By default, a layer or group is linked
to its layer mask or vector mask, as indicated by the link icon
between the thumbnails in the Layers palette. The layer
and its mask move together in the image when you move either one
with the Move tool. Unlinking them lets you move them independently
and shift the mask’s boundaries separately from the layer.
Note: By
default, masks applied to Smart Objects aren’t linked to Smart Object
layers.