PureCycle (PCT) director Tanya Burnell receives 16,622 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burnell Tanya reported acquisition or exercise transactions in this Form 4 filing.
PureCycle Technologies, Inc. director Tanya Burnell received a grant of 16,622 shares of common stock in the form of restricted stock units at a stated price of $0.00 per share. After this award, she directly holds 106,422 shares of the company’s common stock.
The restricted stock units were granted under the company’s 2021 long-term incentive plan and will vest on the earlier of the one-year anniversary of the grant date or the company’s next regular annual meeting of stockholders in the following calendar year.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burnell Tanya
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,622 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 106,422 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 16,622 shares
Transaction price: $0.00 per share
Shares held after grant: 106,422 shares
+2 more
5 metrics
RSUs granted
16,622 shares
Restricted stock unit award to director on 2026-05-12
Transaction price
$0.00 per share
Stated price for RSU grant
Shares held after grant
106,422 shares
Director’s direct holdings following RSU award
Vesting trigger 1
One-year anniversary
RSUs vest on one-year anniversary of grant date
Vesting trigger 2
Next annual meeting
Alternative vesting on next regular annual meeting in following year
Key Terms
restricted stock units, 2021 long-term incentive plan, annual meeting of stockholders, grant, award, or other acquisition
4 terms
restricted stock units financial
"The restricted stock units were granted as part of the Company's 2021 long-term incentive plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2021 long-term incentive plan financial
"were granted as part of the Company's 2021 long-term incentive plan"
annual meeting of stockholders financial
"the date of the Company's regular annual meeting of stockholders which occurs in the calendar year"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did PureCycle Technologies (PCT) director Tanya Burnell report in this Form 4?
Director Tanya Burnell reported receiving 16,622 restricted stock units of PureCycle common stock. These units are part of her equity compensation and increase her direct holdings to 106,422 shares after the grant, reflecting a routine long-term incentive award rather than an open-market stock purchase.
What are the vesting terms of Tanya Burnell’s new restricted stock units in PureCycle (PCT)?
The restricted stock units vest on the earlier of two dates: the one-year anniversary of the grant date or the date of PureCycle’s regular annual meeting of stockholders held in the following calendar year. These time-based vesting conditions align the director’s compensation with ongoing board service.