PureCycle CFO surrenders shares for tax withholding
PureCycle Technologies, Inc. Chief Financial Officer Jaime Vasquez reported two insider transactions related to equity compensation.
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Rhea-AI Filing Summary
PureCycle Technologies, Inc. Chief Financial Officer Jaime Vasquez reported two insider transactions related to equity compensation. On February 20 and 21, he surrendered 3,057 and 5,594 shares of common stock, respectively, at $8.99 per share to cover tax liabilities triggered by the vesting of awards under the company’s 2021 Equity and Incentive Compensation Plan. Following the most recent tax-withholding disposition, he directly owned 89,878 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,594 | $8.99 | $50K |
| Exercise Price or Tax Liability | Common Stock | 3,057 | $8.99 | $27K |
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
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What insider activity did PureCycle Technologies (PCT) report for Jaime Vasquez?
Were the PureCycle (PCT) CFO’s transactions classified as sales or tax withholdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.