Photronics (PLAB) CEO granted 177,432 restricted stock units in filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Photronics Inc. CEO George Macricostas reported an award of 177,432 shares of common stock on January 3, 2026, recorded at a price of $0 per share. The award represents restricted stock units granted 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. Following this grant, Macricostas beneficially owns 455,262 shares of Photronics common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MACRICOSTAS GEORGE
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 177,432 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 455,262 shares (Direct)
Footnotes (1)
- Represents restricted stock units granted pursuant to the company's 2025 equity incentive compensation plan. 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.
FAQ
What did Photronics (PLAB) disclose about insider equity for its CEO?
Photronics reported that CEO George Macricostas received an award of 177,432 shares of common stock, representing restricted stock units under the company’s 2025 equity incentive compensation plan.
What type of security did the Photronics CEO receive in this Form 4?
The CEO received restricted stock units (RSUs) that are reported as common stock acquired with a transaction code "A" and a reported price of $0 per share.
How do the Photronics CEO’s restricted stock units vest?
The restricted stock units vest in four equal 25% installments on January 3, 2027, January 3, 2028, January 3, 2029, and January 3, 2030.
Was this Photronics CEO grant reported as a direct or indirect holding?
The Form 4 lists the CEO’s ownership as Direct (D), with no separate entity noted for indirect beneficial ownership.
On what date was the Photronics CEO equity grant effective?
The equity grant to the Photronics CEO is reported with a transaction date of January 3, 2026.