STOCK TITAN

PureCycle (NASDAQ: PCT) GC receives new stock and option awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PureCycle Technologies, Inc. reported that General Counsel and Chief Compliance Officer Brad Kalter received new equity awards. On February 17, 2026, he was granted 25,872 Employee Stock Options with an exercise price of $0.0000 per share and 34,580 shares of Common Stock as a grant or award.

The footnotes state the restricted stock units were granted under the company’s 2021 long-term incentive plan and vest over four years in four equal, rounded-down installments, while the nonqualified stock options vest three years after the grant date. Following these transactions, direct ownership in Common Stock increased to 191,429 shares, and an additional 120,000 shares are held indirectly through the Brad S. Kalter and Julie F. Kalter Revocable Trust.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kalter Brad

(Last) (First) (Middle)
20 N. ORANGE AVENUE
SUITE 106

(Street)
ORLANDO FL 32801

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PureCycle Technologies, Inc. [ PCT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel, CCO & Scty.
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 A 34,580(1) A $0 191,429 D
Common Stock 120,000 I Brad S. Kalter and Julie F. Kalter Revocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $8.58 02/17/2026 A 25,872 02/17/2029(2) 02/17/2036 Common Stock 25,872 $0 25,872 D
Explanation of Responses:
1. The restricted stock units were granted as part of the Company's 2021 long-term incentive plan grant cycle and are subject to vesting over four years with one quarter, rounded down to the nearest whole share of stock, vesting in each of the four periods.
2. Exercise of the nonqualified award is subject to vesting three years following the date of grant.
Ashley True as attorney-in-fact for Brad S Kalter 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did PureCycle (PCT) report for Brad Kalter?

PureCycle reported that Brad Kalter received equity awards on February 17, 2026, including stock options and common shares. These transactions were classified as grants or awards, increasing both his direct and indirect beneficial ownership in PureCycle common stock.

How many PureCycle (PCT) stock options were granted to Brad Kalter?

Brad Kalter was granted 25,872 Employee Stock Options with an exercise price of $0.0000 per share. According to the footnotes, this nonqualified award becomes exercisable three years after the grant date, aligning with the company’s long-term incentive compensation structure.

How many PureCycle (PCT) common shares were awarded to Brad Kalter?

He received 34,580 shares of PureCycle Common Stock as a grant or award on February 17, 2026. These restricted stock units are part of the 2021 long-term incentive plan and vest over four years in four equal, rounded-down installments.

What is Brad Kalter’s PureCycle (PCT) direct share ownership after these grants?

After the February 17, 2026 transactions, Brad Kalter directly owns 191,429 shares of PureCycle Common Stock. This figure reflects his holdings following the new common share grant recorded in the Form 4 insider filing data provided.

What indirect PureCycle (PCT) holdings are reported for Brad Kalter?

The filing shows 120,000 PureCycle Common Stock shares held indirectly through the “Brad S. Kalter and Julie F. Kalter Revocable Trust.” This indirect ownership is reported separately from his direct holdings and uses the indirect ownership code in the Form 4 data.

How do the PureCycle (PCT) restricted stock units for Brad Kalter vest?

The restricted stock units granted to Brad Kalter vest over four years as part of the 2021 long-term incentive plan. One quarter of the award, rounded down to the nearest whole share, vests in each of four scheduled vesting periods.
Purecycle Technologies Inc

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1.67B
175.00M
Pollution & Treatment Controls
Plastic Materials, Synth Resins & Nonvulcan Elastomers
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United States
ORLANDO