Photronics (PLAB) Director Adds Shares in Modest Insider Purchase

Rhea-AI Filing Summary

Photronics Inc. (PLAB) filed a Form 4 disclosing that director David A. Garcia purchased 2,650 shares of common stock on 06/27/2025 at a price of $19.00 per share. The transaction increased his direct ownership to 10,198 shares. No derivative securities were reported, and there were no dispositions. The filing was signed by attorney-in-fact Brandon DeSocio on 06/30/2025.

The purchase, valued at roughly $50,350, represents a modest addition to insider holdings and signals personal confidence but is immaterial relative to Photronics’ market capitalization. Because only one insider and a small share count are involved, the market impact is expected to be limited.

Positive

• Director insider purchase indicates personal confidence in PLAB’s prospects, albeit on a small scale.

Negative

• Transaction size is immaterial (~$50k) and unlikely to impact ownership structure or market perception.

Insights

Financial Analyst

TL;DR: Small insider buy; mildly positive signal, limited materiality.

This Form 4 shows Director David A. Garcia adding 2,650 PLAB shares at $19, lifting his stake to just over 10 k shares. While insider purchases are generally viewed favorably, the ~$50 k outlay is immaterial against Photronics’ multi-billion-dollar equity value and does not meaningfully alter ownership structure. There are no accompanying derivative moves or sales, so the filing is clean and uncomplicated. Overall, the action conveys incremental confidence but is unlikely to influence valuation or liquidity.

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^*

Garcia David A.

(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)
06/27/2025

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	06/27/2025		P		2,650	A	$19	10,198	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:

	/s/Brandon DeSocio, attorney-in-fact for David A Garcia	06/30/2025
	** 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

How many PLAB shares did Director David A. Garcia buy?

He purchased 2,650 shares of Photronics common stock.

At what price were the PLAB shares acquired?

The shares were bought at $19.00 per share.

What is David A. Garcia’s total PLAB ownership after the transaction?

Following the purchase, he directly owns 10,198 shares.

Were any derivative securities involved in this Form 4 filing?

No derivative securities were reported in the filing.

Does this insider purchase materially affect Photronics’ share structure?

No, the purchase is relatively small versus Photronics’ overall share count and market capitalization.