PureCycle Technologies, Inc.·4

Feb 23, 5:10 PM ET

VASQUEZ JAIME 4

Research Summary

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PureCycle (PCT) CFO Jaime Vasquez Surrenders Shares for Taxes

What Happened Jaime Vasquez, Chief Financial Officer of PureCycle Technologies (PCT), surrendered a total of 8,651 shares to satisfy tax withholding tied to the vesting of an equity grant. The transactions occurred on Feb 20–21, 2026: 3,057 shares at $8.99 each ($27,482) on Feb 20 and 5,594 shares at $8.99 each ($50,290) on Feb 21, totaling approximately $77,772. These were disposals to cover tax obligations (routine withholding), not open-market sales for cash.

Key Details

  • Transaction dates & prices: Feb 20, 2026 — 3,057 shares @ $8.99; Feb 21, 2026 — 5,594 shares @ $8.99.
  • Total shares surrendered: 8,651; total value about $77,772.
  • Transaction code: F (tax withholding / shares surrendered to cover tax liability).
  • Footnote: Shares were surrendered to cover tax liability from vesting under the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan (F1).
  • Filing: Form 4 filed Feb 23, 2026; the filing shows the transactions occurred Feb 20–21 and does not indicate a late filing.
  • Shares owned after the transaction: not specified in the provided filing.

Context This was a tax-withholding event tied to a vesting equity award (a common administrative transaction). Such surrenders are routine and typically do not signal a deliberate market-timing sale by the insider. Transaction code F indicates shares were used to satisfy tax obligations rather than a purchase (P) or gift (G).