Nasdaq · CIK 0000810136
PLAB PHOTRONICS INC
Insider trading from SEC Form 4. Last filing 11 d ago. Close $29.62 on Oct 9, 2026, +46% from the 52-week low and -46% from the high.
PHOTRONICS INC (PLAB) has 75 SEC Form 4 filings on file from 16 insiders, the latest filed on Oct 2, 2026. In the last 90 days insiders made 0 open-market buys worth $0 and 4 open-market sells worth $1.1M, net -$1.1M.
50 open-market trades have been scored at PLAB. The newest: Kang Jyh Lee (CHIEF EXECUTIVE OFFICER) sold $308k of stock on Sep 29, 2026, filed Oct 1, 2026, scored 37 (weak). The largest of the 50 shown: Christopher J Progler (EVP, Chief Technology Officer) sold $1.6M on Dec 19, 2024, scored 50 (moderate). 2 insiders sold within 14 days of each other around Sep 29, 2026.
PLAB closed at $29.62 on Oct 9, 2026, 46% above its 52-week low and 46% below its 52-week high.
25 Form 144 notices of planned sales are on file, the latest filed Dec 22, 2025.
Last 90 days
Net insider value
-$1.1M
more sold than bought
Buys
0
$0 by 0 insiders
Sells
4
$1.1M by 2 insiders
Insiders on file
16
with a Form 4 at this company
Price and insider trades, last year
PLABOct 9, 2026 · close 29.62
Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™
Signals
Open-market buys and sells at PHOTRONICS INC, scored.
| Score | Insider | Value | Holdings | Price context | Filed |
|---|---|---|---|---|---|
| 37Weak | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $308k 10,000 shares | -3% | +53% from low-43% from high | |
| 42Moderate | Han Kyung Park SVP & GM of FPD Ops sell | $289k 9,500 shares | -13% | +50% from low-45% from high | |
| 35Weak | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $221k 7,500 shares | -2% | +47% from low-46% from high | |
| 37Weak | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $297k 10,000 shares | -3% | +50% from low-45% from high | |
| 12Weak | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $204k 5,000 shares | -1% | +138% from low-9% from high | |
| 31Weak | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $390k 10,000 shares | -3% | +135% from low-10% from high | |
| 30Weak | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $358k 10,000 shares | -2% | +121% from low-15% from high | |
| 45Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $345k 10,000 shares | -2% | +107% from low-13% from high | |
| 52Moderate | Han Kyung Park SVP & GM of FPD Ops sell | $471k 13,750 shares | -15% | +100% from low-16% from high | |
| 45Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $341k 10,000 shares | -2% | +105% from low-14% from high | |
| 45Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $344k 10,000 shares | -2% | +100% from low-16% from high | |
| 45Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $331k 10,000 shares | -2% | +102% from low-15% from high | |
| 45Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $348k 10,000 shares | -2% | +109% from low-12% from high | |
| 51Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $693k 20,000 shares | -4% | +100% from low-16% from high | |
| 47Moderate | Mitchell G Tyson director sell | $176k 5,000 shares | -10% | +111% from low-11% from high | |
| 56Moderate | Mary Paladino director sell | $395k 11,250 shares | -32% | +111% from low-11% from high | |
| 44Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $293k 8,750 shares | -2% | +100% from low-16% from high | |
| 44Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $300k 8,750 shares | -2% | +106% from low-13% from high | |
