Photronics director awarded 3,722 RSUs

PHOTRONICS INC director Daniel JL Liao reported an equity award of 3,722 restricted stock units under the company’s 2025 Equity Incentive Compensation Plan.

Rhea-AI Filing Summary

PHOTRONICS INC director Daniel JL Liao reported an equity award of 3,722 restricted stock units under the company’s 2025 Equity Incentive Compensation Plan. The RSUs vest in four equal 25% installments on July 8, 2026, October 8, 2026, January 8, 2027, and April 8, 2027.

After this grant, Liao is shown as directly holding 72,504 shares of common stock. RSU awards are a form of stock-based compensation that convert into common shares as they vest, aligning the director’s incentives with long-term company performance.

Insider Trade Summary

Grant/Award: 3,722 shares

Grant/Award 1 txn

Insider Liao Daniel JL

Role Director

Type	Security	Shares	Price	Value
Grant/Award	COMMON STOCK	3,722	$0.00	$0.00

Holdings After Transaction: COMMON STOCK — 72,504 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.

Key Figures

RSU grant size: 3,722 units Vesting tranche: 25% Shares after transaction: 72,504 shares +2 more

5 metrics

RSU grant size 3,722 units Restricted stock units granted to director

Vesting tranche 25% Each of four vesting dates from July 8, 2026 to April 8, 2027

Shares after transaction 72,504 shares Direct common stock holdings following award

Transaction code A Grant, award, or other acquisition

Transaction date April 13, 2026 Date of RSU award

Key Terms

restricted stock units, 2025 Equity Incentive Compensation Plan, vesting, Grant, award, or other acquisition, +1 more

5 terms

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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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.

FAQ

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

What did Daniel JL Liao report in his Form 4 for PHOTRONICS INC (PLAB)?

Daniel JL Liao reported receiving 3,722 restricted stock units of PHOTRONICS INC common stock as an equity award. The grant was made under the company’s 2025 Equity Incentive Compensation Plan and is structured to vest over four dates from 2026 through 2027.

How many restricted stock units did PLAB director Daniel JL Liao receive and when do they vest?

He received 3,722 restricted stock units. These RSUs vest 25% on July 8, 2026, 25% on October 8, 2026, 25% on January 8, 2027, and 25% on April 8, 2027, providing a staggered schedule over roughly one year.

What is Daniel JL Liao’s reported PHOTRONICS INC share ownership after this Form 4 transaction?

Following the reported award, Daniel JL Liao is shown as directly holding 72,504 shares of PHOTRONICS INC common stock. This figure reflects his direct ownership position after accounting for the newly reported grant transaction in the Form 4 filing.

Under which plan were the 3,722 restricted stock units granted to PLAB director Daniel JL Liao?

The 3,722 restricted stock units were granted under PHOTRONICS INC’s 2025 Equity Incentive Compensation Plan. This plan provides stock-based awards to align directors’ and employees’ interests with shareholders through equity that typically vests over time.

What type of transaction code was used in Daniel JL Liao’s PHOTRONICS INC Form 4 filing?

The transaction used code "A," which indicates a grant, award, or other acquisition. The Form 4 characterizes this as a grant or award acquisition of common stock in the form of restricted stock units with no cash price per share.

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

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Accepted by SEC EDGAR 04/15/2026 - 07:46 PM Learn about SEC filing dates

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^*

Liao Daniel JL

(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		A		3,722(1)	A	$0	72,504	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

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 Daniel JL Liao	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)