---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-090725"
form_type: "8-K"
ticker: "PCT"
cik: "0001830033"
company_name: "PureCycle Technologies, Inc."
filed_at: "2024-08-05T23:59:59+00:00"
generated_at: "2026-05-31T13:12:57.071364+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# PureCycle appoints Daniel Coombs as non-executive chairman; pays $225K bonus for prior service

## Summary
- Daniel Coombs transitions from Executive Chair to non-executive chairman effective August 5, 2024.
- Board approved $225,000 target bonus payment to Coombs for his second year as Executive Chair.
- Coombs' term as Executive Chair expired after serving two annual terms.

## SEC filing metadata
- accession: 0000950170-24-090725
- form_type: 8-K
- ticker: PCT
- cik: 0001830033
- company_name: PureCycle Technologies, Inc.
- filed_at: 2024-08-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830033/000095017024090725/0000950170-24-090725-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830033/000095017024090725/pct-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-090725
- JSON: https://secwatch.observer/filing/0000950170-24-090725.json
- Plain text: https://secwatch.observer/filing/0000950170-24-090725.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.