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Shareholders back PureCycle (NASDAQ: PCT) directors, auditor and executive pay

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

PureCycle Technologies, Inc. reported the results of its annual meeting of shareholders held on May 7, 2026. Shareholders elected nine directors to serve until the next annual meeting, with each nominee receiving a strong majority of votes cast.

Shareholders also ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 127,904,943 votes for and 406,709 against. In addition, on an advisory basis, shareholders approved the company’s named executive officer compensation, with 75,421,353 votes for and 12,538,570 against.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Valerie Mars votes for 87,929,314 votes Director election at annual meeting
Grant Thornton ratification votes for 127,904,943 votes Auditor ratification for fiscal year ending December 31, 2026
Auditor ratification votes against 406,709 votes Grant Thornton LLP ratification
Say-on-pay votes for 75,421,353 votes Advisory approval of named executive officer compensation
Say-on-pay votes against 12,538,570 votes Advisory approval of named executive officer compensation
Broker non-votes on say-on-pay 40,253,395 votes Advisory compensation proposal
broker non vote financial
"Abstain | | Broker Non Vote 75,421,353 | | 12,538,570 | | 294,491 | | 40,253,395"
When a broker holds shares for a client but does not have the client’s instructions to vote on a particular corporate matter, the broker often cannot cast a ballot; this is called a broker non-vote. It matters to investors because those uncast votes can change whether proposals pass, especially on important governance or merger issues, so active voting by investors can directly influence company decisions like a missing voice in a group vote.
named executive officer compensation financial
"Proposal 3 – Approve, on an advisory basis, the Company’s named executive officer compensation."
Pay and benefits disclosed for a company’s top executives identified in regulatory filings, including salary, bonuses, stock awards, option grants, pension contributions and other perks. Think of it as a public paycheck summary for senior managers that shows how they are rewarded and motivated. Investors use it to judge whether executive incentives align with shareholder interests, to assess potential costs and risks, and to evaluate corporate governance.
independent registered public accounting firm financial
"Ratify the appointment of Grant Thornton, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 7, 2026

 

 

img7787309_0.jpg

PureCycle Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

 

Delaware

001-40234

86-2293091

(State or other jurisdiction
of incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

20 North Orange Avenue, Suite 106

 

Orlando, Florida

 

32801

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: 877 648-3565

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.001 per share

 

PCT

 

The Nasdaq Stock Market LLC

Warrants, each exercisable for one share of common stock, $0.001 par value per share, at an exercise price of $11.50 per share

 

PCTTW

 

The Nasdaq Stock Market LLC

Units, each consisting of one share of common stock, $0.001 par value per share, and three quarters of one warrant

 

PCTTU

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 


Item 5.07 Submission of Matters to a Vote of Security Holders.

PureCycle Technologies, Inc.’s (“Company”) held its Annual Meeting of Shareholders on Thursday, May 7, 2026, during which the following matters were submitted to a vote of the shareholders, with voting results listed below. The proposals related to each matter are described in detail in the Company’s definitive proxy statement for the annual meeting, which was filed with the Securities and Exchange Commission on March 27, 2026.

Proposal 1 – Elect nine (9) Company directors to serve until the next annual meeting of shareholders and until their respective successors are duly elected and qualified.

Name of Nominee

 

Votes For

 

Votes Against

 

Abstain

Broker Non Vote

Steven Bouck

 

87,560,715

 

614,288

 

79,411

 

40,253,395

Tanya Burnell

 

77,585,103

 

10,602,682

 

66,629

 

40,253,395

Daniel Coombs

 

87,729,665

 

454,876

 

69,873

 

40,253,395

Daniel Gibson

87,838,979

 

367,033

 

48,402

 

40,253,395

Allen Jacoby

86,448,055

 

1,715,334

 

91,025

 

40,253,395

Siri Jirapongphan

 

87,889,830

 

271,265

 

93,319

 

40,253,395

Valerie Mars

 

87,929,314

 

254,564

 

70,536

 

40,253,395

Fernando Musa

77,113,855

 

11,052,132

 

88,427

 

40,253,395

Dustin Olson

77,560,088

 

10,642,056

 

52,270

 

40,253,395

Proposal 2 – Ratify the appointment of Grant Thornton, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

Votes For

 

Votes Against

 

Abstain

Broker Non Vote

127,904,943

 

406,709

 

196,157

 

0

Proposal 3 – Approve, on an advisory basis, the Company’s named executive officer compensation.

Votes For

 

Votes Against

 

Abstain

Broker Non Vote

75,421,353

 

12,538,570

 

294,491

 

40,253,395

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Set forth below is a list of Exhibits included as part of this Current Report.

 

Exhibit Number

Description of Exhibit

104

The cover page from this Current Report on Form 8-K, formatted as Inline XBRL

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

PureCycle Technologies, Inc.

 

 

 

 

Date:

May 11, 2026

By:

/s/ Brad Kalter

 

 

 

Brad Kalter, General Counsel & Corporate Secretary

 


FAQ

What did PureCycle (PCT) shareholders approve at the 2026 annual meeting?

Shareholders approved all key items: election of nine directors, ratification of Grant Thornton LLP as auditor for 2026, and advisory approval of named executive officer compensation. Each proposal received strong support based on the reported vote totals.

How did PureCycle (PCT) shareholders vote on director elections in 2026?

All nine director nominees were elected with clear majorities. For example, Valerie Mars received 87,929,314 votes for and 254,564 against, while Daniel Coombs received 87,729,665 votes for and 454,876 against, indicating broad support for the board slate.

Which audit firm did PureCycle (PCT) shareholders ratify for fiscal 2026?

Shareholders ratified Grant Thornton LLP as PureCycle’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The proposal received 127,904,943 votes for, 406,709 votes against, and 196,157 abstentions, with no broker non-votes reported.

Was PureCycle (PCT) executive compensation approved by shareholders in 2026?

Yes. On an advisory “say-on-pay” basis, shareholders approved PureCycle’s named executive officer compensation. The vote totaled 75,421,353 shares for, 12,538,570 against, and 294,491 abstentions, with 40,253,395 broker non-votes recorded on the proposal.

What are broker non-votes in the PureCycle (PCT) voting results?

Broker non-votes represent shares held by brokers that were not voted on certain proposals. For director elections and the advisory compensation vote, 40,253,395 broker non-votes were reported, indicating shares present for quorum but not voting on those specific items.

Filing Exhibits & Attachments

1 document