SCHEDULE 13D

Pure Cycle Corp

Common Stock 1/3 of $.01 par value · CUSIP: 746228303

Event date: 2025-11-17

Reporting persons may disclose overlapping interests. Their amounts are shown individually and are not added into a filing total.

Filing-level shares

Unavailable

Percent of class

Unavailable

• Maran Capital Management, LLCReported CIK 0001829240

  Shares: 3,549,000.00 · Class: 14.7%

• Maran Partners Fund, LPReported CIK 0001655289

  Shares: 469,000.00 · Class: 1.9%

• Maran Partners GP, LLCReported CIK 0001829261

  Shares: 469,000.00 · Class: 1.9%

• Maran SPV1 LPReported CIK 0002089566

  Shares: 480,000.00 · Class: 2.0%

• Maran SPV GP, LLCReported CIK 0001829571

  Shares: 480,000.00 · Class: 2.0%

• Plaisance SPV I, LLCReported CIK 0001791049

  Shares: 2,600,000.00 · Class: 10.8%

• Daniel J. RollerReported CIK 0001829268

  Shares: 3,549,000.00 · Class: 14.7%

• Daniel KozlowskiReported CIK 0001791057

  Shares: 348,557.00 · Class: 1.4%

• Plaisance Capital, LLCReported CIK 0001761269

  Shares: 0.00 · Class: 0.0%

Amounts are as disclosed in this filing. Schedule type alone does not establish investment intent.