Form 4: PureCycle Technologies Executive Brad Kalter Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Brad Kalter, General Counsel, CCO & Secretary of PureCycle Technologies, reports disposing of shares to cover tax liabilities related to vesting equity.
Summary
- On March 2, 2025, Brad Kalter, General Counsel, CCO & Secretary of PureCycle Technologies, disposed of 3,398 shares of common stock to cover tax liabilities.
- The shares were disposed of at a price of $10.3.
- Following the transaction, Kalter directly owns 214,807 shares of PureCycle Technologies.
- Kalter also indirectly owns 77,500 shares through the Brad S. Kalter and Julie F. Kalter Revocable Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (selling shares to cover taxes). It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/02/2025 | Date of transaction: Brad Kalter disposed of shares to cover tax liability. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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