Form 4: PureCycle Technologies Corporate Controller, Melissa Trednick, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Melissa Trednick, Corporate Controller of PureCycle Technologies, reports the disposition of 2,491 shares of common stock to cover tax obligations, while also reporting beneficial ownership of 11,400 shares held in a living trust.
Summary
- On March 2, 2024, Melissa Trednick, Corporate Controller of PureCycle Technologies, reported a transaction involving the company's common stock.
- Ms. Trednick disposed of 2,491 shares at a price of $6.07 per share to satisfy tax obligations.
- Following this transaction, Ms. Trednick directly owns 109,744 shares of PureCycle Technologies.
- Ms. Trednick also indirectly owns 11,400 shares through the Melissa Westerman Living Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction appears to be routine. Therefore, the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates activity by a key officer at PureCycle Technologies.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Date of transaction involving the disposition of shares. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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