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PureCycle (PCT) CEO surrenders shares to cover equity-award taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Olson Dustin

(Last) (First) (Middle)
C/O PURECYCLE TECHNOLOGIES, INC.
20 NORTH ORANGE AVENUE STE 106

(Street)
ORLANDO FL 32801

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PureCycle Technologies, Inc. [ PCT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 F 5,786(1) D $6.45 1,349,137 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Brad S. Kalter as attorney-in-fact for Dustin Olson 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many PureCycle (PCT) shares did the CEO dispose of in this Form 4?

The CEO disposed of 5,786 shares of PureCycle Technologies common stock in this filing. The shares were surrendered at $6.45 per share to satisfy tax obligations related to a vesting equity grant, rather than being sold for investment or portfolio-management reasons in the open market.

How many PureCycle (PCT) shares does the CEO hold after the reported transaction?

After the reported transaction, CEO Dustin Olson directly owns 1,349,137 shares of PureCycle Technologies common stock. This figure reflects his holdings following the surrender of 5,786 shares used to cover tax liabilities associated with the vesting of a prior equity compensation grant.

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.
Purecycle Technologies Inc

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