Form 4: Prairie Operating CFO Sells Shares for Tax Obligations
Insider Transaction Report
Prairie Operating Co.'s EVP and CFO, Gregory Scott Patton, disposed of 9,583 shares of common stock to cover tax withholding obligations related to restricted stock vesting.
Summary
- Gregory Scott Patton, Executive Vice President and Chief Financial Officer of Prairie Operating Co. (PROP), reported a transaction on November 6, 2025.
- The transaction involved the disposition of 9,583 shares of Common Stock at a price of $1.91 per share.
- This disposition was made to satisfy tax withholding obligations upon the vesting of restricted stock.
- Following this transaction, Gregory Scott Patton beneficially owns 788,936 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary sale for tax purposes upon restricted stock vesting, which is neutral in terms of sentiment regarding the company's performance or management's confidence.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This insider transaction report is a routine disclosure for executive compensation and tax compliance, and it does not provide specific insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the insider's investment thesis or the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 11/04/2025 | Date of earliest transaction |
| 11/06/2025 | Transaction date and signature date for the disposition of common stock |
Recommendation
holdThe reported transaction is a non-discretionary sale of shares to cover tax withholding obligations upon the vesting of restricted stock. This is a routine event for executive compensation and does not reflect a change in management's confidence or the company's fundamentals, thus warranting a 'hold' recommendation based solely on this filing.
Keywords
Prairie Operating Co., PROP, Form 4, insider transaction, stock sale, tax withholding, restricted stock, CFO
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