PureCycle (PCT) executive gets stock award and surrenders shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kalter Brad
Role
General Counsel, CCO & Scty.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,200 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,593 | $6.31 | $29K |
Holdings After Transaction:
Common Stock — 197,880 shares (Direct)
Footnotes (1)
- Reflects the issuance of shares on February 27, 2026, upon the vesting of certain performance share units granted on March 22, 2023. 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
What insider transactions did PureCycle (PCT) report for Brad Kalter?
PureCycle (PCT) reported that executive Brad Kalter had performance share units vest, issuing 14,200 common shares on February 27, 2026. On the same date, 4,593 shares were surrendered to cover tax liabilities related to this vesting under the 2021 Equity and Incentive Compensation Plan.
What type of equity award vested for Brad Kalter at PureCycle (PCT)?
The equity award that vested for Brad Kalter at PureCycle (PCT) consisted of performance share units. These units, granted on March 22, 2023, converted into 14,200 shares of common stock upon vesting on February 27, 2026, as disclosed in the Form 4 footnotes.