MACRICOSTAS CONSTANTINE S 4
Research Summary
AI-generated summary
Photronics (PLAB) Director Constantine Macricostas Gifts 50,000 Shares
What Happened
- Constantine S. Macricostas, a director of Photronics, reported two gifts of company stock: 13,000 shares on 2026-04-01 and 37,000 shares on 2026-04-02. Each disposition is reported with a $0.00 price (gifts), so no cash proceeds were recorded. Total gifted: 50,000 shares. Footnotes indicate both gifts were made to the Macricostas Family Foundation.
Key Details
- Transaction dates and amounts: 2026-04-01 — 13,000 shares (G); 2026-04-02 — 37,000 shares (G). Reported price per share: $0.00; total reported proceeds: $0.
- Filing date / report period: Form 4 filed 2026-04-14; Period of Report listed as 2026-04-01.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 and F2 state gifts were to the Macricostas Family Foundation.
- Timeliness: The filing is dated more than two business days after the transactions; check the full Form 4 for any late-filing notation (timeliness flag) and related disclosures.
Context
- Gifts are coded as dispositions (G) and typically reflect charitable donations or estate planning; they do not necessarily indicate the director’s view of the company’s near-term prospects. This is not a market sale or purchase.