Pure Cycle Corporation filings document formal disclosures for a Colorado operating company with common stock listed on Nasdaq under PCYO. Recent Form 8-K reports include operating and financial results furnished through earnings press releases, capital-structure information for the registered common stock, and material-event disclosures tied to the company's business and governance.
The filing record also covers material definitive agreements, shareholder-related arrangements, board composition, committee formation, and other governance matters. These disclosures sit alongside company-specific reporting on water and wastewater operations, Sky Ranch land development, single-family rental activity, and related risk and capital-allocation topics.
Pure Cycle Corp. CEO and director Mark W. Harding exercised options for 50,000 common shares on September 22, 2026, at a $5.61 exercise price. Pure Cycle withheld 25,271 shares for payment of the exercise price, based on a market price of $11.10 per share. His reported remaining option position was 255,000 options, expiring October 12, 2026.
PURE CYCLE CORP (PCYO) reported that director Christopher Fink received an award of common stock. On September 16, 2026, he acquired 1,123 shares of Pure Cycle common stock at no purchase price as a grant or award, and he directly holds 1,123 shares after this transaction. No Rule 10b5-1 trading plan is reported for this award.
PURE CYCLE CORP (PCYO) filed an initial statement of beneficial ownership for Christopher Fink, who is identified as a director of the company. The filing reports no equity transactions and does not list any specific holdings or derivative positions for him as of the reporting date.
PURE CYCLE CORP (PCYO) director Kelly J Haecker reported a compensation-related acquisition of 1,123 shares of Common Stock on September 16, 2026. The shares were recorded at $0.00 per share, indicating a grant or award, and Haecker now holds 1,123 shares of Pure Cycle common stock directly. No Rule 10b5-1 trading plan is reported for this transaction.
PURE CYCLE CORP (PCYO) reported that Chief Financial Officer Marc Stephen Spezialy received a grant of stock options on September 16, 2026. The award covers 30,000 options to buy common shares at an exercise price of $11.13 per share, expiring September 16, 2036. The options vest in three equal installments of 10,000 on September 16, 2027, 2028, and 2029, and following this grant he holds 60,000 options directly. No Rule 10b5-1 trading plan is reported for this award.
PURE CYCLE CORP (PCYO) filed an initial insider ownership report for Kelly J. Haecker, who is identified as a director of the company. The filing does not list any reportable transactions or holdings of PURE CYCLE CORP securities at this time.
Pure Cycle Corporation (PCYO) reported that on August 24, 2026, Chris Fink and Kelly Haecker were appointed to its Board of Directors, filling two prior vacancies and returning the Board to eight directors, seven of whom are independent under Nasdaq rules. The company states there are no appointment-related arrangements or related-party transactions requiring disclosure, and both new directors will receive the standard non-employee director compensation and indemnification agreement. A press release furnished as Exhibit 99.1 details their backgrounds in municipal finance, public company CFO roles, capital allocation, and strategic transactions, which Pure Cycle notes are relevant to its water, land development, and single-family rental businesses and its public finance structure.
Magnolia Capital Fund, LP, The Magnolia Group, LLC, and Adam K. Peterson report beneficial ownership in Pure Cycle Corporation. Magnolia Capital Fund, LP, The Magnolia Group, LLC, and Peterson collectively report beneficial ownership of 1,795,421 shares of Pure Cycle common stock for the fund, with Peterson also directly owning 6,000 shares, for a total of 1,801,421 shares attributed to him.
Each Reporting Person’s stake represents 7.5% of the outstanding common stock, with sole voting and dispositive power reported over their respective shares and no shared voting or dispositive power. The filing is made jointly under a Joint Filing Agreement dated August 14, 2026.
An amended Schedule 13D reports that investment entities associated with Daniel J. Roller hold stakes in Pure Cycle Corp common stock. Maran Capital Management, LLC beneficially owns 3,549,000 shares, or 14.7% of the class, while Roller reports beneficial ownership of 3,551,653 shares, also 14.7%. Plaisance SPV I, LLC holds 2,600,000 shares, or 10.8%.
On August 4, 2026, these investors and several nominees entered into a group agreement and sent a letter nominating five candidates for election to Pure Cycle’s board at the 2027 annual meeting. The group agreement coordinates joint Schedule 13D filings, proxy solicitation efforts, trading restrictions, and expense sharing, and the nominees grant Roller powers of attorney for related SEC documents. The amendment also notes that Daniel Kozlowski exits the Section 13(d) group.
Pure Cycle Corp investors led by Maran Capital filed Amendment No. 2 to their Schedule 13D on the company’s common stock. Maran Capital Management reports beneficial ownership of 3,549,000 shares, representing 14.7% of the class. On May 21, 2026, Daniel J. Roller resigned from the Board, and on July 7, 2026, Daniel Kozlowski also resigned. Maran Capital Management intends to exercise its replacement rights for both former directors under a Cooperation Agreement with Pure Cycle dated January 14, 2026.