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Photronics (PLAB) director receives 3,722 restricted stock units in equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TYSON MITCHELL G reported acquisition or exercise transactions in this Form 4 filing.

Photronics Inc. director Tyson G. Tyson reported receiving an equity award of 3,722 shares of common stock in the form of restricted stock units under the company’s 2025 Equity Incentive Compensation Plan. Following this grant, his direct holdings total 36,921 common shares.

The RSUs vest in four equal installments of 25% each on July 8, 2026, October 8, 2026, January 8, 2027, and April 8, 2027, providing a time-based incentive structure tied to continued service.

Positive

  • None.

Negative

  • None.
Insider TYSON MITCHELL G
Role Director
Type Security Shares Price Value
Grant/Award COMMON STOCK 3,722 $0.00 --
Holdings After Transaction: COMMON STOCK — 36,921 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant 3,722 shares Restricted stock units granted to director Tyson G. Tyson
Holdings after grant 36,921 shares Total common shares directly held after transaction
Vesting tranche 25% Each of four vesting dates from July 8, 2026 to April 8, 2027
restricted stock units financial
"Represents restricted stock units granted pursuant to the Company's 2025 Equity Incentive Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Equity Incentive Compensation Plan financial
"granted pursuant to the Company's 2025 Equity Incentive Compensation Plan, vesting 25% on July 8, 2026"
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "PHOTRONICS INC""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
TYSON MITCHELL G
(Last)(First)(Middle)
15 SECOR ROAD
(Street)
BROOKFIELD CONNECTICUT 06804
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
PHOTRONICS INC [ PLAB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
COMMON STOCK04/13/2026A3,722(1)A$036,921D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units granted pursuant to the Company's 2025 Equity Incentive Compensation Plan, vesting 25% on July 8, 2026, 25% on October 8, 2026, 25% on January 8, 2027, and 25% on April 8, 2027.
/s/Brandon DeSocio, attorney-in-fact for Mitchell G. Tyson04/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Photronics (PLAB) report for Tyson G. Tyson?

Photronics reported that director Tyson G. Tyson received 3,722 restricted stock units of common stock as an equity award. The grant was made under the company’s 2025 Equity Incentive Compensation Plan and reflects compensation, not an open-market stock purchase or sale.

How many Photronics (PLAB) shares does Tyson G. Tyson hold after this Form 4?

After the reported grant, Tyson G. Tyson holds 36,921 shares of Photronics common stock directly. This total includes the newly awarded 3,722 restricted stock units, which will vest over time according to the specified schedule in the equity incentive plan.

What is the vesting schedule for Tyson G. Tyson’s new Photronics (PLAB) RSUs?

The 3,722 restricted stock units vest in four equal 25% installments. Vesting dates are July 8, 2026, October 8, 2026, January 8, 2027, and April 8, 2027, aligning the award with multi-year service and performance horizons for the Photronics board member.

Was cash paid for Tyson G. Tyson’s Photronics (PLAB) stock award?

No cash was paid for this award; the transaction price per share is recorded as 0.0000. The 3,722 shares were granted as restricted stock units under Photronics’ 2025 Equity Incentive Compensation Plan, representing non-cash, stock-based compensation for the director.

Is Tyson G. Tyson’s Photronics (PLAB) transaction a market buy or sell?

The filing shows a grant classified as an acquisition, not a market trade. Code “A” indicates a grant or award of 3,722 restricted stock units as compensation, rather than an open-market purchase or sale of Photronics common shares by the director.