 to January 04, 2021. Kirlin now owns 397,443 shares of the company. Kirlin operates out of Brookfield, CT. Some additional info was provided as follows:
25% of the restricted stock awards granted will vest on each anniversary date of the grant over 4 years.
The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Mr. Kirlin.
Net proceeds of sale to offset a tax liability from restricted stock vesting and to fund children's education.
This transaction was executed in multiple trades. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and the prices at which the transaction was effected.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Photronics makes a similar move, sign up!
Other recent filings from the company include the following:
EVP of Photronics just disposed of 893 shares - Oct. 5, 2021
EVP of Photronics just disposed of 3,750 shares - Oct. 5, 2021
Photronics director just disposed of 6,000 shares - Oct. 1, 2021
EVP of Photronics just disposed of 607 shares - Sept. 27, 2021
EVP of Photronics just disposed of 696 shares - Sept. 27, 2021