Equity grant gives Photronics (NASDAQ: PLAB) director 1,272 RSUs
Rhea-AI Filing Summary
Photronics Inc. director Constantine S. Macricostas reported a grant of 1,272 shares of common stock on January 3, 2026. The filing notes this represents restricted stock units awarded under the company’s 2025 equity incentive compensation plan at a stated price of $0 per share.
The restricted stock units are scheduled to vest 100% on April 3, 2026, after which they can convert into common shares. Following this grant, Macricostas beneficially owns 460,895 shares of Photronics common stock in direct ownership.
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FAQ
What insider transaction did Photronics (PLAB) report in this Form 4?
The report shows that director Constantine S. Macricostas received 1,272 shares of Photronics common stock, representing restricted stock units granted under the 2025 equity incentive compensation plan on January 3, 2026.
At what price were the Photronics (PLAB) restricted stock units granted?
The restricted stock units reported as common stock were granted at a stated price of $0 per share, consistent with an equity incentive award rather than an open-market purchase.
When do the newly granted Photronics (PLAB) restricted stock units vest?
The filing states that the restricted stock units vest 100% on April 3, 2026, meaning the entire award becomes fully vested on that date.
How many Photronics (PLAB) shares does Constantine S. Macricostas own after this grant?
After the reported grant, Constantine S. Macricostas beneficially owns 460,895 shares of Photronics common stock in direct ownership.
What role does the reporting person hold at Photronics (PLAB)?
The reporting person, Constantine S. Macricostas, is identified in the filing as a director of Photronics Inc.
Under which plan were the Photronics (PLAB) restricted stock units granted?
The filing explains that the 1,272 restricted stock units were granted pursuant to the company’s 2025 equity incentive compensation plan.