Kalter Brad 4
4 · PureCycle Technologies, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
PureCycle (PCT) GC Brad Kalter Surrenders Shares for Tax Withholding
What Happened
Brad Kalter, General Counsel, Chief Compliance Officer and Secretary of PureCycle Technologies (PCT), surrendered a total of 7,749 shares to satisfy tax withholding obligations tied to the vesting of an equity grant. On Feb 20, 2026 he surrendered 2,841 shares at $8.99 each (value $25,541) and on Feb 21, 2026 he surrendered 4,908 shares at $8.99 each (value $44,123), for a combined value of approximately $69,664. These transactions are tax-withholding dispositions (code F), not open-market sales.
Key Details
- Transaction dates/prices: 2026-02-20 — 2,841 shares @ $8.99; 2026-02-21 — 4,908 shares @ $8.99.
- Total shares surrendered: 7,749; total value reported: $69,664 (sum of amounts reported).
- Footnote: Shares were surrendered to cover tax liability upon vesting of a grant under the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan (footnote F1).
- Filing: Report filed on 2026-02-23 — appears to be timely (within the Form 4 two-business-day reporting window).
- Shares owned after the transactions: Not specified in the provided filing.
Context: This was a routine tax-withholding action following vesting (a disposition coded "F"), not an open-market sale or a new purchase. Such withholding is common when restricted stock or other awards vest; it reflects payroll/tax handling rather than a signal of personal buying or selling intent.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-20$8.99/sh−2,841$25,541→ 188,588 total - Tax Payment
Common Stock
[F1]2026-02-21$8.99/sh−4,908$44,123→ 183,680 total
- 120,000(indirect: By Trust)
Common Stock
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.