SEC Form 4 · accession 0000940763-26-000004
PURE CYCLE CORP · PCYO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark W Harding
Officer — CHIEF EXECUTIVE OFFICER · Director
Period of report
Sep 22, 2026
Accepted (ET)
Sep 23, 2026 · 4:15 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000276720
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 22, 2026 | M | 50,000 | $5.61 | A | 190,089 | D | |
| Common Stock | Sep 22, 2026 | F | 25,271 | $11.10 | D | 164,818 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy) | $5.61 | Sep 22, 2026 | M | 50,000 | D | Oct 12, 2016 | Oct 12, 2026 | Common Stock | 50,000 | 255,000 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. These shares were withheld by Pure Cycle Corporation for payment of the exercise price, based on the market price of Pure Cycle Corporation's common stock at the time of the option exercise on September 22, 2026.