Photronics (NASDAQ: PLAB) director gifts 50,000 shares to family foundation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHOTRONICS INC director Constantine S. Macricostas reported charitable gifts of company stock. On April 1 and 2, 2026, he made bona fide gifts totaling 50,000 shares of Photronics common stock, designated as gifts to the Macricostas Family Foundation.
These transfers were reported at a price of $0.00 per share, reflecting that they were non-cash, non-market transactions rather than open-market sales. After the gifts, Macricostas directly holds 410,895 common shares, and the filing also reports indirect holdings by the Macricostas Family Foundation Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,000 shares gifted
Mixed
4 txns
Insider
MACRICOSTAS CONSTANTINE S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | COMMON STOCK | 37,000 | $0.00 | -- |
| Gift | COMMON STOCK | 13,000 | $0.00 | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 410,895 shares (Direct);
COMMON STOCK — 13,000 shares (Indirect, By Macricostas Family Foundation Inc.)
Footnotes (1)
- Gift to Macricostas Family Foundation. Gift to Macricostas Family Foundation.
Key Figures
Gift on April 2, 2026: 37,000 shares
Gift on April 1, 2026: 13,000 shares
Total gifted shares: 50,000 shares
+3 more
6 metrics
Gift on April 2, 2026
37,000 shares
Bona fide gift of common stock at $0.00 per share
Gift on April 1, 2026
13,000 shares
Bona fide gift of common stock at $0.00 per share
Total gifted shares
50,000 shares
Sum of April 1 and April 2, 2026 gifts
Direct holdings after April 2 gift
410,895 shares
Common stock directly owned following reported gifts
Indirect holding entry 1
13,000 shares
Indirectly held by Macricostas Family Foundation Inc.
Indirect holding entry 2
50,000 shares
Indirectly held by Macricostas Family Foundation Inc.
Key Terms
bona fide gift, indirect ownership, transaction code G, Macricostas Family Foundation Inc.
4 terms
bona fide gift financial
"transaction code description is listed as "Bona fide gift""
indirect ownership financial
"ownership_type is "indirect" for shares held by the foundation"
transaction code G financial
"transaction_code "G" is used for the reported gifts"
Macricostas Family Foundation Inc. financial
"nature_of_ownership notes "By Macricostas Family Foundation Inc.""
FAQ
What insider transaction did PLAB director Constantine Macricostas report?
Director Constantine S. Macricostas reported bona fide gifts of Photronics common stock. On April 1 and 2, 2026, he gifted a total of 50,000 shares to the Macricostas Family Foundation, with a reported price of $0.00 per share.
Does the PLAB Form 4 show these as open-market sales or charitable gifts?
The transactions are classified with code G, described as a bona fide gift, not as open-market sales. The reported transaction price per share is $0.00, consistent with a charitable or non-cash transfer rather than a sale for proceeds.
What role does the Macricostas Family Foundation play in the PLAB Form 4?
The Form 4 footnotes state that the transactions are a gift to Macricostas Family Foundation. The filing shows indirect ownership entries labeled “By Macricostas Family Foundation Inc.,” indicating shares held through that foundation associated with the reporting person.
Were any derivative securities involved in this PLAB insider filing?
No derivative securities are shown as active positions in this filing. The derivativeSummary is empty, and all reported transactions involve common stock only, classified as non-derivative with the transaction code indicating gifts of shares.