Form 4: Prairie Operating Co. Director Abbas Gizman I Sells Shares in Multiple Transactions

Director Abbas Gizman I of Prairie Operating Co. reports selling shares of common stock in a series of transactions between June 17 and June 20, 2024.

Summary

• Abbas Gizman I, a director of Prairie Operating Co., sold shares of common stock between June 17 and June 20, 2024.
• On June 17, 2024, 750 shares were sold at a weighted average price of $11.1, with individual prices ranging from $11.00 to $11.21.
• On June 18, 2024, 88 shares were sold at a weighted average price of $11.11, with individual prices ranging from $11.10 to $11.25.
• On June 20, 2024, 709 shares were sold at a weighted average price of $10.62, with individual prices ranging from $10.20 to $10.87.
• Following these transactions, Abbas Gizman I directly owns 4,711 shares of Prairie Operating Co. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, as it might signal a lack of confidence in the company's future prospects, although it could also be for personal financial reasons.

Key Dates