Form 4: PureCycle Technologies Executive Brad Kalter Reports Stock Transaction
SEC Form 4 Filing
Brad Kalter, General Counsel, CCO & Secretary of PureCycle Technologies, reports disposition of shares to cover tax liability.
Summary
- On February 22, 2025, Brad Kalter, General Counsel, CCO & Secretary of PureCycle Technologies, Inc., reported a transaction involving the company's common stock.
- Kalter disposed of 5,196 shares at a price of $9.83 per share to cover tax liabilities associated with the vesting of a grant under the company's 2021 Equity and Incentive Compensation Plan.
- Following the transaction, Kalter directly owns 218,205 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 standard regulatory filing regarding stock transactions, and does not contain information that would significantly impact sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of stock transaction |
| 02/24/2025 | Date of signature on the report |
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