MACRICOSTAS CONSTANTINE S 4

What Happened
Constantine S. Macricostas, a director of Photronics Inc. (PLAB), received an award of 3,722 restricted stock units (RSUs) on April 13, 2026. The Form 4 reports the grant with an acquisition price of $0.00 (i.e., a non-cash equity award). No immediate cash transaction or sale occurred—this is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-13; Form 4 filed: 2026-04-15 (appears timely, within standard reporting window).
• Transaction type/code: A = Award/Grant. Reported price: $0.00.
• Shares awarded: 3,722 RSUs. Total dollar value not stated on the Form 4.
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs granted under the company's 2025 Equity Incentive Compensation Plan; vesting schedule — 25% on Jul 8, 2026, 25% on Oct 8, 2026, 25% on Jan 8, 2027, and 25% on Apr 8, 2027.

Context
RSUs are a form of equity compensation that convert into shares only as they vest; they do not indicate an immediate purchase or sale by the insider. Such grants are common for executives and directors as part of compensation and do not by themselves signal a buy/sell decision.