PCT insider filing: 9,675-share forfeiture, 2,902 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PureCycle Technologies (PCT) reported insider activity tied to a board change. Director Jeffrey Richard Fieler resigned effective October 30, 2025. In connection with his resignation, the Board accelerated 50% of his May 2025 annual grant, and the remaining 9,675 shares were forfeited (coded “D” at $0). He also surrendered 2,902 shares (code “F”) at $11.34 to cover taxes on a vesting event under the 2021 Equity and Incentive Plan. Following these transactions, he directly beneficially owned 1,970,526 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Fieler Jeffrey Richard
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 9,675 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,902 | $11.34 | $33K |
Holdings After Transaction:
Common Stock — 1,973,428 shares (Direct)
Footnotes (1)
- In connection with the Reporting Person's resignation from the Board of Directors effective October 30, 2025, the Board accelerated 50% of the annual grant issued to the Reporting Person upon his re-election to the Board in May 2025. The remaining 9,675 shares that were granted were forfeited as a result of his resignation. Represents shares surrendered by the Reporting Person to cover tax liability associated with the vesting of a grant to the Reporting Person pursuant to the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan.
FAQ
What did PCT disclose in this Form 4?
A director resigned on October 30, 2025, forfeited 9,675 shares, and surrendered 2,902 shares to cover taxes on a vesting event.
What transaction codes were used in the Form 4?
Code D for the 9,675-share forfeiture at $0, and code F for the 2,902-share tax withholding at $11.34.
Which compensation plan is referenced?
The PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan.