PLAB Insider Sale: Christopher Progler Sells 10,000 Shares, Holds 200,591

Rhea-AI Filing Summary

Christopher J. Progler, EVP and Chief Technology Officer of Photronics Inc. (PLAB), reported the sale of 10,000 shares of the issuer's common stock on 09/02/2025 at a weighted average price of $21.93 per share. After the sale, Mr. Progler beneficially owns 200,591 shares. The filing states the transaction was executed under a Rule 10b5-1 trading plan adopted on December 22, 2024, and prices on the multiple trades ranged from $21.77 to $22.12. The Form 4 was signed by an attorney-in-fact on 09/04/2025.

Positive

• Transaction disclosed under a Rule 10b5-1 trading plan adopted on December 22, 2024, indicating a prearranged sale
• Full disclosure of trade details: transaction date, weighted average price, price range, and post-transaction holdings are reported

Negative

• Disposition of 10,000 shares on 09/02/2025 at a weighted average price of $21.93
• Beneficial ownership reduced to 200,591 shares following the reported sale

Insights

Securities Analyst

TL;DR: Insider sale of 10,000 shares under a pre-established 10b5-1 plan; reduces beneficial holdings to 200,591 shares.

The reported transaction is a routine disposition executed pursuant to a Rule 10b5-1 trading plan, which indicates the sale was pre-planned and not a spontaneous insider trade. The weighted average price of $21.93 and the disclosed price range provide transparency on execution levels. For investors, this is a clear disclosure of insider liquidity but, standing alone, does not reveal material changes to company operations or governance.

Corporate Governance Expert

TL;DR: Filing shows compliance with Section 16 reporting and use of a 10b5-1 plan; signature executed by attorney-in-fact.

The Form 4 contains the necessary disclosures: transaction date, number of shares sold, price range, residual ownership, and the existence and adoption date of the 10b5-1 plan. The signature by an attorney-in-fact is properly indicated. This filing fulfills routine governance and disclosure obligations without presenting additional material corporate developments.

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).

X

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^*

Progler Christopher J

(Last) (First) (Middle)

15 SECOR RD.

(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)
	EVP, Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		S		10,000	D	$21.93(1)	200,591	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. Price represents a weighted average. The shares were sold in multiple transactions at prices ranging from $21.77 - $22.12. The reporting person will provide full transaction details upon request. This sale was made pursuant to a Rule 10b5-1 trading plan adopted on December 22, 2024.

	/s/Brandon DeSocio, attorney-in-fact for Christopher J. Progler	09/04/2025
	** 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

Who reported the transaction on Form 4 for PLAB?

The reporting person is Christopher J. Progler, EVP and Chief Technology Officer of Photronics Inc.

What shares were sold and when according to the Form 4?

The Form 4 reports a sale of 10,000 shares of Photronics common stock on 09/02/2025.

At what price were the PLAB shares sold?

The shares were sold at a weighted average price of $21.93 with individual trade prices ranging from $21.77 to $22.12.

How many PLAB shares does the insider own after the sale?

After the reported transactions the insider beneficially owns 200,591 shares.

Was the sale executed under a trading plan?

Yes. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on December 22, 2024.

Who signed the Form 4 and when?

The Form 4 was signed by Brandon DeSocio, attorney-in-fact for Christopher J. Progler on 09/04/2025.