Form 4: Pure Cycle Corp CEO Transfers Shares to Family Trust
SEC Form 4 Filing
Pure Cycle Corporation's CEO, Mark W. Harding, gifted 390,000 shares of common stock to an irrevocable family trust, while retaining 130,089 shares directly.
Summary
- Mark W. Harding, CEO of Pure Cycle Corporation, transferred 390,000 shares of common stock to an irrevocable family trust on November 20, 2024.
- The transfer was a gift, with no monetary value exchanged.
- Following the transaction, Mr. Harding directly owns 130,089 shares of Pure Cycle Corporation.
- The family trust now holds 390,000 shares of Pure Cycle Corporation.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transfer, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine filing related to insider transactions and is not indicative of any broader industry trends.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a transfer of shares to a family trust and does not change the total number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 11/20/2024 | Date of the stock transfer to the family trust. |
| 11/22/2024 | Date of signature on the SEC Form 4 filing. |
Keywords
Pure Cycle Corp, PCYO, Mark W. Harding, stock transfer, family trust, insider transaction, beneficial ownership
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