Director at Photronics (NASDAQ: PLAB) exercises options and sells shares

Rhea-AI Filing Summary

Photronics Inc director Lee Kang Jyh exercised stock options for 5,000 shares of common stock at $8.60 per share and on the same day sold 5,000 shares at $45.00 per share. After these exercise-and-sell transactions, Lee directly holds 385,850 shares of Photronics common stock.

Insider Trade Summary

Net Seller: 5,000 shares ($225,000)

Net Sell 3 txns

Insider Lee Kang Jyh

Role Director

Sold 5,000 shs ($225K)

Type	Security	Shares	Price	Value
Exercise	PHOTRONICS STOCK OPTIONS	5,000	$0.00	--
Exercise	COMMON STOCK	5,000	$8.60	$43K
Sale	COMMON STOCK	5,000	$45.00	$225K

Holdings After Transaction: PHOTRONICS STOCK OPTIONS — 0 shares (Direct); COMMON STOCK — 390,850 shares (Direct)

Footnotes (1)

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Key Figures

Options exercised: 5,000 options Exercise price: $8.60 per share Shares sold: 5,000 shares +3 more

6 metrics

Options exercised 5,000 options Exercised into common stock on April 13, 2026

Exercise price $8.60 per share Price for PHOTRONICS stock options exercised

Shares sold 5,000 shares Open-market sale of common stock on April 13, 2026

Sale price $45.00 per share Price for common stock sold by director

Shares owned after 385,850 shares Direct holdings after exercise and sale

Option expiration January 2, 2028 Expiration date of exercised options

Key Terms

Exercise or conversion of derivative security, open-market sale, PHOTRONICS STOCK OPTIONS, vested in four equal annual installments

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"

vested in four equal annual installments financial

"The reported options vested in four equal annual installments"

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)
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		5,000	A	$8.6	390,850	D
COMMON STOCK	04/13/2026		S		5,000	D	$45	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	$8.6	04/13/2026		M			5,000	(1)	01/02/2028	PHOTRONICS INC Common Stock	5,000	$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, 2018.

	/s/Brandon DeSocio, attorney-in-fact for Kang Jyh Lee	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 insider transactions did Photronics (PLAB) director Lee Kang Jyh report?

Director Lee Kang Jyh exercised options for 5,000 Photronics shares at $8.60 and sold 5,000 shares at $45.00. Following these exercise-and-sell transactions, he directly holds 385,850 shares of Photronics common stock.

At what prices did Lee Kang Jyh exercise and sell Photronics (PLAB) shares?

Lee Kang Jyh exercised stock options with an exercise price of $8.60 per share and sold 5,000 shares of Photronics common stock at $45.00 per share, according to the reported Form 4 insider transactions dated April 13, 2026.

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

After the reported transactions, Lee Kang Jyh directly owns 385,850 shares of Photronics common stock. This reflects his holdings following the exercise of 5,000 stock options and the sale of 5,000 common shares on April 13, 2026.

What type of securities did Lee Kang Jyh exercise in his Photronics (PLAB) filing?

He exercised PHOTRONICS stock options that entitled him to receive 5,000 shares of Photronics Inc common stock at an exercise price of $8.60 per share. These options had originally been granted with vesting over four annual installments.

When were the Photronics (PLAB) stock options held by Lee Kang Jyh scheduled to vest?

The reported stock options vested in four equal annual installments, with 25% vesting on each of the first four anniversaries of the grant date, January 2, 2018, as described in the footnote to the insider transaction.