secwatch.observer — SEC 8-K summary
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Issuer:     PureCycle Technologies, Inc. (PCT)
CIK:        0001830033
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001830033-22-000032
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830033/000183003322000032/0001830033-22-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830033/000183003322000032/pct-20220510.htm
  HTML page:      https://secwatch.observer/filing/0001830033-22-000032

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