Form 4: Photronics Inc. Director Walter M. Fiederowicz Reports Stock Gift

Director Walter M. Fiederowicz of Photronics Inc. reported a gift of 2,000 common stock shares on December 28, 2023.

Summary

• Walter M. Fiederowicz, a director at Photronics Inc., reported a transaction involving the company's common stock.
• On December 28, 2023, Mr. Fiederowicz gifted 2,000 shares of common stock.
• The transaction was a gift, and the price per share was $32.01.
• Following the transaction, Mr. Fiederowicz directly owns 60,000 shares of Photronics Inc. common stock.
• This Form 4 filing supersedes a previous Form 5 filing for the same gift made on December 12, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock gift transaction by a company director, with no inherent positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The reporting of stock gifts by directors is a common occurrence and is not unusual in the context of corporate governance.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a gift of shares by a director and does not involve a change in the company's operations or financial position.

Key Dates

Keywords

Photronics Inc., stock gift, Form 4, director, Walter M. Fiederowicz, insider trading, common stock