PureCycle executive receives stock grant, surrenders shares
PureCycle Technologies, Inc. reported that executive officer Brad Kalter had equity compensation vest and related tax withholding transactions in company stock.
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Rhea-AI Filing Summary
PureCycle Technologies, Inc. reported that executive officer Brad Kalter had equity compensation vest and related tax withholding transactions in company stock. On February 27, 2026, he acquired 14,200 shares of common stock at $0.00 per share from the vesting of performance share units originally granted on March 22, 2023. On the same date, 4,593 shares were surrendered at $6.31 per share to cover tax liabilities tied to this vesting. After these transactions, Kalter directly owned 193,287 shares of PureCycle common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,200 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,593 | $6.31 | $29K |
Footnotes (2)
- F1. Reflects the issuance of shares on February 27, 2026, upon the vesting of certain performance share units granted on March 22, 2023.
- F2. Represents shares surrendered by the Reporting Person to cover tax liability associated with the vesting of performance shares granted to the Reporting Person pursuant to the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan.
FAQ
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What insider transactions did PureCycle (PCT) report for Brad Kalter?
What type of equity award vested for Brad Kalter at PureCycle (PCT)?
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