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New Director at PureCycle ($PCT) Reports $300k Preferred Stock Holding

Low SignificanceNovember 6, 2025 at 6:31:52 PM EST

PureCycle Technologies, Inc.

$PCT3CIK: 0001830033

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Filing Summary

New Director at PureCycle ($PCT) Reports Initial Holding

Company: PureCycle Technologies, Inc. (PCT) Form: 3 | Filed: 2025-11-06 Significance: Low

Insider: Jirapongphan Siri Title: Director | Relationship: Director

Transaction: • Type: Initial Holding (Purchase) • Security: Series B Convertible Perpetual Preferred Stock • Shares: 300 • Price: $1,000.00 • Value: $300,000 • Owned After: 300 shares of preferred stock

Key Insight: A new director reports their initial position in the company via a $300,000 investment in convertible preferred stock, signaling a baseline alignment of interests. The transaction size is minimal compared to the company's market cap.

Comprehensive Analysis

SEC Filing Analysis: PureCycle Technologies, Inc. (PCT)

Executive Summary

  • Trading Significance: Low
  • Key Takeaway: A newly appointed director, Siri Jirapongphan, has filed an initial statement of ownership, disclosing a $300,000 investment in the company's Series B Convertible Perpetual Preferred Stock.
  • Market Impact: Minimal market impact is expected due to the small size of the investment relative to the company's market capitalization.

Company Information

FieldValue
CompanyPureCycle Technologies, Inc.
Ticker SymbolPCT
CIK0001830033
IndustryPLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS

Insider Information

FieldValue
NameJirapongphan Siri
CIK0002095315
Title/PositionDirector
RelationshipDirector

Transaction Details

FieldValue
Form Type3
Event Date2025-10-28
Transaction CodeN/A (Initial Filing)
Security TypeSeries B Convertible Perpetual Preferred Stock
Shares Involved300
Price Per Share$1000.00
Total Value$300,000
Shares Owned After300 (of preferred stock)
Ownership TypeDirect

Financial Impact Assessment

Transaction Materiality

MetricValue
Transaction Value$300,000
% of Market Cap0.016%
Underlying Common Shares~21,398 (based on $14.02 conversion price)
% of Shares Outstanding0.012%
Materiality AssessmentLow

Impact Evaluation

  • Market Cap Context: The $300,000 transaction is negligible for a company with a $1.82 billion market capitalization.
  • Ownership Concentration: This initial holding represents a very small potential stake in the company, demonstrating a standard alignment of interests for a new board member rather than a significant ownership position.
  • Transaction Significance: The filing is a routine Form 3, required upon an individual becoming an insider. The value is not material to the company's valuation or share structure.

Market Impact Analysis

Stock Impact Prediction

  • Direction: Neutral
  • Reasoning: An initial holding by a new director is a standard procedure. The investment size is too small to signal any significant insider sentiment or to impact the stock price.

Volume & Sentiment

  • Expected Volume Impact: None. This is a disclosure of a previously completed transaction and is not expected to influence trading volume.
  • Sentiment Indicator: Neutral. This is a procedural filing and a standard gesture of commitment from a new director.

Additional Context

Transaction Notes

  • This Form 3 filing marks the initial statement of beneficial ownership for Siri Jirapongphan, who has become a director. The holding is not in common stock but in convertible preferred stock, which can be converted into common stock in the future.
Topics:#SECFiling#InsiderTrading#PCT#PCTStock#Form3#PureCycle#Investing#StockMarket#Director

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