PHOTRONICS (NASDAQ: PLAB) CFO exercises 1,000 options and sells 1,000 shares

Rhea-AI Filing Summary

PHOTRONICS INC President and CFO Eric Rivera exercised stock options and sold shares in a routine transaction. On April 13, he exercised 1,000 PHOTRONICS stock options at $9.78 per share, receiving 1,000 shares of common stock. That same day, he sold 1,000 shares of common stock at $44.77 per share. After these transactions, he directly holds 136,173 shares of PHOTRONICS INC common stock. The exercised options were part of a grant that vested in four equal annual installments beginning January 2, 2019, and no related derivative position remains from this grant.

Insider Trade Summary

Net Seller: 1,000 shares ($44,770)

Net Sell 3 txns

Insider Rivera Eric

Role President, CFO

Sold 1,000 shs ($45K)

Type	Security	Shares	Price	Value
Exercise	PHOTRONICS STOCK OPTIONS	1,000	$0.00	--
Exercise	COMMON STOCK	1,000	$9.78	$10K
Sale	COMMON STOCK	1,000	$44.77	$45K

Holdings After Transaction: PHOTRONICS STOCK OPTIONS — 0 shares (Direct); COMMON STOCK — 137,173 shares (Direct)

Footnotes (1)

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Key Figures

Options exercised: 1,000 options Exercise price: $9.78 per share Shares sold: 1,000 shares +5 more

8 metrics

Options exercised 1,000 options PHOTRONICS stock options exercised on April 13

Exercise price $9.78 per share Exercise or conversion price for 1,000 options

Shares sold 1,000 shares Common stock sold in open-market transaction on April 13

Sale price $44.77 per share Price for open-market sale of 1,000 common shares

Shares held after 136,173 shares Direct PHOTRONICS INC common stock holdings after transactions

Net buy/sell shares -1,000 shares Net-sell direction from transaction summary

Option expiration January 2, 2029 Original expiration date for exercised stock options

Vesting schedule 25% annually over 4 years Options vested each year from January 2, 2019 grant date

Key Terms

Exercise or conversion of derivative security, open-market sale, PHOTRONICS STOCK OPTIONS, vesting

4 terms

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

PHOTRONICS STOCK OPTIONS financial

"security_title: PHOTRONICS STOCK OPTIONS"

vesting financial

"options vested in four equal annual installments, with 25% vested"

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 Insider Transactions: What Each Field Means →

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).

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^*

Rivera Eric

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	04/13/2026		M		1,000	A	$9.78	137,173	D
COMMON STOCK	04/13/2026		S		1,000	D	$44.77	136,173	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
PHOTRONICS STOCK OPTIONS	$9.78	04/13/2026		M			1,000	(1)	01/02/2029	PHOTRONICS INC Common Stock	1,000	$0	0	D

Explanation of Responses:

1. The reported options vested in four equal annual installments, with 25% vested on each of the first four anniversaries of the grant date, January 2nd, 2019.

	/s/Brandon DeSocio, attorney-in-fact for Eric Rivera	04/15/2026
	** 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.
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)

FAQ

What did PHOTRONICS (PLAB) executive Eric Rivera report in this Form 4?

Eric Rivera reported exercising 1,000 stock options at $9.78 and selling 1,000 shares of PHOTRONICS INC common stock at $44.77. These actions reflect an option exercise followed by an open-market sale on the same day.

How many PHOTRONICS (PLAB) shares does Eric Rivera hold after the reported transactions?

After the transactions, Eric Rivera directly holds 136,173 shares of PHOTRONICS INC common stock. This total reflects his position following the exercise of 1,000 options and the sale of 1,000 shares on April 13.

What type of insider transactions did PHOTRONICS (PLAB) report for Eric Rivera?

The filing shows a derivative exercise of 1,000 PHOTRONICS stock options, converting them into common shares, and an open-market sale of 1,000 common shares. Both transactions occurred on April 13 and were reported under codes M and S.

At what prices did Eric Rivera exercise and sell PHOTRONICS (PLAB) shares?

Eric Rivera exercised 1,000 stock options at an exercise price of $9.78 per share and sold 1,000 common shares at $44.77 per share. These prices come directly from the reported Form 4 transaction details.

Were Eric Rivera’s PHOTRONICS (PLAB) stock options fully vested before exercise?

Yes. A footnote explains the reported options vested in four equal annual installments, with 25% vesting on each anniversary of the January 2, 2019 grant date. By April 13, the options used in this exercise were fully vested.

Does Eric Rivera still hold PHOTRONICS (PLAB) stock options from this grant after the Form 4 transactions?

No. The filing shows 1,000 options exercised and zero shares remaining under this option position. The derivative summary is empty for this grant, indicating that particular stock option award has been fully exercised.