Short answer
PURE CYCLE CORP (PCYO) filed an 8-K current report with the SEC on July 9, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure), Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Results cover the three and nine months ended May 31, 2026.
PURE CYCLE CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Results cover the three and nine months ended May 31, 2026
- Investors should review Exhibit 99.1 for revenue, profitability, cash flow, and operating details
- Press release furnished under Regulation FD and generally excluded from Section 18 filing liability
Item 5.02 · Departure/Election of Directors or Officers
- Daniel R. Kozlowski resigned from Pure Cycle’s Board effective July 7, 2026
- Resignation unrelated to disagreements over operations, policies, or practices
- Immediate board departure creates a governance vacancy, with succession details not disclosed
Item 7.01 · Regulation FD Disclosure
- Pure Cycle presented operations and financial results for the three and nine months ended May 31, 2026
- Earnings Presentation furnished as Exhibit 99.2 and posted in the company’s Investor Relations section
- Presentation provides summary information requiring review alongside SEC filings and other public announcements
Item EX-99.1 · Exhibit EX-99.1
- Q3 revenue $8.2M, up 60%; nine-month revenue $22.5M, up 51%, led by water and land development
- Net income $2.9M and $8.6M, up 31% and 23%; diluted EPS $0.12 and $0.36
- Water and wastewater revenue rose 119% in Q3, driven by oil and gas demand; deliveries reached 631 acre-feet
- Phase 2D 84% complete, with $14.8M expected milestone and finished-lot payments over the next 12 months
- Director Daniel R. Kozlowski resigned July 7, 2026; successor search creates a near-term board vacancy персп персп
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