STOCK TITAN

Photronics (NASDAQ: PLAB) CEO sells 121,194 shares, retains 334,068

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Photronics Inc. CEO George Macricostas reported open-market sales of 121,194 shares of common stock on April 8, 2026. The shares were sold in three transactions at prices between $42.90 and $43.28 per share. After these sales, he directly holds 334,068 Photronics common shares.

Positive

  • None.

Negative

  • None.

Insights

Photronics’ CEO executed a sizable open-market share sale but retains a substantial equity stake.

The filing shows George Macricostas sold 121,194 shares of COMMON STOCK on April 8, 2026 through three open-market transactions priced around $43 per share. This is classified as non-derivative activity, meaning he sold already-owned shares rather than exercising options.

Following the transactions, Macricostas holds 334,068 shares directly, indicating he still maintains a large position in Photronics. The data show only net sales and no option exercises or tax-related dispositions in this filing. Without footnote indications of a trading plan or special circumstances, this appears as a straightforward liquidity event, and its broader significance depends on future company and insider activity.

Insider MACRICOSTAS GEORGE
Role CEO
Sold 121,194 shs ($5.20M)
Type Security Shares Price Value
Sale COMMON STOCK 6,500 $43.27 $281K
Sale COMMON STOCK 5,500 $43.28 $238K
Sale COMMON STOCK 109,194 $42.90 $4.68M
Holdings After Transaction: COMMON STOCK — 448,762 shares (Direct)
Footnotes (1)
Total shares sold 121,194 shares Net open-market sales on April 8, 2026
Shares sold at $43.27 6,500 shares Open-market sale at $43.27 per share
Shares sold at $43.28 5,500 shares Open-market sale at $43.28 per share
Shares sold at $42.90 109,194 shares Open-market sale at $42.90 per share
Shares held after transactions 334,068 shares Direct ownership after April 8, 2026 sales
Sell transactions count 3 transactions Non-derivative open-market sales on April 8, 2026
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.
non-derivative financial
""transaction_type": "non-derivative""
COMMON STOCK financial
""security_title": "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.
transaction code "S" financial
""transaction_code": "S""
total shares following transaction financial
""total_shares_following_transaction": "334068.0000""
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 GEORGE

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026
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 STOCK04/08/2026S6,500D$43.27448,762D
COMMON STOCK04/08/2026S5,500D$43.28443,262D
COMMON STOCK04/08/2026S109,194D$42.9334,068D
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:
/s/Brandon DeSocio, attorney-in-fact for George Macricostas04/10/2026
** 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)

FAQ

What did Photronics (PLAB) CEO George Macricostas report in this Form 4 filing?

The Form 4 reports that CEO George Macricostas sold 121,194 Photronics common shares in open-market transactions. These trades occurred on April 8, 2026, at prices around $43 per share, and reduced but did not eliminate his direct equity stake in the company.

How many Photronics (PLAB) shares did the CEO sell and at what prices?

George Macricostas sold 121,194 Photronics common shares across three trades. He sold 6,500 shares at $43.27, 5,500 shares at $43.28, and 109,194 shares at $42.90, all classified as open-market sales of non-derivative common stock holdings.

How many Photronics (PLAB) shares does the CEO still own after these sales?

After the reported transactions, CEO George Macricostas directly owns 334,068 Photronics common shares. This figure reflects his remaining position following the combined sale of 121,194 shares on April 8, 2026, as disclosed in the Form 4 filing’s post-transaction ownership column.

Were the Photronics (PLAB) CEO’s transactions option exercises or regular stock sales?

The transactions were regular stock sales of non-derivative common shares, not option exercises. The filing lists the security as “COMMON STOCK,” uses transaction code “S,” and shows no conversion or exercise prices, indicating straightforward open‑market sales of existing holdings.

Does the Photronics (PLAB) Form 4 mention any trading plan for the CEO’s share sales?

The provided Form 4 data do not include footnote language referencing any Rule 10b5‑1 trading plan or pre‑arranged program. The transactions are simply identified as open‑market sales of common stock, without additional explanatory disclosures in the excerpt shown.