Form 4: Prairie Operating Co. Director Boosts Stake

A 10% owner and director of Prairie Operating Co. acquired 3,831 shares of common stock, increasing beneficial ownership to 13,779,867 shares.

Summary

• Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust, a 10% owner and director of Prairie Operating Co. (PROP), acquired 3,831 shares of common stock.
• The transaction occurred on November 24, 2025, at a price of $1.7 per share.
• Following this acquisition, the reporting person's beneficial ownership stands at 13,779,867 shares of Common Stock.
• Gregory K. O'Neill, who is a Director and 10% Owner, is the sole director of Narrogal Nominees Pty Ltd, the trustee of the Family Trust, and a beneficiary of the Family Trust.
• The reporting persons disclaim beneficial ownership except to the extent of their respective pecuniary interest.

Sentiment

Score: 7

Explanation: The acquisition of additional shares by a director and 10% owner is generally viewed as a positive signal, indicating confidence in the company's future prospects. While the transaction value is relatively small, the act of insider buying is often interpreted favorably by the market.

Positives

• A director and significant shareholder (10% owner) increased their stake in the company, signaling confidence in future prospects.
• The acquisition of 3,831 shares at $1.7 per share demonstrates a direct investment by an insider.

Negatives

• No negative information is disclosed in this Form 4 filing.

Risks

• No specific risks are mentioned in this Form 4 filing, which primarily reports a change in beneficial ownership.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• "Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust (the 'Family Trust') is the record holder of all securities reported herein."
• "Gregory K. O'Neill is the sole director of Narrogal Nominees Pty Ltd, the trustee of the Family Trust, and as such has voting or investment control over the shares directly held by the Family Trust."
• "Mr. O'Neill is also a beneficiary of the Family Trust."
• "As a result of these relationships, each of these entities and individuals may be deemed to have or share beneficial ownership of the securities held of record by the Family Trust."
• "Each such entity or person disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein."

Industry Context

This insider transaction reflects a specific ownership change and does not inherently provide broader industry context. However, insider buying can sometimes signal confidence in the company's position within its sector, potentially indicating a belief that the company is undervalued or poised for growth relative to its peers.

Comparison to Industry Standards

• This filing reports an insider stock acquisition and does not provide financial or operational results that can be directly compared to industry standards or global benchmarks. The significance of the transaction is primarily in the context of insider sentiment rather than performance metrics.

Related Party Transactions

• Acquisition of 3,831 shares of Common Stock by Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust, where Gregory K. O'Neill is a director and 10% owner of Prairie Operating Co. and has control over the Family Trust.

Stakeholder Impact

• Shareholders: May view the insider purchase as a positive indicator of management's confidence, potentially influencing investor sentiment.
• Management/Employees: Reinforces alignment of interests between key management and shareholders.

Next Steps

• No specific future actions or milestones are mentioned in this Form 4 filing.

Key Dates

Keywords

Prairie Operating Co., PROP, Insider Trading, Form 4, Stock Acquisition, Beneficial Ownership, Director Purchase, Gregory K O'Neill, Narrogal Nominees