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 Corporation (PCYO) reported that its Chief Financial Officer received a non-statutory stock option grant. On 11/20/2025, the officer was granted options to buy 30,000 shares of Pure Cycle common stock at an exercise price of $10.75 per share. The options expire on 11/20/2035.
The grant vests in three equal annual installments: 10,000 shares on November 20, 2026, 10,000 shares on November 20, 2027, and 10,000 shares on November 20, 2028. After this transaction, the reporting person beneficially owns 30,000 derivative securities directly.
Pure Cycle Corp (PCYO) insider Daniel Kozlowski and related entities reported significant changes in their holdings. On 11/17/2025, an entity associated with Kozlowski sold 68,778 shares of Pure Cycle common stock in open-market transactions at a weighted average price of $11.008 per share. After this sale, 2,600,000 shares previously reported as indirectly owned through Plaisance SPV I, LLC were reclassified so that they are no longer deemed beneficially owned by Plaisance Capital, LLC or Kozlowski, following a change in the managing member of Plaisance SPV.
Kozlowski remains a director and 10% owner of Pure Cycle and now reports 348,557 shares held directly in his personal capacity.
Pure Cycle Corp (PCYO) reported an insider share transaction by a director. On 11/17/2025, the director exercised an option to buy 10,000 shares of common stock at $4.05 per share (transaction code M). After this exercise, the director directly owns 24,605 shares of Pure Cycle common stock. The related stock option for 10,000 shares, which was exercisable since 01/27/2018 and set to expire on 01/27/2026, now shows 0 derivative securities remaining beneficially owned.
Pure Cycle Corporation reported that it has furnished its annual results materials. On November 12, 2025, the company issued a press release announcing financial results for the year ended August 31, 2025, furnished as Exhibit 99.1 under Item 2.02.
On November 13, 2025, Pure Cycle also presented and posted an earnings presentation summarizing operations and financial results, furnished as Exhibit 99.2 under Item 7.01. Both Exhibits 99.1 and 99.2 are designated as “furnished,” not “filed,” under the Exchange Act.
Pure Cycle Corporation (PCYO) filed its 2025 Form 10‑K, detailing three operating segments: water and wastewater services, land development, and single‑family rentals. The company reports 1,169 finished lots delivered at Sky Ranch, with 204 lots under construction for fiscal 2026 and 148 lots planned for fiscal 2027. It has 14 rental homes operating and expects five rental townhomes online by the end of calendar 2025.
Water assets total 30,602 acre‑feet across groundwater, designated groundwater, and surface water, with service through the Rangeview Metropolitan District. As of August 31, 2025, the system served more than 1,600 SFE water and 1,153 SFE wastewater connections. Tap fees are listed at $34,200 per SFE for water and $8,240 for wastewater.
The company advanced the Sky Ranch Community Authority Board $85.6 million for reimbursable public improvements accruing 6% interest. In oil and gas royalties, it received $6.7 million in 2025. A Water Court decision denied a new 1,635 acre‑feet right and certain reservoir changes; existing rights were not affected. Non‑affiliate market value was $200,552,430, with 24,080,605 shares outstanding as of November 10, 2025.
Mark W. Harding, Chief Executive Officer and Director of Pure Cycle Corporation (PCYO), reported acquiring 10,000 shares of the company's common stock on 09/17/2025. After the transaction he beneficially owned 140,089 shares. The Form 4 was signed on 09/19/2025 and shows the transaction code as "A" with a reported price of $0 as presented on the form.