Carpenter Donald 4
Research Summary
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PureCycle (PCT) CFO Donald Carpenter Surrenders 3,017 Shares for Taxes
What Happened Donald Carpenter, Chief Financial Officer of PureCycle Technologies (PCT), surrendered 3,017 shares on 2026-05-20 to satisfy tax withholding tied to a vesting equity grant. The shares were valued at $11.86 each, for a total of $35,782. This was a tax-withholding disposition (not a market sale) associated with an award vesting under the company's equity plan.
Key Details
- Transaction date and price: 2026-05-20 at $11.86 per share.
- Shares surrendered/disposed: 3,017 shares; total value $35,782.
- Transaction code: F (payment of exercise price or tax liability) — here used for tax withholding.
- Footnote: Shares were surrendered to cover tax liability related to vesting under the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: Reported on 2026-05-21 for a 2026-05-20 transaction — appears timely (no late filing indicated).
Context This was a routine tax-withholding transaction on a vested award (shares surrendered to cover withholding), not an open-market sale or new purchase. Such transactions are common when equity grants vest and generally reflect tax mechanics rather than a view on the stock.