Photronics (NASDAQ: PLAB) SVP receives 28,435 restricted stock units

Rhea-AI Filing Summary

Photronics Inc$0 per unit under the company’s 2025 equity incentive compensation plan.

The restricted stock units vest in four equal installments of 25% each on January 3, 2027, January 3, 2028, January 3, 2029, and January 3, 2030. After this award, Wang Hsueh-Chun beneficially owns 164,685 shares of Photronics common stock directly.

01/07/2026 - 07:52 PM

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Wang Hsueh-Chun

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP/COO IC & US/EU Mnstrm Ops

3. Date of Earliest Transaction (Month/Day/Year)
01/03/2026

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	01/03/2026		A		28,435(1)	A	$0(2)	164,685	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) 25% on January 3rd, 2027, (ii) 25% on January 3rd, 2028, (iii) 25% on January 3rd, 2029, and (iv) 25% on January 3rd, 2030.

	/s/Brandon DeSocio, attorney-in-fact for Wang Hsueh-Chun	01/07/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Photronics (PLAB) report for Wang Hsueh-Chun?

Photronics reported that SVP/COO IC & US/EU Mnstrm Ops Wang Hsueh-Chun received 28,435 restricted stock units of common stock on January 3, 2026, coded as an acquisition (A).

Was cash paid for the 28,435 Photronics (PLAB) shares reported on Form 4?

No cash was paid; the filing shows 28,435 shares of common stock acquired at a stated price of $0 per share as a restricted stock unit grant.

How do the new restricted stock units for Photronics (PLAB) vest?

The 28,435 restricted stock units vest in four equal 25% installments on January 3, 2027, January 3, 2028, January 3, 2029, and January 3, 2030.

What is Wang Hsueh-Chun’s role at Photronics (PLAB) in this Form 4?

In this Form 4, Wang Hsueh-Chun is identified as an officer of Photronics with the title SVP/COO IC & US/EU Mnstrm Ops and is not listed as a director or 10% owner.

How many Photronics (PLAB) shares does Wang Hsueh-Chun own after this grant?

Following the reported transaction, Wang Hsueh-Chun beneficially owns 164,685 shares of Photronics common stock with direct ownership.

Is the Photronics (PLAB) Form 4 transaction a direct or indirect holding?

The Form 4 reports the direct (D) ownership of the shares underlying the restricted stock units by Wang Hsueh-Chun, with no indirect ownership entity noted.