SEC Form 4 · accession 0001546628-26-000002
PURE CYCLE CORP · PCYO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Stephen Spezialy
Officer — Chief Financial Officer
Period of report
Sep 16, 2026
Accepted (ET)
Sep 17, 2026 · 1:27 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000276720
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Statutory Stock Option (Right to Buy)F1 | $11.13 | Sep 16, 2026 | A | 30,000 | A | — | Sep 16, 2036 | Common Stock | 30,000 | 60,000 | D |
Explanation of responses
- F1The option vests as follows: 10,000 shares on September 16, 2027, 10,000 shares on September 16, 2028, and 10,000 shares on September 16, 2029.