PureCycle counsel surrenders shares for tax withholding
PureCycle Technologies, Inc. General Counsel and Chief Compliance Officer Brad Kalter reported a tax-related share disposition.
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Rhea-AI Filing Summary
PureCycle Technologies, Inc. General Counsel and Chief Compliance Officer Brad Kalter reported a tax-related share disposition. He surrendered 3,398 shares of common stock at $6.45 per share to cover tax liability from the vesting of an equity award under the 2021 Equity and Incentive Compensation Plan, and now holds 189,889 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,398 | $6.45 | $22K |
Footnotes (1)
- F1. 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
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What did PureCycle (PCT) insider Brad Kalter report in this Form 4?
Was the PureCycle (PCT) Form 4 transaction an open market stock sale?
What plan governed the equity award in this PureCycle (PCT) Form 4 filing?
What does transaction code F mean in the PureCycle (PCT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.