Photronics (PLAB) director receives 1,234 restricted stock units

Rhea-AI Filing Summary

Photronics Inc. director Michelle Almeida reported a stock-based award. On January 20, 2026, she was granted 1,234 restricted stock units tied to Photronics common stock under the company’s 2025 equity incentive compensation plan. The units were reported at a price of $0 per share, reflecting that this is an equity grant rather than a market purchase.

After the grant, Almeida beneficially owned 1,234 shares in direct form. The filing notes that these restricted stock units are scheduled to vest 100% on April 3, 2026, meaning she will receive the underlying shares at that time if the vesting conditions are satisfied.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Almeida Michelle

(Last) (First) (Middle)

15 SECOR ROAD

(Street)

BROOKFIELD CT 06804

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PHOTRONICS INC [ PLAB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	01/20/2026		A		1,234(1)	A	$0(2)	1,234	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units granted pursuant to the company's 2025 equity incentive compensation plan.

2. Restricted stock units vest as follows: (i) 100% on April 3rd, 2026.

	/s/Brandon DeSocio, attorney-in-fact for Michelle Almeida	01/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Photronics (PLAB) report for Michelle Almeida?

The filing shows that director Michelle Almeida was granted 1,234 restricted stock units of Photronics common stock on January 20, 2026.

How many Photronics (PLAB) shares does Michelle Almeida own after this grant?

Following the grant, 1,234 shares of Photronics common stock were reported as beneficially owned directly by Michelle Almeida.

What type of equity award did Photronics grant to its director?

Photronics granted restricted stock units (RSUs) under its 2025 equity incentive compensation plan, rather than a cash or option award.

When do Michelle Almeida’s Photronics restricted stock units vest?

The filing states that the restricted stock units vest 100% on April 3, 2026, subject to the plan’s vesting conditions.

Did Michelle Almeida pay for the Photronics shares she received?

No cash was paid for the award. The RSUs were reported at a price of $0 per share, consistent with a stock-based compensation grant.

Is this Photronics (PLAB) Form 4 transaction direct or indirect ownership?

The Form 4 reports the 1,234 shares as direct (D) ownership, with no indication of an intermediary entity or indirect holding structure.