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Photronics director granted 3,722 restricted shares

Photronics Inc. director Constantine S. Macricostas received an equity award of 3,722 shares of common stock in the form of restricted stock units.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Photronics Inc. director Constantine S. Macricostas received an equity award of 3,722 shares of common stock in the form of restricted stock units. The grant was made at no cash cost per share and is part of the company’s 2025 Equity Incentive Compensation Plan.

The restricted stock units vest in four equal installments of 25% each on July 8, 2026, October 8, 2026, January 8, 2027, and April 8, 2027, aligning compensation with longer-term company performance. Following this grant, Macricostas directly holds 414,617 shares of Photronics common stock, indicating this is a routine compensation-related acquisition rather than an open-market purchase.

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Insider MACRICOSTAS CONSTANTINE S
Role Director
Type Security Shares Price Value
Grant/Award COMMON STOCK 3,722 $0.00 $0.00
Holdings After Transaction: COMMON STOCK — 414,617 shares (Direct)
Footnotes (1)
  1. F1. Represents restricted stock units granted pursuant to the Company's 2025 Equity Incentive Compensation Plan, vesting 25% on July 8, 2026, 25% on October 8, 2026, 25% on January 8, 2027, and 25% on April 8, 2027.
RSU grant size 3,722 shares Restricted stock units granted to director on April 13, 2026
Grant price per share $0.0000 per share Stated transaction price for RSU award
Post-transaction holdings 414,617 shares Total common shares held directly after the grant
First vesting tranche 25% on July 8, 2026 Initial RSU vesting date under 2025 plan
Second vesting tranche 25% on October 8, 2026 Second RSU vesting date
Third vesting tranche 25% on January 8, 2027 Third RSU vesting date
Final vesting tranche 25% on April 8, 2027 Final RSU vesting date
restricted stock units financial
"Represents restricted stock units granted pursuant to the Company's 2025 Equity Incentive Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Equity Incentive Compensation Plan financial
"granted pursuant to the Company's 2025 Equity Incentive Compensation Plan, vesting 25% on July 8, 2026"
vesting financial
"vesting 25% on July 8, 2026, 25% on October 8, 2026, 25% on January 8, 2027, and 25% on April 8, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "PHOTRONICS INC""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Photronics (PLAB) report for Constantine S. Macricostas?
Photronics reported that director Constantine S. Macricostas received 3,722 restricted stock units of common stock as a compensation grant. The award was made at no cash cost per share under the company’s 2025 Equity Incentive Compensation Plan and is a routine, non-market acquisition.

How many Photronics (PLAB) shares does Constantine S. Macricostas hold after this Form 4 filing?
After the reported grant, Constantine S. Macricostas holds 414,617 shares of Photronics common stock directly. This total includes the 3,722 restricted stock units awarded in the latest transaction, reflecting his ongoing equity stake as a director in the company.

What type of equity award did Photronics (PLAB) grant to director Constantine S. Macricostas?
The company granted restricted stock units representing 3,722 shares of Photronics common stock to director Constantine S. Macricostas. These units are issued under the 2025 Equity Incentive Compensation Plan and vest over time instead of being an immediate cash transaction or open-market stock purchase.

What is the vesting schedule for Constantine S. Macricostas’s 3,722 Photronics (PLAB) RSUs?
The 3,722 restricted stock units vest in four equal 25% installments. Vesting dates are July 8, 2026, October 8, 2026, January 8, 2027, and April 8, 2027, tying the director’s compensation to service and company performance over this multi-year period.

Was the Photronics (PLAB) equity grant to Constantine S. Macricostas an open-market stock purchase?
No, the transaction was not an open-market purchase. It was a grant of 3,722 restricted stock units at a stated price of $0.0000 per share, issued as compensation under Photronics’ 2025 Equity Incentive Compensation Plan, rather than a cash-funded buy in the market.

What plan governs the restricted stock unit grant to Photronics (PLAB) director Constantine S. Macricostas?
The restricted stock unit grant to Constantine S. Macricostas was made under Photronics’ 2025 Equity Incentive Compensation Plan. This plan authorizes equity-based awards, such as RSUs, to align directors’ and employees’ interests with shareholders through staged vesting and share ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →
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SEC Form 4
FORM 4UNITED 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).
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 CONSTANTINE S
(Last)(First)(Middle)
15 SECOR ROAD
(Street)
BROOKFIELD CONNECTICUT 06804
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
PHOTRONICS INC [ PLAB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
COMMON STOCK04/13/2026A3,722(1)A$0414,617D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units granted pursuant to the Company's 2025 Equity Incentive Compensation Plan, vesting 25% on July 8, 2026, 25% on October 8, 2026, 25% on January 8, 2027, and 25% on April 8, 2027.
/s/Brandon DeSocio, attorney-in-fact for Constantine S. Macricostas04/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

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