PureCycle Technologies, Inc.·4

Feb 23, 4:53 PM ET

Olson Dustin 4

4 · PureCycle Technologies, Inc. · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

PureCycle (PCT) CEO Dustin Olson Surrenders Shares for Taxes

What Happened

  • Dustin Olson, CEO of PureCycle Technologies (PCT), surrendered a total of 36,731 shares to satisfy tax withholding obligations tied to the vesting of an equity grant. The transactions were reported as disposals under code F (tax withholding).
  • Details: 12,131 shares surrendered on 2026-02-20 at $8.99/share for $109,058; 24,600 shares surrendered on 2026-02-21 at $8.99/share for $221,154. Combined value ≈ $330,212.

Key Details

  • Transaction dates and prices: 2026-02-20 (12,131 shares @ $8.99), 2026-02-21 (24,600 shares @ $8.99).
  • Transaction code: F — shares surrendered to cover tax liability (share withholding/cashless cover).
  • Footnote: F1 states these shares were surrendered to cover tax liability related to the vesting of a grant under the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan.
  • Filing: Form 4 filed 2026-02-23 for report period 2026-02-20; filing appears timely based on the reported dates.
  • Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context

  • This was a routine tax-withholding share surrender (common when equity awards vest), not an open-market sale or a new purchase. Such transactions typically reflect fulfillment of withholding obligations rather than a directional bet on the stock.
  • For retail investors, tax-withholding disposals are informational but generally less indicative of the insider’s view than outright open-market purchases or sales.

Insider Transaction Report

Form 4
Period: 2026-02-20
Olson Dustin
DirectorChief Executive Officer
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-02-20$8.99/sh12,131$109,0581,351,592 total
  • Tax Payment

    Common Stock

    [F1]
    2026-02-21$8.99/sh24,600$221,1541,326,992 total
Footnotes (1)
  • [F1]Represents shares surrendered by the Reporting Person to cover tax liability associated with the vesting of a grant to the Reporting Person pursuant to the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan.
Signature
Brad S. Kalter as attorney-in-fact for Dustin Olson|2026-02-23

Documents

1 file
  • 4
    ownership.xmlPrimary

    4