Olson Dustin 4

What Happened

Dustin Olson, CEO of PureCycle Technologies (PCT), disposed of 2,141 shares on May 20, 2026 to cover tax liability tied to the vesting of an equity grant. The shares were reported at $11.86 each, for a total value of approximately $25,392. The Form 4 lists the transaction as a tax withholding/surrender (transaction code F).

Key Details

• Transaction date: 2026-05-20; reported on Form 4 filed 2026-05-21 (timely filing).
• Shares surrendered/Disposed: 2,141 at $11.86 each — total ≈ $25,392.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — Shares were surrendered to cover tax liability associated with the vesting of a grant under the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan.
• Transaction type: Tax withholding/cashless settlement (routine), not an open-market sale.

Context

This was a share surrender to satisfy tax withholding on vested equity, a common administrative step that does not necessarily reflect the CEO’s view on the company. Such transactions are treated differently from voluntary open‑market sales or purchases and are generally considered routine.