Jirapongphan Siri 4
Research Summary
AI-generated summary
PureCycle (PCT) Director Jirapongphan Siri Receives 16,622 RSU Award
What Happened
- Jirapongphan Siri, 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 at $0.00 per share (total reported value $0) under the Company’s 2021 long-term incentive plan.
Key Details
- Transaction date: 2026-05-12; Form 4 filed: 2026-05-13.
- Transaction type/code: Award/Grant (A) — 16,622 RSUs; reported price $0.00.
- Shares/units owned after transaction: not specified in this filing.
- Vesting: Per footnote F1, the RSUs vest on the earlier of (a) the one-year anniversary of the grant date or (b) the Company’s regular annual meeting of stockholders in the calendar year following the grant.
- No cash changed hands; this is a compensation grant, not an open-market purchase or sale.
- Filing does not indicate tardiness or special trading plan.
Context
- RSUs are a promise to deliver shares if/when vesting conditions are met and are commonly used for director compensation; they may be forfeited if vesting conditions aren’t met. Grants signal alignment via compensation but are routine and don’t by themselves imply the insider is buying or selling company stock.