Daniel J. Roller - 14 Jan 2026 Form 4 Insider Report for PURE CYCLE CORP (PCYO)

Signature
/s/ Daniel J. Roller
Issuer symbol
PCYO
Transactions as of
14 Jan 2026
Net transactions value
$0
Form type
4
Filing time
15 Jan 2026, 16:57:43 UTC
Previous filing
15 May 2023

Reporting Owners (7)

Name Relationship Address Signature Signature date CIK
Roller Daniel J Director, 10%+ Owner C/O MARAN CAPITAL MANAGEMENT, LLC, 250 FILLMORE ST, UNIT 150, DENVER /s/ Daniel J. Roller 15 Jan 2026 0001829268
Maran SPV GP, LLC 10%+ Owner C/O MARAN CAPITAL MANAGEMENT, LLC, 250 FILLMORE ST, UNIT 150, DENVER Maran Capital Management, LLC, By: /s/ Daniel J. Roller, Managing Member 15 Jan 2026 0001829571
Maran Capital Management, LLC 10%+ Owner C/O MARAN CAPITAL MANAGEMENT, LLC, 250 FILLMORE ST, UNIT 150, DENVER Maran SPV GP, LLC, By: /s/ Daniel J. Roller, Managing Member 15 Jan 2026 0001829240
Maran Partners Fund, LP 10%+ Owner C/O MARAN CAPITAL MANAGEMENT, LLC, 250 FILLMORE ST, UNIT 150, DENVER Maran SPV1 LP, By: Maran SPV GP, LLC, By: /s/ Daniel J. Roller, Managing Member 15 Jan 2026 0001655289
Maran SPV1 LP 10%+ Owner C/O MARAN CAPITAL MANAGEMENT, LLC, 250 FILLMORE ST, UNIT 150, DENVER Maran Partners GP, LLC, By: /s/ Daniel J. Roller, Managing Member 15 Jan 2026 0002089566
Maran Partners GP, LLC 10%+ Owner C/O MARAN CAPITAL MANAGEMENT, LLC, 250 FILLMORE ST, UNIT 150, DENVER Maran Partners Fund, LP, By: Maran Partners GP, LLC, By: /s/ Daniel J. Roller, Managing Member 15 Jan 2026 0001829261
Plaisance SPV I, LLC 10%+ Owner C/O MARAN CAPITAL MANAGEMENT, LLC, 250 FILLMORE ST, UNIT 150, DENVER Plaisance SPV I, LLC, By: /s/ Daniel J. Roller, Managing Member 15 Jan 2026 0001791049

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCYO Common Stock, par value 1/3 of $0.01 per share Award $0 +2,653 $0.000000 2,653 14 Jan 2026 Direct F1
holding PCYO Common Stock, par value 1/3 of $0.01 per share 469,000 14 Jan 2026 By Maran Partners Fund, LP F1, F2
holding PCYO Common Stock, par value 1/3 of $0.01 per share 480,000 14 Jan 2026 By Maran SPV1 LP F1, F3
holding PCYO Common Stock, par value 1/3 of $0.01 per share 2,600,000 14 Jan 2026 By Plaisance SPV I, LLC F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by Maran Partners Fund, LP ("MPF"), a Delaware limited partnership, Maran Partners GP, LLC ("MPGP"), a Delaware limited liability company, Maran SPV1 LP ("MSPV1"), a Delaware limited partnership, Maran SPV GP, LLC ("MSPVGP"), a Colorado limited liability company, Plaisance SPV I, LLC ("PSPVI"), a Delaware limited liability company, Maran Capital Management, LLC ("MCM"), a Delaware limited liability company, and Daniel J. Roller (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock, par value 1/3 of $0.01 per share.
F2 Securities owned directly by MPF. The reported securities may be deemed to be indirectly beneficially owned by MPGP, as the general partner of MPF. The reported securities may also be deemed to be indirectly beneficially owned by MCM, as the investment manager of MPF. The reported securities may also be deemed to be indirectly beneficially owned by Daniel J. Roller, as the sole managing member of MPGP and MCM. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F3 Securities owned directly by MSPV1. The reported securities may be deemed to be indirectly beneficially owned by MSPVGP, as the general partner of the MSPV1. The reported securities may also be deemed to be indirectly beneficially owned by MCM, as the investment manager of MSPV1. The reported securities may also be deemed to be indirectly beneficially owned by Daniel J. Roller, as the sole managing member of MSPVGP and MCM. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
F4 Securities owned directly by PSPVI. The reported securities may be deemed to be indirectly beneficially owned by MCM, as the investment manager of PSPVI. The reported securities may also be deemed to be indirectly beneficially owned by Daniel J. Roller, as the sole managing member of MCM. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.