Photronics (PLAB) director receives 1,234 restricted stock units award

Rhea-AI Filing Summary

Photronics Inc. director Daniel JL Liao reported a grant of 1,234 shares of common stock in the form of restricted stock units under the company’s 2025 equity incentive compensation plan. These restricted stock units vest 100% on April 3, 2026, meaning the shares will be earned at that time if the vesting conditions are met. Following this award, Liao beneficially owns 68,782 shares of Photronics common stock in total, held directly.

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

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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^*

Liao Daniel JL

(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)
01/20/2026

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	01/20/2026		A		1,234(1)	A	$0(2)	68,782	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) 100% on April 3rd, 2026.

	/s/Brandon DeSocio, attorney-in-fact for Daniel JL Liao	01/22/2026
	** 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.
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FAQ

What insider transaction did PLAB director Daniel JL Liao report?

Daniel JL Liao reported the acquisition of 1,234 shares of Photronics Inc. common stock in the form of restricted stock units granted on January 20, 2026.

At what price were the Photronics (PLAB) shares granted to Daniel JL Liao?

The Form 4 shows the 1,234 restricted stock units with a price of $0, reflecting that this is an equity incentive award rather than an open-market purchase.

When do Daniel JL Liao’s 2025 equity incentive RSUs in PLAB vest?

The restricted stock units granted under Photronics’ 2025 equity incentive compensation plan vest 100% on April 3, 2026.

How many Photronics (PLAB) shares does Daniel JL Liao own after this transaction?

After the reported RSU grant, Daniel JL Liao beneficially owns 68,782 shares of Photronics Inc. common stock directly.

What is the nature of the equity granted to the PLAB director on January 20, 2026?

The equity consists of restricted stock units granted pursuant to Photronics’ 2025 equity incentive compensation plan, which convert into shares upon vesting.

Is this PLAB Form 4 filing for an open-market trade or an equity award?

This Form 4 reflects an equity award of restricted stock units to a director, not an open-market purchase or sale of Photronics shares.