---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-029551"
form_type: "8-K"
ticker: "PCT"
cik: "0001830033"
company_name: "PureCycle Technologies, Inc."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T23:58:11.177080+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PureCycle receives preliminary court approval for derivative lawsuit settlement with $3M payment from insurers

## Summary
- Court preliminarily approved settlement of shareholder derivative lawsuits on Feb 18, 2025.
- Insurers to pay $3 million to PureCycle as monetary component of settlement.
- PureCycle agrees to adopt corporate governance reforms including board composition changes.
- Settlement resolves claims of breach of fiduciary duty and securities law violations.
- Final approval hearing to be scheduled; notice sent to shareholders.

## SEC filing metadata
- accession: 0000950170-25-029551
- form_type: 8-K
- ticker: PCT
- cik: 0001830033
- company_name: PureCycle Technologies, Inc.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830033/000095017025029551/0000950170-25-029551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830033/000095017025029551/pct-20250228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-029551
- JSON: https://secwatch.observer/filing/0000950170-25-029551.json
- Plain text: https://secwatch.observer/filing/0000950170-25-029551.txt

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