PureCycle CEO withholds shares to cover taxes
PureCycle Technologies, Inc. Chief Executive Officer Dustin Olson reported a routine share withholding tied to equity compensation.
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Rhea-AI Filing Summary
PureCycle Technologies, Inc. Chief Executive Officer Dustin Olson reported a routine share withholding tied to equity compensation. On this Form 4, Olson surrendered 2,141 shares of common stock at $11.86 per share to cover tax liability from a vesting grant under the company’s 2021 Equity and Incentive Compensation Plan. Following this tax-withholding disposition, he directly owns 1,321,109 shares of PureCycle common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,141 | $11.86 | $25K |
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.
Key Figures
Key Terms
tax-withholding disposition financial
PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PureCycle Technologies (PCT) report for Dustin Olson?
Was Dustin Olson’s PureCycle (PCT) Form 4 transaction an open-market sale?
What plan governed Dustin Olson’s equity grant at PureCycle (PCT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.