Form 4: PureCycle Technologies CEO Dustin Olson Reports Stock Disposal
SEC Form 4 Filing
Dustin Olson, CEO of PureCycle Technologies, disposed of 16,019 shares of common stock on March 22, 2024, to cover tax obligations.
Summary
- Dustin Olson, the CEO of PureCycle Technologies, reported a transaction involving the disposal of company stock.
- On March 22, 2024, Olson disposed of 16,019 shares of common stock at a price of $6.07 per share.
- This transaction was executed to cover tax obligations, as indicated by transaction code 'F'.
- Following the transaction, Olson still beneficially owns 1,074,460 shares of PureCycle Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of stock disposal transaction |
| 03/26/2024 | Date of signature on the Form 4 filing |
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