Dustin Olson, Chief Executive Officer and Director of PureCycle Technologies, Inc., filed a statement of changes in beneficial ownership on August 7, 2026, reporting a transaction in the company's common stock dated August 5, 2026.

Key Highlights

  • Reporting person: Dustin Olson, identified as both Director and Chief Executive Officer of PureCycle Technologies, Inc.
  • Transaction date: August 5, 2026, with the filing submitted on August 7, 2026.
  • Shares disposed: 11,149 shares of common stock surrendered, coded "F," at a price of $6.87 per share.
  • Purpose of disposal: 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.
  • Resulting ownership: Following the transaction, Olson directly holds 1,309,960 shares of common stock.
  • Filing agent: The form was signed by Brad S. Kalter as attorney-in-fact for Dustin Olson.

PureCycle Technologies CEO's Share Surrender Tied to Equity Plan Vesting

According to the filing, Dustin Olson, who serves as Chief Executive Officer and Director of PureCycle Technologies, Inc. (NASDAQ: PCT), disposed of 11,149 shares of common stock on August 5, 2026. The transaction was recorded under code "F," which the filing associates with shares surrendered to satisfy a tax withholding obligation. The price reported for the transaction was $6.87 per share. PureCycle Technologies is a recycling company focused on purifying recycled polypropylene, and Olson's equity holdings reflect his position under the company's 2021 Equity and Incentive Compensation Plan.

The filing's footnote explains that the disposal "represents shares surrendered by the Reporting Person to cover tax liability associated with the vesting of a grant to the Reporting Person pursuant to the PureCycle Technologies, Inc. 2021 Equity and Incentive Compensation Plan." Following the reported transaction, Olson directly beneficially owns 1,309,960 shares of PureCycle Technologies common stock. No derivative securities transactions were reported in Table II of the filing. The form was filed by one reporting person and signed by Brad S. Kalter as attorney-in-fact on August 7, 2026.

What Was Disclosed

The filing disclosed that PureCycle Technologies CEO Dustin Olson surrendered 11,149 common shares at $6.87 per share on August 5, 2026, to cover taxes from an equity plan vesting, leaving him with direct beneficial ownership of 1,309,960 shares.