PureCycle counsel surrenders shares for tax withholding
PureCycle Technologies, Inc. General Counsel and Chief Compliance Officer Brad Kalter reported tax-related share dispositions on this Form 4.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
PureCycle Technologies, Inc. General Counsel and Chief Compliance Officer Brad Kalter reported tax-related share dispositions on this Form 4. He surrendered 4,908 and 2,841 shares of common stock at $8.99 per share to cover tax liabilities from vesting equity awards, and now holds 183,680 shares directly plus 120,000 shares indirectly through a revocable trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,908 | $8.99 | $44K |
| Exercise Price or Tax Liability | Common Stock | 2,841 | $8.99 | $26K |
| holding | Common Stock | -- | -- | -- |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PureCycle Technologies (PCT) report on this Form 4?
Who is the insider involved in PureCycle Technologies (PCT) Form 4?
Were the PureCycle Technologies (PCT) insider transactions open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.