PureCycle (PCT) Director Jacoby Allen Receives 16,622 RSUs

What Happened

• Jacoby Allen, a director of PureCycle Technologies, was granted 16,622 restricted stock units (RSUs) on 2026-05-12. The grant is reported as an award/acquisition (code A) with an acquisition price of $0.00, meaning no cash was paid for the award at grant.

Key Details

• Transaction date: 2026-05-12; Form 4 filed: 2026-05-13 (timely filing).
• Transaction type/code: Grant/Award (A); price reported: $0.00; number of RSUs: 16,622.
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs were granted under the 2021 long-term incentive plan and vest on the earlier of (a) the one-year anniversary of the grant or (b) the Company’s regular annual meeting in the calendar year following the grant.
• No tax-withholding or sale information reported in this filing.

Context

• RSUs are a grant that convert into shares only upon vesting; this is not an open-market purchase or a sale, and does not represent immediate share ownership or proceeds. Such grants are common for director compensation and should be viewed as compensation rather than a direct market signal.