{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-009310","form_type":"8-K","ticker":"PLAB","cik":"0000810136","company_name":"PHOTRONICS INC","filed_at":"2022-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:04:09.849019+00:00","generated_at":"2026-06-26T23:25:28.779324+00:00","sec_items":["5.02","5.07","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"CEO Peter Kirlin retires; Dr. Frank Lee named President; Chairman Macricostas interim CEO","bullets":["Peter Kirlin retired as CEO and resigned from Board effective March 11, 2022.","Dr. Frank Lee (former head of Asia) named President, leading global operations.","Chairman Constantine Macricostas appointed interim CEO; formal CEO search initiated.","Kirlin's retirement not due to disagreement; receives severance and extended option exercise.","Annual meeting results: seven directors elected, auditor ratified, say-on-pay approved."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-009310","json":"https://secwatch.observer/filing/0001140361-22-009310.json","markdown":"https://secwatch.observer/filing/0001140361-22-009310.md","text":"https://secwatch.observer/filing/0001140361-22-009310.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/810136/000114036122009310/0001140361-22-009310-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/810136/000114036122009310/brhc10035177_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T23:25:28.779324+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"22fe354b87","claim":"Constantine Macricostas was appointed as Chief Executive Officer at PHOTRONICS INC.","evidence_excerpt":"Also in connection therewith, the Board appointed Constantine Macricostas, current Chairman of the Board, as Chief Executive Officer on an interim basis.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/810136/000114036122009310/0001140361-22-009310-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"491e86d6df","claim":"Peter S. Kirlin retired as Chief Executive Officer at PHOTRONICS INC.","evidence_excerpt":"On March 10, 2022, Peter S. Kirlin retired as Chief Executive Officer and resigned as a member of the Board of Directors (the “Board”) of Photronics, Inc. (the “Company”) effective March 11, 2022, to pursue other interests.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/810136/000114036122009310/0001140361-22-009310-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"4e5d34fda1","claim":"Dr. Frank Lee was appointed as President at PHOTRONICS INC.","evidence_excerpt":"In connection therewith, the Company promoted Dr. Frank Lee to President of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/810136/000114036122009310/0001140361-22-009310-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"c081732adf","claim":"Peter S. Kirlin resigned as Director at PHOTRONICS INC.","evidence_excerpt":"On March 10, 2022, Peter S. Kirlin retired as Chief Executive Officer and resigned as a member of the Board of Directors (the “Board”) of Photronics, Inc. (the “Company”) effective March 11, 2022, to pursue other interests.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/810136/000114036122009310/0001140361-22-009310-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}