Form 4: PureCycle Technologies Executive Brad Kalter Reports Stock Transactions
SEC Form 4 Filing
Brad Kalter, General Counsel, CCO & Secretary of PureCycle Technologies, reports acquisition and disposal of common stock and stock options.
Summary
- On February 20, 2025, Brad Kalter, General Counsel, CCO & Secretary of PureCycle Technologies, reported transactions involving PureCycle Technologies' stock.
- Kalter acquired 30,193 shares of common stock at $0, and disposed of 77,500 shares held indirectly through the Brad S. Kalter and Julie F. Kalter Revocable Trust.
- He also acquired 16,897 employee stock options with an exercise price of $10.58, exercisable starting February 20, 2028, and expiring on February 20, 2035.
- Following these transactions, Kalter directly owns 223,401 shares of common stock and 16,897 derivative securities.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting insider transactions. There's no inherent positive or negative implication without further context.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of earliest transaction: Acquisition of common stock and stock options, disposal of common stock. |
| 02/20/2028 | Date employee stock options become exercisable. |
| 02/20/2035 | Expiration date of employee stock options. |
| 02/21/2025 | Date of signature for the Form 4 filing. |
Keywords
PureCycle Technologies, Brad Kalter, stock options, common stock, Form 4, insider trading, securities, transactions
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