Form 4: PureCycle Technologies Officer Disposes of Shares for Tax Obligations
Insider Transaction Report
PureCycle Technologies' General Counsel, Brad Kalter, disposed of 6,066 shares of common stock to cover tax obligations related to a vested equity grant.
Summary
- Brad Kalter, General Counsel, Chief Compliance Officer, and Secretary of PureCycle Technologies, Inc. (PCT), reported a transaction involving company common stock.
- On July 8, 2025, Kalter disposed of 6,066 shares of PCT common stock.
- The shares were surrendered at a price of $14.56 per share.
- This disposition was specifically to cover tax liability associated with the vesting of an equity grant received by Kalter, pursuant to the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan.
- Following this transaction, Kalter directly owns 202,179 shares of common stock.
- Additionally, Kalter indirectly owns 77,500 shares through the Brad S. Kalter and Julie F. Kalter Revocable Trust.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares to cover tax liabilities associated with equity compensation, which is a common practice and does not indicate a change in sentiment regarding the company's prospects.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
NA
Comparison to Industry Standards
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Minimal direct impact on shareholders as it is a routine tax-related disposition of shares by an officer, not a discretionary sale.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 07/08/2025 | Date of the reported transaction where shares were disposed of. |
| 07/09/2025 | Date the Form 4 was signed by the attorney-in-fact for Brad S. Kalter. |
Keywords
PureCycle Technologies, PCT, Form 4, insider transaction, equity compensation, tax liability, common stock, Brad Kalter
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.