Photronics (PLAB) director exercises options, sells 5,000 shares at $40.53

Rhea-AI Filing Summary

Photronics Inc. director Lee Kang Jyh exercised stock options and sold shares in a same‑day transaction. He exercised 5,000 Photronics stock options at an exercise price of $8.60 per share, receiving 5,000 shares of common stock. He then sold 5,000 common shares at $40.53 per share and held 385,850 common shares directly after the transactions. The options had vested in four equal annual installments beginning January 2, 2018.

Insider Trade Summary

Net Seller: 5,000 shares ($202,650)

Net Sell 3 txns

Insider Lee Kang Jyh

Role Director

Sold 5,000 shs ($203K)

Type	Security	Shares	Price	Value
Exercise	PHOTRONICS STOCK OPTIONS	5,000	$0.00	--
Exercise	COMMON STOCK	5,000	$8.60	$43K
Sale	COMMON STOCK	5,000	$40.53	$203K

Holdings After Transaction: PHOTRONICS STOCK OPTIONS — 15,000 shares (Direct); COMMON STOCK — 390,850 shares (Direct)

Footnotes (1)

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Key Figures

Options exercised: 5,000 shares Exercise price: $8.60 per share Shares sold: 5,000 shares +3 more

6 metrics

Options exercised 5,000 shares Photronics stock options exercised (code M) on April 6, 2026

Exercise price $8.60 per share Exercise or conversion price for 5,000 Photronics stock options

Shares sold 5,000 shares Common stock open-market sale (code S) on April 6, 2026

Sale price $40.53 per share Price per share for 5,000 Photronics common shares sold

Shares held after transaction 385,850 shares Total Photronics common stock directly owned after sale

Net share change from trades -5,000 shares Net of exercise and sale per transaction summary

Key Terms

Exercise or conversion of derivative security, open-market sale, PHOTRONICS STOCK OPTIONS, Common Stock, +1 more

5 terms

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security"

open-market sale financial

"transaction_action": "open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

PHOTRONICS STOCK OPTIONS financial

"security_title": "PHOTRONICS STOCK OPTIONS"

Common Stock financial

"underlying_security_title": "PHOTRONICS INC Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

vested in four equal annual installments financial

"The reported options vested in four equal annual installments"

Form 4 Insider Transactions: What Each Field Means →

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^*

Lee Kang Jyh

(Last) (First) (Middle)

15 SECOR ROAD

(Street)

BROOKFIELD CONNECTICUT 06804

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PHOTRONICS INC [ PLAB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

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

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

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

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	04/06/2026		M		5,000	A	$8.6	390,850	D
COMMON STOCK	04/06/2026		S		5,000	D	$40.53	385,850	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
PHOTRONICS STOCK OPTIONS	$8.6	04/06/2026		M			5,000	(1)	01/02/2028	PHOTRONICS INC Common Stock	5,000	$0	15,000	D

Explanation of Responses:

1. The reported options vested in four equal annual installments, with 25% vested on each of the first four anniversaries of the grant date, January 2nd, 2018.

	/s/Brandon DeSocio, attorney-in-fact for Kang Jyh Lee	04/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Photronics (PLAB) director Lee Kang Jyh do in this Form 4 filing?

Lee Kang Jyh exercised 5,000 Photronics stock options and sold 5,000 common shares. The options were exercised at $8.60 per share, and the 5,000 common shares were sold at $40.53 per share in an open-market transaction on April 6, 2026.

At what prices did Lee Kang Jyh exercise and sell Photronics (PLAB) shares?

He exercised 5,000 stock options at an $8.60 exercise price and sold 5,000 common shares at $40.53 per share. This reflects an exercise-and-sell pattern where options are converted into shares and then immediately sold in the market.

How many Photronics (PLAB) shares does Lee Kang Jyh hold after these transactions?

After the transactions, Lee Kang Jyh directly holds 385,850 shares of Photronics common stock. This figure comes from the Form 4 totals following the 5,000-share open-market sale completed on April 6, 2026, after exercising an equivalent number of options.

What type of insider transaction was reported for Photronics (PLAB) on April 6, 2026?

The filing shows a derivative exercise and an open-market sale. Lee Kang Jyh exercised 5,000 stock options (code M) and then sold 5,000 common shares (code S), combining an option exercise with a same-day disposition of the acquired shares.

How did Lee Kang Jyh’s Photronics (PLAB) stock options vest before this exercise?

The reported options vested in four equal annual installments. Twenty‑five percent vested on each of the first four anniversaries of the January 2, 2018 grant date, meaning the award became fully vested over a four‑year period before this 5,000‑share exercise.