Form 4: PureCycle Technologies Corporate Controller Reports Stock Disposal
SEC Form 4 Filing
Melissa Trednick, Corporate Controller of PureCycle Technologies, reports the disposal of 2,203 shares of common stock to cover tax obligations.
Summary
- On July 8, 2024, Melissa Trednick, the Corporate Controller of PureCycle Technologies, disposed of 2,203 shares of common stock.
- The transaction was executed at a price of $5.28 per share.
- The disposal was likely to cover tax obligations related to vesting of stock or option exercises.
- Following the transaction, Trednick directly owns 106,341 shares of PureCycle Technologies common stock.
- Trednick also indirectly owns 11,400 shares through the Melissa Westerman Living Trust.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a routine stock transaction by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders. This allows the public to see when company insiders are buying or selling shares of their own company.
Key Dates
| Date | Description |
|---|---|
| 07/08/2024 | Date of stock disposal transaction |
| 07/09/2024 | Date of Form 4 signature |
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