PureCycle CEO surrenders shares for tax withholding
Rhea-AI Filing Summary
PureCycle Technologies, Inc. Chief Executive Officer Dustin Olson reported a tax-withholding disposition of 11,149 shares of common stock on 2026-08-05 at $6.87 per share, surrendered to cover tax liability from a vesting equity grant under the company's 2021 Equity and Incentive Compensation Plan. After this, he directly holds 1,309,960 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 11,149 | $6.87 | $77K |
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.
Key Figures
Key Terms
tax-withholding disposition financial
Common Stock financial
Equity and Incentive Compensation Plan financial
FAQ
What transaction did PureCycle (PCT) CEO Dustin Olson report on this Form 4?
Dustin Olson reported surrendering 11,149 shares of PureCycle common stock on 2026-08-05 at $6.87 per share to cover tax liabilities from a vesting equity grant. These shares were delivered for taxes rather than sold in the open market.
Does this PureCycle (PCT) Form 4 show any open-market buying or selling by the CEO?
No open-market purchases or sales are reported. The Form 4 records only a tax-withholding disposition of 11,149 shares, surrendered to satisfy tax liability on a vesting equity grant, with no separate buy or sell transactions disclosed.
Was the reported PureCycle (PCT) transaction under a Rule 10b5-1 trading plan?
The transaction was not reported as under a Rule 10b5-1 plan. The document-level checkbox indicating trades pursuant to a Rule 10b5-1 arrangement was not selected for this tax-withholding share surrender.
AI-generated analysis. How Rhea-AI works. Not financial advice.