secwatch.observer — SEC 8-K summary
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Issuer:     PHOTRONICS INC (PLAB)
CIK:        0000810136
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0001140361-24-049844
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Photronics appoints David Garcia to board, expanding to nine directors
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- David Garcia elected to Board on Dec 12, 2024; board expands from 8 to 9 members, 7 independent.
- Garcia brings 30+ years in corporate law, finance, and M&A; most recently at Holland & Hart.
- Compensation includes cash retainers and restricted stock, consistent with other board members.
- Chairman Macricostas cited Garcia's M&A and financing experience as valuable for business development.
- Garcia has not yet been assigned to any board committees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/810136/000114036124049844/0001140361-24-049844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/810136/000114036124049844/ef20040377_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-049844

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer