Photronics (PLAB) CEO granted 177,432 restricted stock units in filing

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.

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

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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^*

MACRICOSTAS GEORGE

(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)
	CEO

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		177,432(1)	A	$0(2)	455,262	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 George Macricostas	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 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.

How many Photronics shares does the CEO beneficially own after this transaction?

After the reported award, CEO George Macricostas beneficially owns 455,262 shares of Photronics common stock in direct ownership.

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.