PureCycle (PCT) CEO surrenders shares to cover equity-award taxes
Rhea-AI Filing Summary
PureCycle Technologies, Inc. Chief Executive Officer Dustin Olson reported a routine tax-related share disposition. On March 2, 2026, he surrendered 5,786 shares of common stock at $6.45 per share to cover tax liability from a vesting equity grant. Following this transaction, he directly holds 1,349,137 shares.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 5,786 shares
Net Sell
1 txn
Insider
Olson Dustin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,786 | $6.45 | $37K |
Holdings After Transaction:
Common Stock — 1,349,137 shares (Direct)
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
What insider transaction did PureCycle Technologies (PCT) report for its CEO?
PureCycle Technologies CEO Dustin Olson reported surrendering 5,786 common shares at $6.45 per share. The shares were used to satisfy tax obligations arising from the vesting of an equity grant under the company’s 2021 Equity and Incentive Compensation Plan, rather than an open-market sale.
Was the PureCycle (PCT) CEO’s Form 4 transaction an open-market stock sale?
No, the CEO’s Form 4 transaction was not an open-market sale. The 5,786 shares were surrendered to cover tax liability tied to the vesting of an equity award granted under PureCycle Technologies’ 2021 Equity and Incentive Compensation Plan, as described in the footnote.
What plan governed the equity grant involved in the PureCycle (PCT) CEO’s tax withholding?
The equity grant involved in the CEO’s tax-withholding disposition was issued under the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan. Shares were surrendered to the company to cover tax liability triggered when that grant vested, according to the explanatory footnote in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.