Almeida Michelle 4

What Happened

• Michelle Almeida, a director of PHOTRONICS INC (PLAB), was granted 3,722 restricted stock units (RSUs) reported as an acquisition on 2026-04-13. The report lists an acquisition price of $0 (typical for RSU grants); no cash was paid. This is an equity compensation award, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-13; 3,722 RSUs at reported $0 acquisition value.
• Vesting: The RSUs vest in four equal installments — 25% on July 8, 2026; 25% on October 8, 2026; 25% on January 8, 2027; and 25% on April 8, 2027 (per filing footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 filed 2026-04-15 for the 2026-04-13 grant; this two-day lag appears to be within the usual two-business-day reporting window.
• Filing accession: 0001140361-26-014895.

Context

• RSU awards are a form of compensation that convert into actual shares only as they vest; they are not an immediate purchase and do not necessarily indicate a personal market view. Any taxable event or withholding tied to vesting is not detailed in this excerpt.