PureCycle (PCT) CAO surrenders shares to cover vesting taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PureCycle Technologies, Inc. corporate controller and chief accounting officer Gregory L. Barta reported a Form 4 transaction involving company common stock. On February 20, 2026, he disposed of 870 shares at $8.99 per share through a tax-withholding disposition tied to the vesting of an equity award under the company’s 2021 Equity and Incentive Compensation Plan, meaning shares were surrendered to cover tax liability rather than sold in the open market. Following this transaction, he directly owned 17,441 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barta Gregory L
Role
Corp. Controller and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 870 | $8.99 | $8K |
Holdings After Transaction:
Common Stock — 17,441 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did PureCycle (PCT) report for Gregory L. Barta?
PureCycle reported that Gregory L. Barta, its corporate controller and chief accounting officer, disposed of shares in a tax-withholding transaction. The shares were surrendered to satisfy tax obligations triggered by the vesting of an equity grant under the 2021 Equity and Incentive Compensation Plan.
Was the PureCycle (PCT) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It is identified as a tax-withholding disposition, meaning shares were surrendered to cover tax obligations tied to the vesting of an equity award, rather than sold at the insider’s discretion in the market.
What plan governed the PureCycle (PCT) equity grant involved in this Form 4?
The equity grant related to this transaction was issued under the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan. Shares were surrendered upon vesting of that grant specifically to cover the associated tax liability, according to the Form 4 footnote.