---
schema_version: "secwatch.filing_event.v1"
accession: "0001830033-22-000032"
form_type: "8-K"
ticker: "PCT"
cik: "0001830033"
company_name: "PureCycle Technologies, Inc."
filed_at: "2022-05-12T23:59:59+00:00"
generated_at: "2026-06-25T19:13:56.392593+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# PureCycle details COO Olson's compensation; stockholders elect Class I directors at AGM

## Summary
- COO Dustin Olson's base salary raised from $420k to $450k retroactive to March 1, 2022.
- STIP target increased to 85% of base ($382,500); LTI grant of $350k awarded as PSUs and RSUs.
- Stockholders elected Tanya Burnell, Timothy Glockner, and Dr. John Scott as Class I directors.
- Ratified Grant Thornton LLP as auditor for FY2022 with 110.7M votes For.
- Allen Jacoby appointed to Nominating and Governance Committee; Stephen Bouck named chair of Compensation Committee.

## SEC filing metadata
- accession: 0001830033-22-000032
- form_type: 8-K
- ticker: PCT
- cik: 0001830033
- company_name: PureCycle Technologies, Inc.
- filed_at: 2022-05-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830033/000183003322000032/0001830033-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830033/000183003322000032/pct-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001830033-22-000032
- JSON: https://secwatch.observer/filing/0001830033-22-000032.json
- Plain text: https://secwatch.observer/filing/0001830033-22-000032.txt

## Key facts
- Executive change
  Dustin Olson was appointed as Chief Operating Officer and Chief Manufacturing Officer at PureCycle Technologies, Inc..
  - Action: appointed
  - Role: Chief Operating Officer and Chief Manufacturing Officer
  source text: On May 10, 2022, the Compensation Committee of the Board (the "Compensation Committee") approved the following changes to the compensation of Dustin Olson in light of his appointment to the position of Chief Operating Officer and Chief Manufacturing Officer:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830033/000183003322000032/0001830033-22-000032-index.htm

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