Here is a good "article" from Gemini when posed with this question...
"In vacuum tube amplifiers designed by Ken Fischer of Trainwreck Circuits, a very small capacitor is sometimes connected between the plate and cathode to create a special type of high-frequency negative feedback. This technique is used to shape the tone, reduce harshness, and manage how the tube distorts.
How it works
This small capacitor creates a frequency-dependent negative feedback loop:
Capacitors and frequency: The impedance of a capacitor is inversely proportional to frequency. A larger capacitance value presents a low impedance to low-frequency signals and a high impedance to high-frequency signals. Conversely, a very small capacitance value, typically in picofarads (pF), presents a high impedance to most audio frequencies but a low impedance to very high frequencies.
Negative feedback: The plate and cathode of a vacuum tube are 180° out of phase with each other. By connecting a capacitor between them, a portion of the out-of-phase high-frequency signal from the plate is fed back to the cathode.
High-frequency signal cancellation: When this high-frequency signal is fed back to the cathode, it cancels out some of the high-frequency content present in the tube's input signal. This effectively rolls off or "shunts" the highest frequencies.
Tonal effects
This design choice is part of the "wizardry" that contributes to the unique sound of amplifiers like those from Trainwreck. The specific tonal effects include:
Smoothing out high frequencies: The feedback tames unwanted, harsh high frequencies that can occur when the tube is overdriven. This results in a smoother, less piercing high end.
Shaping distortion: Since the feedback is only applied to the highest frequencies, it allows the lower and mid-range frequencies to distort naturally, while managing the upper harmonics. This contributes to a rich, complex, and musically pleasing distortion tone.
Tightening up the gain: By reducing gain at very high frequencies, the overall sound becomes more controlled and less "fizzy," which is a hallmark of many high-gain amplifiers.
This technique is just one of several methods used to shape the frequency response and manage negative feedback in vacuum tube circuits. Other common strategies include cathode bypass capacitors (from cathode to ground) and treble-peaking networks (capacitors connected from plate to grid). The specific implementation depends on the desired tonal outcome. "