PureCycle (PCT) GC Brad Kalter Receives Stock Award

What Happened
Brad Kalter, General Counsel, Chief Compliance Officer and Secretary of PureCycle Technologies (PCT), was granted a total of 60,452 shares on February 17, 2026. The filing reports two award transactions: 34,580 restricted stock units (RSUs) and 25,872 shares from a derivative/nonqualified award. Both were reported at $0.00 per share (compensation grants), so no cash was paid.

Key Details

• Transaction dates and types: 2026-02-17 — 34,580 RSUs (Grant/Award, code A) and 25,872 derivative/nonqualified award (Grant/Award, code A). Both reported at $0.00.
• Vesting: RSUs vest over four years with quarterly vesting (footnote F1). The nonqualified award’s exercise is subject to vesting three years after grant (footnote F2).
• Shares owned after transaction: not disclosed in the Form 4 provided.
• Filing timeliness: Reported on 2026-02-19 for transactions on 2026-02-17; appears timely (Form 4 due within two business days).
• Footnotes: F1 details 2021 LTIP RSU vesting schedule; F2 notes exercise/vesting timing for the nonqualified award.

Context
These awards are compensation grants rather than open-market purchases or sales and typically reflect long-term incentive pay. The derivative award requires vesting/exercise before becoming vested shares; RSUs convert to shares as they vest. Grants at $0.00 do not indicate an immediate cash investment by the insider and do not on their own signal a buy/sell market action.