Form 4: Prairie Operating Co. CFO Craig Owen Sells Shares in Multiple Transactions
SEC Form 4 Filing
Craig Owen, CFO of Prairie Operating Co., sold a portion of his holdings in common stock over three days in June 2024.
Summary
- Craig Owen, the Chief Financial Officer of Prairie Operating Co. [PROP], sold shares of common stock in a series of transactions.
- On June 21, 2024, he sold 5,719 shares at a weighted average price of $10.76.
- On June 24, 2024, he sold 3,319 shares at a weighted average price of $10.81.
- On June 25, 2024, he sold 3,206 shares at $11.1.
- Following these transactions, Owen directly owns 174,140 shares of Prairie Operating Co. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, potentially leading to speculation about the reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Craig Owen sold 5,719 shares of common stock. |
| 06/24/2024 | Craig Owen sold 3,319 shares of common stock. |
| 06/25/2024 | Craig Owen sold 3,206 shares of common stock and signed the Form 4. |
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