Frank Lee compensation by year
PHOTRONICS Summary Compensation Table · all 8 fiscal years held| Component | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Salary | $419,027 | $428,926 | $446,146 | $459,530 | $650,000 | $750,000 | $750,000 | $783,832 |
| Bonus | $209,514 | $107,000 | $89,000 | $365,000 | $963,800 | $1,300,000 | $603,853 | $509,484 |
| Stock awards | $154,800 | $391,200 | $539,000 | $448,270 | $1,310,550 | $2,011,200 | $3,572,400 | $1,929,600 |
| Option awards | $54,720 | — | — | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | — | — | — | — | — | $0 | $0 | $28,914 |
| Total | $838,061 | $927,126 | $1,074,146 | $1,272,800 | $2,924,350 | $4,061,200 | $4,926,253 | $3,222,906 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: PHOTRONICS INC DEF 14A filed February 23, 2026, accession 0001539497-26-000750, and prior-year filings.
How this page was built: the PHOTRONICS INC filed document, accession 0001539497-26-000750. Every figure is read from that document and cited to the page and table it appears in. Filed February 23, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 90,000 | $2,151,000 | — |
| RSU | 80,000 | $1,912,000 | — |
| RSU | 60,000 | $1,434,000 | — |
| RSU | 10,000 | $239,000 | — |
| RSU | 8,750 | $209,175 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in PHOTRONICS INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments PHOTRONICS discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Resignation for good reason, no change in control | $783,822 | $784,376 | $544 | $1,568,742 |
| Involuntary termination without cause | $783,822 | $784,376 | $544 | $1,568,742 |
| Change in control and involuntary termination | $1,085,846 | $7,022,035 | $544 | $8,108,435 |
Per the Potential Payments Upon Termination or Change in Control table in PHOTRONICS INC's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
PHOTRONICS’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| George Macricostas | Chairman of the Board and Chief Executive Officer | $4,985,316 |
| Frank Lee · this page | President PDMC and former Chief Executive Officer | $3,222,906 |
| Eric Rivera | Executive Vice President and Chief Financial Officer | $2,144,733 |
| David Wang | Senior Vice President, COO of IC Operations | $1,498,436 |
| H.k. Park | Senior Vice President and General Manager of FPD Operations | $1,446,276 |
| Christopher Progler | Executive Vice President, Chief Technology Officer, Strategic Planning | $1,148,628 |
Board service
PHOTRONICS board · FY2023–FY2025How this board is paid
Company policy: PHOTRONICS pays directors a $70,000 cash retainer and $170,000 in RSUs. As stated in PHOTRONICS's FY2025 proxy.
Frank Lee's compensation dossier, PHOTRONICS
You have read Frank Lee's totals and holdings. The dossier adds each equity grant PHOTRONICS disclosed for Frank Lee and PHOTRONICS's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.
See an example →The full PHOTRONICS compensation record
free company briefThis page is one person within PHOTRONICS's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the PHOTRONICS proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order PHOTRONICS's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are PHOTRONICS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.