Mars Valerie Anne 4
Research Summary
AI-generated summary
PureCycle (PCT) Director Mars Valerie Anne Receives RSU Award
What Happened
- Mars Valerie Anne, a director of PureCycle Technologies, was granted 16,622 restricted stock units (RSUs) on May 12, 2026. The reported acquisition price is $0.00 (award), so no cash purchase was made. This transaction is an award rather than a market buy or sale.
Key Details
- Transaction date: 2026-05-12; Form 4 filed 2026-05-13 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares granted: 16,622 RSUs at $0.00 per share (no cash exchanged).
- Shares owned after transaction: Not specified in this Form 4.
- Footnote: RSUs granted under the company’s 2021 long-term incentive plan and vest on the earlier of (a) one year from grant or (b) the company’s regular annual meeting the year after the grant.
- Filing status: Not reported as late.
Context
- RSU awards are compensation grants that typically convert into shares upon vesting; they are not purchases and do not by themselves signal insider buying or selling intent.
- Vesting schedule (per footnote) means these units will convert to shares within about a year unless other plan conditions apply. Taxes are generally due when RSUs vest, not at grant.