[Form 4] Photronics Inc Insider Trading Activity

Rhea-AI Filing Summary

Park Han Kyung, Senior Vice President & General Manager of FPD Ops at Photronics Inc. (PLAB), reported a sale of 15,000 shares of common stock on 09/03/2025 at a price of $22 per share. Following the reported transaction, the filing shows 103,000 shares beneficially owned directly. The Form 4 discloses the insider disposition and the remaining direct holdings.

Positive

• Timely disclosure of insider transaction complying with Section 16 reporting requirements
• Clear reporting of transaction details including shares sold, price, and post-transaction direct ownership

Negative

• Insider sale of 15,000 shares at $22 may be viewed negatively by some investors
• No additional context provided (e.g., trading plan or reason), limiting insight into the sale's intent

Insights

Securities Analyst

TL;DR: Insider sale disclosed; transaction size and remaining direct holdings are modest relative to typical outstanding shares.

The Form 4 shows a voluntary sale of 15,000 common shares by an officer of Photronics (PLAB) at $22 per share, leaving 103,000 shares held directly. This filing is a routine Section 16 disclosure that notifies the market of insider trading activity. The transaction code indicates a sale (S) and the report was signed by an attorney-in-fact, consistent with standard practice for insiders who delegate filing authority.

Corporate Governance Expert

TL;DR: Disclosure appears compliant; sale raises standard governance transparency, with no additional context provided.

The document identifies the reporting person and relationship to the issuer, specifies the security, transaction type, number of shares sold, price per share, and post-transaction direct ownership. There is no indication of any planned trading arrangement or Rule 10b5-1 plan in the form text. As filed, the Form 4 fulfills disclosure obligations but does not by itself reveal motive or material corporate issues.

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^*

Park Han Kyung

(Last) (First) (Middle)

15 SECOR ROAD

(Street)

BROOKFIELD CT 06804

(City) (State) (Zip)

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)
	SVP & GM of FPD Ops

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	09/03/2025		S		15,000	D	$22	103,000	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:

	/s/Brandon DeSocio, attorney-in-fact for Han Kyung Park	09/05/2025
	** 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.

FAQ

What did Photronics insider Park Han Kyung do in the Form 4?

The Form 4 reports a sale of 15,000 common shares on 09/03/2025 at a price of $22 per share.

How many Photronics (PLAB) shares does Park Han Kyung own after the transaction?

The filing shows 103,000 shares beneficially owned directly following the reported sale.

What is Park Han Kyung's role at Photronics?

The reporting person is identified as SVP & GM of FPD Ops and an officer of the issuer.

Was the Form 4 signed by the reporting person?

The Form 4 is signed by an attorney-in-fact for Han Kyung Park, dated 09/05/2025.

Does the filing indicate a Rule 10b5-1 trading plan?

The form text does not indicate that the transaction was made pursuant to a Rule 10b5-1 trading plan.