PureCycle director buys 15,479 shares at $6.38
PureCycle Technologies director Musa Fernando increased his direct holdings through an open-market stock purchase.
Rhea-AI Filing Summary
PureCycle Technologies, Inc. (PCT) director Musa Fernando purchased common stock in the company. On September 4, 2026, he bought 15,479 shares in an open-market or private transaction at a weighted average price of $6.38 per share, with prices ranging from $6.36 to $6.40. Following this purchase, he directly owns 175,983 shares of PureCycle common stock. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 15,479 shares
Net Buy
1 txn
Insider
Musa Fernando
Role
Director
Bought
15,479 shs ($99K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 15,479 | $6.38 | $99K |
Holdings After Transaction:
Common Stock — 175,983 shares (Direct)
Footnotes (1)
- F1. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.36 to $6.40 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares purchased: 15,479 shares
Weighted average purchase price: $6.38 per share
Purchase price range: $6.36–$6.40 per share
+1 more
4 metrics
Shares purchased
15,479 shares
Common stock bought by director on September 4, 2026
Weighted average purchase price
$6.38 per share
Open-market or private purchase on September 4, 2026
Purchase price range
$6.36–$6.40 per share
Multiple transactions aggregated into weighted average price
Shares owned after transaction
175,983 shares
Director’s direct holding after the September 4, 2026 purchase
Key Terms
weighted average price, open-market or private transaction, Rule 10b5-1 trading plan
3 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market or private transaction financial
"Purchase in open market or private transaction"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PureCycle Technologies (PCT) report for Musa Fernando?
PureCycle Technologies reported that director Musa Fernando purchased 15,479 shares of common stock on September 4, 2026 in an open-market or private transaction, increasing his direct ownership in the company.
Was the PureCycle (PCT) insider trade made under a Rule 10b5-1 plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not selected, and there is no footnote stating that the transaction was made under a Rule 10b5-1 trading plan.
What does the price range in the PureCycle (PCT) Form 4 footnote mean?
The filing explains that the reported price is a weighted average price because the shares were bought in multiple trades at prices between $6.36 and $6.40 per share. The insider undertakes to provide full trade details upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.