| 40Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $1.5M 40,000 shares | -8% | +117% from low-8% from high | |
| 53Moderate | Han Kyung Park SVP & GM of FPD Ops sell | $522k 13,750 shares | -13% | +117% from low-8% from high | |
| 42Moderate | Mitchell G Tyson director sell | $181k 5,000 shares | -10% | +117% from low-8% from high | |
| 59Moderate | Christopher J Progler EVP, Chief Technology Officer sell | $895k 25,000 shares | -13% | +117% from low-8% from high | |
| 23Weak | Christopher J Progler EVP, Chief Technology Officer sell | $225k 10,000 shares | -5% | +34% from low-20% from high | |
| 41Moderate | Mitchell G Tyson director sell | $125k 5,000 shares | -9% | +39% from low-17% from high | |
| 43Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $253k 10,000 shares | -2% | +50% from low-11% from high | |
| 75Notable | Mary Paladino director sell | $1.0M 42,750 shares | -56% | +47% from low-12% from high | |
| 50Moderate | Han Kyung Park SVP & GM of FPD Ops sell | $330k 15,000 shares | -13% | +31% from low-22% from high | |
| 22Weak | Christopher J Progler EVP, Chief Technology Officer sell | $219k 10,000 shares | -5% | +32% from low-22% from high | |
| 42Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $203k 8,750 shares | -2% | +36% from low-19% from high | |
| 7Weak | Christopher J Progler EVP, Chief Technology Officer sell | $211k 10,000 shares | -5% | +26% from low-25% from high | |
| 42Moderate | Mitchell G Tyson director sell | $300k 15,000 shares | -21% | +19% from low-29% from high | |
| 69Notable | Constantine S Macricostas director sell | $596k 29,500 shares | -100% | +21% from low-28% from high | |
| 36Weak | David A. Garcia director buy | $50k 2,650 shares | +35% | +12% from low-33% from high | |
| 17Weak | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $90k 4,882 shares | -1% | +9% from low-35% from high | |
| 26Weak | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $517k 28,118 shares | -5% | +9% from low-35% from high | |
| 57Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $432k 20,000 shares | -4% | +8% from low-24% from high | |
| 22Weak | Christopher J Progler EVP, Chief Technology Officer sell | $216k 10,000 shares | -4% | +9% from low-23% from high | |
| 40Moderate | Walter M Fiederowicz other sell | $224k 12,548 shares | -72% | +6% from low-36% from high | |
| 29Weak | Walter M Fiederowicz other sell | $132k 7,000 shares | -29% | +15% from low-31% from high | |
| 31Weak | Walter M Fiederowicz other sell | $96k 5,000 shares | -17% | 0% from low-35% from high | |
| 52Moderate | Walter M Fiederowicz director sell | $216k 10,000 shares | -25% | +8% from low-23% from high | |
| 48Moderate | Walter M Fiederowicz director sell | $241k 10,000 shares | -24% | - | |
| 48Moderate | Walter M Fiederowicz director sell | $240k 10,000 shares | -17% | - | |
| 56Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $420k 17,500 shares | -3% | - | |
| 43Moderate | Han Kyung Park SVP & GM of FPD Ops sell | $268k 11,250 shares | -10% | - | |
| 58Moderate | Adam M Lewis director sell | $476k 19,750 shares | -47% | - | |
| 52Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $213k 8,750 shares | -2% | - | |
| 43Moderate | Kang Jyh Lee CHIEF EXECUTIVE OFFICER sell | $505k 20,000 shares | -4% | - | |
| 50Moderate | Christopher J Progler EVP, Chief Technology Officer sell | $1.6M 63,000 shares | -26% | - | |
| 53Moderate | Mitchell G Tyson director sell | $501k 20,000 shares | -23% | - |
Planned sales
Form 144 notices filed before a sale of restricted or control stock, newest first. The sale itself usually reaches a Form 4 within days. All planned sales
