Welcome to our dedicated page for PURE CYCLE SEC filings (Ticker: PCYO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 insider group reported acquiring additional common stock. On January 14, 2026, entities associated with Daniel J. Roller reported the acquisition of 2,653 shares of Pure Cycle common stock at a stated price of $0.00 per share, resulting in 2,653 shares held directly.
The filing also lists indirect holdings of 469,000 shares held by Maran Partners Fund, LP, 480,000 shares held by Maran SPV1 LP, and 2,600,000 shares held by Plaisance SPV I, LLC. The reporting persons state they are part of a Section 13(d) group that collectively owns more than 10% of Pure Cycle’s outstanding common stock and disclaim beneficial ownership except to the extent of their pecuniary interest.
Pure Cycle Corp director Susan Diane Heitmann reported a stock award of company shares. On 01/14/2026, she acquired 2,653 shares of Common Stock in a transaction coded "A," which typically denotes an award or grant. The shares were recorded at a price of $0 per share, indicating they were granted rather than purchased on the open market.
Following this transaction, Heitmann directly beneficially owns 6,827 shares of Pure Cycle Corp common stock. The filing is made as a Form 4 by a single reporting person in her capacity as a director of the company.
Pure Cycle Corp director Patrick Beirne reported a stock award of common shares. On 01/14/2026, he acquired 2,653 shares of Pure Cycle common stock in a transaction coded "A," which typically indicates an award or grant, at a reported price of $0 per share.
Following this grant, Beirne beneficially owned 27,258 shares of Pure Cycle common stock, held in direct ownership. This filing reflects an increase in his equity stake as a board member rather than an open-market purchase or sale.
Pure Cycle Corp director Jeffrey G. Sheets reported a stock award of 2,653 common shares on January 14, 2026. The shares were acquired at a reported price of $0.00 per share, indicating they were granted rather than purchased for cash. After this award, Sheets beneficially owns 17,258 shares of Pure Cycle Corp common stock in direct ownership. This filing is a routine disclosure of an equity grant to a board member.
Pure Cycle Corp director reports stock acquisition. Director Frederick A. Fendel III acquired 2,653 shares of Pure Cycle common stock on January 14, 2026 in a transaction coded "A," indicating an acquisition. The shares were reported at a price of $0.00 per share, which typically reflects a grant or award rather than a market purchase. Following this transaction, he beneficially owns 15,258 shares of Pure Cycle common stock held directly.
Pure Cycle Corp’s chief executive officer and director, Mark W. Harding, reported changes in how his holdings are treated for ownership reporting. On 01/12/2026, 210,000 shares of common stock recorded under SMA Investments, LLLP were shown as a disposition at a price of $0, reflecting that he no longer has investment or voting control over SMA and therefore no longer beneficially owns those shares indirectly.
The filing explains that control of SMA had been gifted to the Mark W. Harding Irrevocable Trust, and that Harding has no control over the Trust’s assets. After this correction and the transfer of SMA’s control, Harding is shown as directly holding 140,089 shares of Pure Cycle common stock.
Pure Cycle Corporation filed a current report to share that it has released financial results for the three months ended November 30, 2025. The company issued a press release on January 7, 2026, describing these quarterly results, which is included as Exhibit 99.1.
On January 8, 2026, Pure Cycle also presented and posted an earnings presentation summarizing its operations and financial results for the same period, furnished as Exhibit 99.2 and made available on its investor relations website. Both the press release and the presentation are being furnished rather than filed, limiting their use for certain securities law liability and incorporation-by-reference purposes.
Pure Cycle Corporation reported strong quarterly growth driven by land development at its Sky Ranch community. For the three months ended November 30, 2025, total revenues rose to $9.1M from $5.8M, mainly as lot sales revenue increased to $6.0M from $2.3M. Water and wastewater revenue was $2.5M, modestly below the prior year, as higher tap fees offset lower metered usage.
Net income increased to $4.6M from $3.9M, and diluted earnings per share improved to $0.19 from $0.16, reflecting higher gross profit from land development. Operating income rose to $4.4M from $1.7M despite lower oil and gas royalty income, which declined to $0.7M from $2.8M.
Cash, cash equivalents and restricted cash totaled $23.9M versus $24.4M a year earlier, as the company invested in Sky Ranch infrastructure, water systems and single-family rentals. Related party notes receivable from the Sky Ranch Community Authority Board and Rangeview District increased to $51.8M, and total assets reached $168.1M. A Water Court settlement granted new Box Elder Creek water rights, with a planned $0.9M payment to be capitalized as a new water asset in fiscal 2026.
PURE CYCLE CORP (PCYO) insiders filed a joint ownership report for an event dated 11/17/2025. The filing shows indirect beneficial ownership of 469,000 shares of common stock through Maran Partners Fund, LP, 480,000 shares through Maran SPV1 LP, and 2,600,000 shares through Plaisance SPV I, LLC. The reporting entities, together with Daniel J. Roller, state that they are part of a Section 13(d) group that collectively owns more than 10% of Pure Cycle’s outstanding common shares, while each party disclaims beneficial ownership beyond its economic interest.