PureCycle counsel surrenders shares for tax withholding
PureCycle Technologies, Inc. General Counsel, CCO & Secretary Brad Kalter reported a tax-related share disposition.
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Rhea-AI Filing Summary
PureCycle Technologies, Inc. General Counsel, CCO & Secretary Brad Kalter reported a tax-related share disposition. He surrendered 6,562 shares of Common Stock on March 22, 2026 to cover tax liability tied to the vesting of an equity grant under the 2021 Equity and Incentive Compensation Plan, rather than selling shares in the open market.
After this withholding, he continues to hold 183,327 Common Stock shares directly and 120,000 shares indirectly through the “Brad S. Kalter and Julie F. Kalter Revocable Trust,” indicating the transaction was a routine compensation and tax event rather than a change in investment stance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,562 | $5.79 | $38K |
| 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 transaction did PureCycle Technologies (PCT) report for Brad Kalter?
Was the March 22, 2026 PureCycle (PCT) insider transaction an open-market sale?
What does the transaction code F mean in the PureCycle (PCT) Form 4 for Brad Kalter?
AI-generated analysis. How Rhea-AI works. Not financial advice.