| Filed | Seller | Shares | Value | Sale date | Past 3 months |
|---|---|---|---|---|---|
| Dec 22, 2025 | Lee Kang Jyh Officer, Director | 8,750 0.01% of outstanding | $300k | Dec 22, 2025 | $1.8M |
| Dec 15, 2025 | Lee Kang Jyh Officer, Director | 20,000 0.03% of outstanding | $729k | Dec 15, 2025 | $1.0M |
| Dec 12, 2025 | Lee Kang Jyh Officer, Director | 20,000 0.03% of outstanding | $771k | Dec 12, 2025 | $253k |
| Dec 12, 2025 | Park Han Kyung Officer | 13,750 0.02% of outstanding | $522k | Dec 12, 2025 | none |
| Dec 12, 2025 | TYSON MITCHELL G Director | 5,000 0.01% of outstanding | $181k | Dec 12, 2025 | $125k |
| Dec 12, 2025 | Progler Christopher J Officer | 25,000 0.04% of outstanding | $895k | Dec 12, 2025 | $225k |
| Dec 1, 2025 | Progler Christopher J Officer | 10,000 0.02% of outstanding | $227k | Dec 1, 2025 | $219k |
| Oct 7, 2025 | TYSON MITCHELL G Director | 5,000 0.01% of outstanding | $125k | Oct 7, 2025 | $300k |
| Oct 6, 2025 | Lee Kang Jyh Officer, Director | 10,000 0.02% of outstanding | $253k | Oct 6, 2025 | $203k |
| Oct 2, 2025 | Paladino Mary Director | 42,750 0.07% of outstanding | $1.0M | Oct 2, 2025 | none |
| Sep 3, 2025 | Park Han Kyung Officer | 15,000 0.02% of outstanding | $330k | Sep 3, 2025 | none |
| Sep 2, 2025 | Progler Christopher J Officer | 10,000 0.02% of outstanding | $219k | Sep 2, 2025 | $211k |
| Aug 29, 2025 | Lee Kang Jyh Officer, Director | 8,750 0.01% of outstanding | $203k | Aug 29, 2025 | $607k |
| Jul 28, 2025 | Progler Christopher J Officer | 10,000 0.02% of outstanding | $211k | Jul 28, 2025 | none |
| Jul 10, 2025 | TYSON MITCHELL G Director | 15,000 0.02% of outstanding | $300k | Jul 10, 2025 | none |
| Jul 3, 2025 | MACRICOSTAS CONSTANTINE S Director | 29,500 0.05% of outstanding | $600k | Jul 2, 2025 | none |
| Jun 20, 2025 | Lee Kang Jyh Officer, Director | 4,882 0.01% of outstanding | $90k | Jun 20, 2025 | $733k |
| Jun 18, 2025 | Lee Kang Jyh Officer, Director | 28,118 0.05% of outstanding | $517k | Jun 18, 2025 | $432k |
| Apr 17, 2025 | WALTER FIEDEROWICZ Director | 5,000 0.01% of outstanding | $89k | Apr 17, 2025 | $444k |
| Apr 15, 2025 | FIEDEROWICZ WALTER M Director | 7,548 0.01% of outstanding | $135k | Apr 15, 2025 | $444k |
| Apr 9, 2025 | WALTER FIEDEROWICZ Director | 7,000 0.01% of outstanding | $132k | Apr 9, 2025 | $312k |
| Apr 3, 2025 | WALTER FIEDEROWICZ Director | 5,000 0.01% of outstanding | $96k | Apr 3, 2025 | $216k |
| Apr 1, 2025 | MACRICOSTAS CONSTANTINE S Director | 29,500 0.05% of outstanding | $600k | Apr 1, 2025 | none |
| Mar 26, 2025 | Lee Kang Jyh Officer, Director | 10,000 0.02% of outstanding | $216k | Mar 26, 2025 | $1.6M |
| Mar 25, 2025 | WALTER FIEDEROWICZ Director | 10,000 0.02% of outstanding | $216k | Mar 25, 2025 | $241k |
Transactions
The newest 50 of 115 rows filed, every code.
| Date | Insider | Transaction | Shares | Price | Value | Holdings after | Filed |
|---|---|---|---|---|---|---|---|
| Oct 1, 2026 | Rui Zhang VP, CAO & Corporate Controller | FTax withholding COMMON STOCK | -392 | $30.83 | $12k | 26,687 | 11 d ago |
| Oct 1, 2026 | Eric Rivera President, CFO | FTax withholding COMMON STOCK | -2,897 | $30.83 | $89k | 133,276 | 11 d ago |
| Sep 29, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $30.75 | $308k | 337,350 | 12 d ago |
| Sep 25, 2026 | Han Kyung Park SVP & GM of FPD Ops | SOpen-market sale COMMON STOCK | -9,500 | $30.37 | $289k | 66,000 | 14 d ago |
| Sep 24, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -7,500 | $29.50 | $221k | 347,350 | 15 d ago |
