Coombs Daniel M 4

What Happened

• Daniel M. Coombs, a director of PureCycle Technologies, was granted 16,622 restricted stock units (RSUs) on May 12, 2026. The Form 4 records the acquisition price as $0.00 (code A — award/grant), so no cash was paid by the insider for these units at grant.

Key Details

• Transaction date and type: 2026-05-12 — Award/Grant of 16,622 RSUs (code A).
• Price: $0.00 per share as reported; total acquisition value shown as $0 on the filing (this reflects a compensation grant, not a market purchase).
• Shares owned after transaction: Not specified in the filed excerpt.
• Footnote: The RSUs were granted under the company’s 2021 long-term incentive plan and vest on the earlier of (a) one year after grant or (b) the company’s regular annual meeting in the calendar year following the grant year.
• Timeliness: Report filed 2026-05-13 for a 2026-05-12 transaction — appears timely (no late filing flag noted).

Context

• These RSUs are a compensation award, not an open-market purchase or sale. They generally vest over time (per the footnote), so they do not represent immediate selling activity or a cash investment by the insider.
• For retail investors, grants like this signal executive/director compensation alignment with shareholders but are not a direct bullish or bearish trading signal on their own. The ultimate value to the insider will depend on PureCycle’s stock price at vesting.