STOCK TITAN

Photronics (PLAB) President and CFO receives 22,641 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Photronics Inc. executive Eric Rivera, President and CFO, reported an equity award of 22,641 shares of common stock in the form of restricted stock units on February 9, 2026. These units were granted at a price of $0.00 as part of the company’s 2025 equity incentive compensation plan.

Following this grant, Rivera directly beneficially owns 177,690 shares of Photronics common stock. The restricted stock units vest in four equal 25% installments on January 12, 2027, January 12, 2028, January 12, 2029, and January 12, 2030, aligning his compensation with long-term company performance.

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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*
Rivera Eric

(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)
President, CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
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 02/09/2026 A 22,641(1) A $0(2) 177,690 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.
2. Restricted stock units vest as follows: (i) 25% on January 12th, 2027, (ii) 25% on January 12th, 2028, (iii) 25% on January 12, 2029, and (iv) 25% on January 12th, 2030.
/s/Brandon DeSocio, attorney-in-fact for Eric Rivera 02/11/2026
** 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.

FAQ

What insider transaction did PLAB executive Eric Rivera report?

Eric Rivera reported receiving 22,641 restricted stock units of Photronics common stock. The grant was made on February 9, 2026 as equity compensation, increasing his directly held beneficial ownership to 177,690 shares following the transaction, aligning pay with the company’s long-term performance.

What role does Eric Rivera hold at Photronics Inc. (PLAB)?

Eric Rivera serves as President and Chief Financial Officer of Photronics Inc. This Form 4 shows equity compensation tied to his executive role, reflecting the company’s practice of granting restricted stock units under its 2025 equity incentive compensation plan to align leadership with shareholder interests.

How many Photronics (PLAB) shares does Eric Rivera own after this Form 4?

After the reported grant, Eric Rivera beneficially owns 177,690 shares of Photronics common stock. This total includes the 22,641 restricted stock units awarded on February 9, 2026, which are structured to vest over four years under the 2025 equity incentive compensation plan.

What are the vesting terms of Eric Rivera’s 22,641 restricted stock units at PLAB?

The 22,641 restricted stock units vest in four equal 25% installments. The vesting dates are January 12, 2027, January 12, 2028, January 12, 2029, and January 12, 2030, providing long-term incentives tied to Rivera’s continued service and Photronics’ performance.

Was cash paid for the restricted stock units granted to PLAB’s Eric Rivera?

No cash was paid for this award; the units were granted at a price of $0.00 per share. The grant represents equity-based compensation under Photronics’ 2025 equity incentive compensation plan, rather than an open-market purchase of the company’s common stock.

What compensation plan governs Eric Rivera’s restricted stock grant at Photronics (PLAB)?

The restricted stock units were granted under Photronics’ 2025 equity incentive compensation plan. This plan provides equity awards to executives, and Rivera’s 22,641-unit grant is structured to vest annually from 2027 through 2030 in four equal 25% installments.
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Semiconductor Equipment & Materials
Semiconductors & Related Devices
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United States
BROOKFIELD