| Sep 22, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $29.70 | $297k | 354,850 | 19 d ago |
| Apr 13, 2026 | Michelle Almeida director | AGrant or award COMMON STOCK | +3,722 | $0.00 | $0 | 4,956 | Apr 15, 2026 |
| Apr 13, 2026 | David A. Garcia director | AGrant or award COMMON STOCK | +3,722 | $0.00 | $0 | 15,192 | Apr 15, 2026 |
| Mar 26, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | MOption exercise COMMON STOCK | +5,000 | $10.75 | $54k | 390,850 | Mar 30, 2026 |
| Mar 26, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -5,000 | $40.80 | $204k | 385,850 | Mar 30, 2026 |
| Mar 26, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | MOption exercise PHOTRONICS STOCK OPTIONSderivative | -5,000 | $0.00 | $0 | 5,000 | Mar 30, 2026 |
| Mar 23, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $39.00 | $390k | 385,850 | Mar 25, 2026 |
| Mar 19, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $35.80 | $358k | 400,850 | Mar 24, 2026 |
| Feb 9, 2026 | Rui Zhang VP, CAO & Corporate Controller | AGrant or award COMMON STOCK | +1,467 | $0.00 | $0 | 33,387 | Feb 11, 2026 |
| Feb 9, 2026 | Todd Anthony Alesio SVP, CAO | AGrant or award COMMON STOCK | +983 | $0.00 | $0 | 17,946 | Feb 11, 2026 |
| Feb 9, 2026 | Eric Rivera President, CFO | AGrant or award COMMON STOCK | +22,641 | $0.00 | $0 | 177,690 | Feb 11, 2026 |
| Jan 20, 2026 | Daniel JL Liao director | AGrant or award COMMON STOCK | +1,234 | $0.00 | $0 | 68,782 | Jan 22, 2026 |
| Jan 20, 2026 | Michelle Almeida director | AGrant or award COMMON STOCK | +1,234 | $0.00 | $0 | 1,234 | Jan 22, 2026 |
| Jan 16, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $34.51 | $345k | 410,850 | Jan 20, 2026 |
| Jan 13, 2026 | Han Kyung Park SVP & GM of FPD Ops | SOpen-market sale COMMON STOCK | -7,500 | $33.70 | $253k | 81,750 | Jan 20, 2026 |
| Jan 16, 2026 | Han Kyung Park SVP & GM of FPD Ops | SOpen-market sale COMMON STOCK | -6,250 | $34.89 | $218k | 75,500 | Jan 20, 2026 |
| Jan 15, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $34.13 | $341k | 415,850 | Jan 16, 2026 |
| Jan 13, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $34.42 | $344k | 425,850 | Jan 15, 2026 |
| Jan 12, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $33.05 | $331k | 435,850 | Jan 14, 2026 |
| Jan 7, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $34.83 | $348k | 445,850 | Jan 9, 2026 |
| Jan 3, 2026 | George Macricostas CEO | AGrant or award COMMON STOCK | +177,432 | $0.00 | $0 | 455,262 | Jan 7, 2026 |
| Jan 3, 2026 | Constantine S Macricostas director | AGrant or award COMMON STOCK | +1,272 | $0.00 | $0 | 460,895 | Jan 7, 2026 |
| Jan 3, 2026 | Eric Rivera EVP, CFO | AGrant or award COMMON STOCK | +40,407 | $0.00 | $0 | 155,049 | Jan 7, 2026 |
| Jan 3, 2026 | Hsueh-Chun Wang SVP/COO IC & US/EU Mnstrm Ops | AGrant or award COMMON STOCK | +28,435 | $0.00 | $0 | 164,685 | Jan 7, 2026 |
| Jan 3, 2026 | Han Kyung Park SVP & GM of FPD Ops | AGrant or award COMMON STOCK | +23,945 | $0.00 | $0 | 113,195 | Jan 7, 2026 |
| Jan 3, 2026 | Mitchell G Tyson director | AGrant or award COMMON STOCK | +1,272 | $0.00 | $0 | 48,199 | Jan 7, 2026 |
| Jan 3, 2026 | Mary Paladino director | AGrant or award COMMON STOCK | +1,272 | $0.00 | $0 | 35,070 | Jan 7, 2026 |
| Jan 5, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $33.90 | $339k | 465,850 | Jan 7, 2026 |
| Jan 3, 2026 | David A. Garcia director | AGrant or award COMMON STOCK | +1,272 | $0.00 | $0 | 11,470 | Jan 7, 2026 |
| Jan 3, 2026 | Adam M Lewis director | AGrant or award COMMON STOCK | +1,272 | $0.00 | $0 | 31,070 | Jan 7, 2026 |
