PureCycle director granted 16,622 RSUs
Jacoby Allen reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jacoby Allen reported acquisition or exercise transactions in this Form 4 filing.
PureCycle Technologies director Jacoby Allen received an equity award from the company. On the reported date, Allen was granted 16,622 restricted stock units under PureCycle’s 2021 long-term incentive plan at no cash cost. Following this grant, Allen directly holds 96,088 shares of common stock.
The restricted stock units will vest on the earlier of one year from the grant date or the date of PureCycle’s next regular annual meeting of stockholders in the following calendar year, tying the award to both service and the company’s regular governance cycle.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,622 | $0.00 | $0.00 |
Footnotes (1)
- F1. The restricted stock units were granted as part of the Company's 2021 long-term incentive plan and will vest on the earlier of (a) the one-year anniversary of the date of grant and (b) the date of the Company's regular annual meeting of stockholders which occurs in the calendar year following the calendar year in which the date of grant occurs.
Key Figures
Key Terms
restricted stock units financial
2021 long-term incentive plan financial
annual meeting of stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PureCycle Technologies (PCT) director Jacoby Allen report in this Form 4?
What are the vesting terms of Jacoby Allen’s new restricted stock units from PureCycle (PCT)?
Was Jacoby Allen’s PureCycle (PCT) equity transaction a market purchase or sale?
Under which plan were Jacoby Allen’s new restricted stock units from PureCycle (PCT) granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.