HARDING MARK W (President and CFO) exercised options at PURE CYCLE CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 9/23/2026ACC: 0000940763-26-000004
DirectorOfficer· President and CFO
Since Sep 2018
-25.27K
Net shares
Net seller
$280.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
50K acquired · 75.27K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+50K
Price / share
$5.61
Trade value
$280.50K
% of position
35.7%
9/22/2026
140.09K→190.09K
Common Stock
Direct
Shares
−25.27K
Price / share
$11.10
Trade value
$280.51K
% of position
13.3%
9/22/2026
190.09K→164.82K
Total
Net shares
+24.73K
Net value
-$8.10
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/22/2026 | M · Option Exercise | +50K | $5.61 | $280.50K | 35.7% | 140.09K | 190.09K |
| Common Stock Direct | 9/22/2026 | F · Tax Withholding | −25.27K | $11.10 | $280.51K | 13.3% | 190.09K | 164.82K |
| Total | +24.73K | -$8.10 | ||||||
Derivative Transactions1
Option (Right to Buy)
Direct
Converts to
Common Stock
50K shares
Shares
−50K
Strike price
5.61
Held after
255K
Exercisable
—
9/22/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option (Right to Buy) Direct | Common Stock50K shares | 9/22/2026 | M · Option Exercise | −50K | 5.61 | — | 255K |