Sylebra Capital buys more PureCycle shares
Sylebra Capital LLC, a director and 10% owner of PureCycle Technologies, Inc., reported an indirect open-market purchase of 16,622 shares of Common Stock on May 12, 2026.
Rhea-AI Filing Summary
Sylebra Capital LLC, a director and 10% owner of PureCycle Technologies, Inc., reported an indirect open-market purchase of 16,622 shares of Common Stock on May 12, 2026. After this transaction, affiliated investment entities associated with Sylebra report holding 34,113,545 shares in total.
The holdings are largely through affiliated investment entities for which Sylebra entities act as advisers. Separate restricted stock units referenced in the footnotes were granted to Daniel Patrick Gibson under PureCycle’s 2021 long-term incentive plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 16,622 | $0.00 | $0.00 |
Footnotes (3)
- F1. (1) Consists of 35,971 shares of Common Stock of the Issuer subject to restricted stock units held directly by Daniel Patrick Gibson (Gibson). The remaining shares of Common Stock of the Issuer are held by the Affiliated Investment Entities. Sylebra Capital Limited (Sylebra HK) and Sylebra Capital LLC (Sylebra US) are the investment sub-advisers to Sylebra Capital Partners Master Fund, Ltd. (SCP MF), Sylebra Capital Menlo Master Fund (MENLO MF), and other advisory clients. SCP MF, MENLO MF and other advisory clients are referred to collectively as the Affiliated Investment Entities.
- F2. (2) Sylebra Capital Management (Sylebra Cayman) is the investment manager and parent of Sylebra HK. Sylebra Cayman owns 100% of the shares of Sylebra HK, and Gibson owns 100% of the Class A shares of Sylebra Cayman and 100% of the membership interests of Sylebra US. Gibson is a founder, and the Chief Investment Officer, of Sylebra Cayman. In such capacities, Sylebra HK, Sylebra US, Sylebra Cayman and Gibson may be deemed to share voting and dispositive power over the securities of the Issuer held by the Affiliated Investment Entities. Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson disclaim beneficial ownership of the shares of Common Stock of the Issuer held by the Affiliated Investment Entities, and this report shall not be deemed an admission that Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson are the beneficial owners of the shares of Common Stock held by the Affiliated Investment Entities, except to the extent of their pecuniary interest, if any, therein.
- F3. (3) The shares of Common Stock of the Issuer are subject to restricted stock units which represent a contingent right to receive one share of Common Stock of the Issuer. The restricted stock units were granted to Gibson pursuant to the 2021 long-term incentive plan of the Issuer and will vest on the earlier of (a) the one-year anniversary of the date of grant and (b) the date of the regular annual meeting of stockholders of the Issuer which occurs in the calendar year following the calendar year in which the date of grant occurs.
Key Figures
Key Terms
restricted stock units financial
Affiliated Investment Entities financial
investment sub-advisers financial
beneficial ownership financial
voting and dispositive power financial
long-term incentive plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sylebra Capital LLC report for PureCycle Technologies (PCT)?
Is the PureCycle Technologies (PCT) purchase by Sylebra Capital LLC direct or indirect ownership?
What do the footnotes say about Daniel Patrick Gibson’s interest in PureCycle Technologies (PCT)?
Who are the affiliated investment entities mentioned in the PureCycle Technologies (PCT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.