Form 4: PureCycle General Counsel Sells Shares for Tax

PureCycle Technologies' General Counsel, Brad Kalter, disposed of 2,830 common shares to cover tax liabilities related to a vested equity grant.

Summary

• Brad Kalter, General Counsel, Chief Compliance Officer, and Secretary of PureCycle Technologies, Inc. (PCT), reported a transaction involving the company's common stock.
• On September 23, 2025, Kalter disposed of 2,830 shares of PureCycle Technologies common stock.
• The disposition was executed at a price of $13.9 per share.
• This transaction represents shares surrendered by Kalter to cover tax liability associated with the vesting of an equity grant, as per the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan.
• Following this transaction, Kalter directly beneficially owns 156,849 shares of common stock.
• Additionally, Kalter indirectly beneficially owns 120,000 shares through the Brad S. Kalter and Julie F. Kalter Revocable Trust.

Sentiment

Score: 5

Explanation: The transaction is neutral as it represents a routine tax-related disposition of shares following an equity grant vesting, rather than an open-market sale indicating a change in sentiment.

Positives

• The transaction is a routine tax-related disposition, not an open-market sale, which typically indicates less concern about the company's future prospects from the insider.

Negatives

• A reduction in direct beneficial ownership, even for tax purposes, slightly decreases the insider's direct equity alignment with shareholders.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal direct impact on shareholders as it's a routine tax-related transaction, not a discretionary sale indicating a change in insider confidence.

Key Dates

Recommendation

The filing details a routine tax-related disposition of shares by an insider, which does not provide new fundamental information to warrant a change in investment recommendation. It's a common event for executives receiving equity compensation and does not signal a change in management's outlook or the company's prospects. Therefore, a 'hold' recommendation is appropriate as this specific filing does not present a compelling reason to buy or sell.

Keywords

PureCycle Technologies, PCT, Brad Kalter, Form 4, Insider Transaction, Equity Compensation, Tax Liability, Common Stock