Form 4: PureCycle Technologies Executive Brad Kalter Reports Stock Disposal
SEC Form 4 Filing
Brad Kalter, General Counsel and Secretary of PureCycle Technologies, disposed of 3,114 shares of common stock on March 2, 2024, to cover tax obligations.
Summary
- On March 2, 2024, Brad Kalter, the General Counsel and Secretary of PureCycle Technologies, disposed of 3,114 shares of common stock.
- The transaction was executed at a price of $6.07 per share.
- Following the transaction, Kalter directly owns 245,213 shares of PureCycle Technologies.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral 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 small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Date of stock disposal transaction |
| 03/04/2024 | Date of signature on the report |
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