Director Daniel Roller resigns from Pure Cycle (NASDAQ: PCYO) board
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Pure Cycle Corporation reported that director Daniel J. Roller resigned from its Board of Directors on May 21, 2026, effective immediately. The company states that his resignation did not result from any disagreement regarding its operations, policies, or practices.
The Form 8-K was signed on behalf of Pure Cycle by Vice President and Chief Financial Officer Marc Spezialy.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Resignation effective date: May 21, 2026
Signature date: May 26, 2026
2 metrics
Resignation effective date
May 21, 2026
Date Daniel J. Roller resigned from the Board of Directors
Signature date
May 26, 2026
Date the Form 8-K was signed by the Vice President and CFO
Key Terms
Form 8-K, Item 5.02, Board of Directors, Emerging growth company, +1 more
5 terms
Form 8-K regulatory
"FORM 8-K Pursuant to Section 13 or 15(d) of the Securities Exchange Act"
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"
Board of Directors financial
"notified the Board of Directors (the “Board”) of the Registrant of his resignation"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Emerging growth company regulatory
"Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Securities Exchange Act of 1934 regulatory
"Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934"
FAQ
What did Pure Cycle Corporation (PCYO) disclose in this Form 8-K?
Pure Cycle Corporation disclosed that director Daniel J. Roller resigned from its Board of Directors, effective May 21, 2026. The company noted that his resignation was not due to any disagreement over operations, policies, or practices.
When did Daniel J. Roller resign from Pure Cycle Corporation (PCYO)’s board?
Daniel J. Roller resigned from Pure Cycle Corporation’s Board of Directors effective May 21, 2026. This date reflects when he notified the Board and his resignation took effect immediately according to the company’s Form 8-K disclosure.
Did Daniel J. Roller’s resignation from PCYO involve any disagreement with the company?
The company states that Daniel J. Roller’s resignation did not result from any disagreement with Pure Cycle on its operations, policies, or practices. This language indicates a voluntary departure without reported conflicts over corporate matters.
Who signed the Pure Cycle Corporation (PCYO) Form 8-K reporting the resignation?
The Form 8-K was signed on behalf of Pure Cycle Corporation by Marc Spezialy, the company’s Vice President and Chief Financial Officer. His signature indicates he was the authorized officer submitting the report under the Securities Exchange Act of 1934.
What SEC item does Pure Cycle Corporation (PCYO) reference for this board resignation?
The disclosure is made under Item 5.02 of Form 8-K, which covers departures and appointments of directors or certain officers. Pure Cycle Corporation used this item to report director Daniel J. Roller’s resignation from its Board of Directors.