secwatch.observer — SEC 8-K summary
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Issuer:     PureCycle Technologies, Inc. (PCT)
CIK:        0001830033
Form:       8-K
Filed at:   2025-01-06T23:59:59+00:00
Accession:  0000950170-25-001720
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PureCycle amends former CFO Dee's separation; extends share vesting to Dec 2026 for $620K payment
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- 333,333 restricted shares originally expiring Dec 31, 2024 now vest by Dec 31, 2026 if Ironton plant is certified operational by Leidos.
- Dee must pay $620,000 in four equal installments starting Dec 31, 2024 through Sep 30, 2025.
- Dee waives and releases all claims against PureCycle in connection with the amendment.
- Ironton plant not yet certified operational as of Dec 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830033/000095017025001720/0000950170-25-001720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830033/000095017025001720/pct-20241231.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-001720

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer