Photronics (PLAB) director exercises 5,000 options and sells 5,000 shares

Rhea-AI Filing Summary

Photronics Inc director Lee Kang Jyh exercised stock options for 5,000 shares of common stock at $10.75 per share and on the same day sold 5,000 shares at $40.80 per share in an open-market transaction. Following these transactions, he directly holds 385,850 common shares. The exercised options were part of a grant that vested in four equal annual installments beginning on March 7, 2017, and the options were scheduled to expire on March 7, 2027.

Insider Trade Summary

Net Seller: 5,000 shares ($204,000)

Net Sell 3 txns

Insider Lee Kang Jyh

Role Director

Sold 5,000 shs ($204K)

Type	Security	Shares	Price	Value
Exercise	PHOTRONICS STOCK OPTIONS	5,000	$0.00	--
Exercise	COMMON STOCK	5,000	$10.75	$54K
Sale	COMMON STOCK	5,000	$40.80	$204K

Holdings After Transaction: PHOTRONICS STOCK OPTIONS — 5,000 shares (Direct); COMMON STOCK — 390,850 shares (Direct)

Footnotes (1)

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Key Figures

Options exercised: 5,000 options Shares sold: 5,000 shares Post-transaction holdings: 385,850 shares +3 more

6 metrics

Options exercised 5,000 options Exercised on March 26, 2026 at $10.75 per share

Shares sold 5,000 shares Open-market sale on March 26, 2026 at $40.80 per share

Post-transaction holdings 385,850 shares Common stock directly owned after March 26, 2026 sale

Option exercise price $10.75 per share Exercise price for PHOTRONICS STOCK OPTIONS grant

Option expiration date March 7, 2027 Expiration for the exercised stock options

Vesting schedule 25% annually over 4 years Options vested each year from March 7, 2017 grant date

Key Terms

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

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"

Common Stock financial

"underlying_security_title: PHOTRONICS INC Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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^*

Lee Kang Jyh

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/26/2026

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	03/26/2026		M		5,000	A	$10.75	390,850	D
COMMON STOCK	03/26/2026		S		5,000	D	$40.8	385,850	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	$10.75	03/26/2026		M			5,000	(1)	03/07/2027	PHOTRONICS INC Common Stock	5,000	$0	5,000	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, March 7, 2017.

	/s/Brandon DeSocio, attorney-in-fact for Kang Jyh Lee	03/30/2026
	** 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 insider transaction did Photronics (PLAB) director Lee Kang Jyh report?

Director Lee Kang Jyh reported exercising stock options for 5,000 Photronics common shares at $10.75 per share and then selling 5,000 common shares at $40.80 per share. These same-day transactions combined a derivative exercise with an open-market sale.

How many Photronics (PLAB) shares does Lee Kang Jyh own after this Form 4?

After the reported transactions, Lee Kang Jyh directly owns 385,850 shares of Photronics common stock. This figure reflects his position following the exercise of 5,000 stock options and the open-market sale of 5,000 common shares on the same date.

What were the exercise and sale prices in the Photronics (PLAB) director’s Form 4?

The director exercised 5,000 stock options at an exercise price of $10.75 per share and sold 5,000 common shares at $40.80 per share. These prices show the terms of the option grant and the subsequent open-market sale on that transaction date.

What type of transactions are shown in this Photronics (PLAB) Form 4 filing?

The filing shows a derivative exercise and an open-market sale. First, 5,000 stock options were exercised into 5,000 shares of common stock, then 5,000 common shares were sold in an open-market or private transaction coded as an “S” sale.

When did the Photronics (PLAB) stock options exercised by the director originally vest and expire?

The reported options vested in four equal annual installments, with 25% vesting on each anniversary of the March 7, 2017 grant date. According to the filing, the options carried an expiration date of March 7, 2027 if not previously exercised.