| Jan 6, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -10,000 | $35.41 | $354k | 455,850 | Jan 7, 2026 |
| Jan 6, 2026 | Mitchell G Tyson director | SOpen-market sale COMMON STOCK | -5,000 | $35.21 | $176k | 43,199 | Jan 7, 2026 |
| Jan 6, 2026 | Mary Paladino director | SOpen-market sale COMMON STOCK | -11,250 | $35.11 | $395k | 23,820 | Jan 7, 2026 |
| Jan 2, 2026 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -8,750 | $33.54 | $293k | 475,850 | Jan 6, 2026 |
| Oct 14, 2025 | Eric Rivera EVP, CFO | AGrant or award COMMON STOCK | +882 | $19.83 | $17k | 120,697 | Jan 6, 2026 |
| Jan 2, 2026 | Eric Rivera EVP, CFO | FTax withholding COMMON STOCK | -686 | $33.41 | $23k | 120,011 | Jan 6, 2026 |
| Jan 2, 2026 | Eric Rivera EVP, CFO | FTax withholding COMMON STOCK | -1,372 | $33.41 | $46k | 118,639 | Jan 6, 2026 |
| Jan 2, 2026 | Eric Rivera EVP, CFO | FTax withholding COMMON STOCK | -1,019 | $33.41 | $34k | 117,620 | Jan 6, 2026 |
| Jan 2, 2026 | Eric Rivera EVP, CFO | FTax withholding COMMON STOCK | -2,978 | $33.41 | $99k | 114,642 | Jan 6, 2026 |
| Dec 22, 2025 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -8,750 | $34.31 | $300k | 484,600 | Dec 23, 2025 |
| Dec 12, 2025 | Christopher J Progler EVP, Chief Technology Officer | SOpen-market sale Common Stock | -25,000 | $35.78 | $895k | 165,591 | Dec 16, 2025 |
| Dec 12, 2025 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | SOpen-market sale COMMON STOCK | -20,000 | $38.53 | $771k | 493,350 | Dec 16, 2025 |
| Dec 12, 2025 | Han Kyung Park SVP & GM of FPD Ops | SOpen-market sale COMMON STOCK | -13,750 | $37.99 | $522k | 89,250 | Dec 16, 2025 |
| Dec 12, 2025 | Mitchell G Tyson director | SOpen-market sale COMMON STOCK | -5,000 | $36.17 | $181k | 46,927 | Dec 16, 2025 |
| Dec 15, 2025 | Kang Jyh Lee CHIEF EXECUTIVE OFFICER | MOption exercise COMMON STOCK | +20,000 | $11.35 | $227k | 513,350 | Dec 16, 2025 |
50 of 115 rows shown.
Insiders
Everyone who has filed a Form 4 here.
- Todd Anthony AlesioSVP, CAO
- Michelle Almeidadirector
- Walter M Fiederowiczdirector, other
- David A. Garciadirector
- Adam M Lewisdirector
- Kang Jyh LeeCHIEF EXECUTIVE OFFICER
- Daniel JL Liaodirector
- Constantine S Macricostasdirector
- George MacricostasCEO
- Mary Paladinodirector
- Han Kyung ParkSVP & GM of FPD Ops
- Christopher J ProglerEVP, Chief Technology Officer
- Eric RiveraPresident, CFO
- Mitchell G Tysondirector
- Hsueh-Chun WangSVP/COO IC & US/EU Mnstrm Ops
- Rui ZhangVP, CAO & Corporate Controller
Questions about PLAB
Answered from the filings on this page, as of the latest one.
Are insiders buying PLAB?
As of Oct 2, 2026, SEC Form 4 filings show 0 open-market buys worth $0 by 0 insiders and 4 open-market sells worth $1.1M by 2 insiders at PHOTRONICS INC in the last 90 days, net -$1.1M. Only purchases (code P) and sales (code S) count; grants, option exercises and tax withholding do not.
Who was the last insider to trade PLAB on the open market?
Kang Jyh Lee (CHIEF EXECUTIVE OFFICER) sold $308k of PLAB on Sep 29, 2026 and filed the Form 4 on Oct 1, 2026. InsiderTell scored 37 (weak), with 2 insiders on the same side within 14 days.
How many insiders file Form 4 at PHOTRONICS INC?
16 people have filed a Form 4 at PHOTRONICS INC, among them Todd Anthony Alesio (SVP, CAO), Michelle Almeida (director), Walter M Fiederowicz (director). Officers, directors and holders of more than 10% of a share class must report their trades within two business days.
Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.