Form 4: Prairie Operating Co. Director Boosts Stake

A director and 10% owner of Prairie Operating Co. increased their beneficial ownership of common stock through two open market purchases.

Summary

• Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust, a director and 10% owner of Prairie Operating Co. (PROP), reported two purchases of common stock.
• On December 19, 2025, 33,825 shares of common stock were acquired at a price of $1.68 per share.
• On December 24, 2025, an additional 50,000 shares of common stock were acquired at a price of $1.68 per share.
• Following these transactions, the reporting persons beneficially own a total of 15,270,622 shares of Prairie Operating Co. common stock.
• The transactions were made pursuant to a Rule 10b5-1(c) plan, indicating pre-arranged purchases.

Sentiment

Score: 7

Explanation: Insider purchases, especially by a director and significant owner, generally indicate confidence in the company's future prospects and valuation, which is a positive signal for investors.

Positives

• A director and 10% owner increased their stake in Prairie Operating Co., signaling confidence in the company's future prospects.
• The purchases were made at a consistent price of $1.68 per share, totaling 83,825 shares.
• The transactions were executed under a Rule 10b5-1(c) plan, which suggests a systematic and pre-planned investment strategy rather than opportunistic buying.

Future Outlook

NA

Management Comments

• Gregory K. O'Neill, as the sole director of Narrogal Nominees Pty Ltd (the trustee of the Family Trust), has voting or investment control over the shares directly held by the Family Trust.
• Each reporting entity or person disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein.

Industry Context

NA

Related Party Transactions

• The reported purchases of common stock by Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust, a director and 10% owner of Prairie Operating Co., constitute related party transactions.

Stakeholder Impact

• Shareholders may view the insider purchases as a positive signal, potentially increasing investor confidence in the company's prospects and aligning management's interests with those of other shareholders.

Key Dates

Recommendation

The reported insider purchases by a director and 10% owner suggest confidence in Prairie Operating Co.'s valuation and future prospects. While this is a positive signal, a 'hold' recommendation is appropriate as a Form 4 filing primarily reports transactional data and does not provide comprehensive financial or strategic updates to warrant a stronger recommendation without further analysis of the company's fundamentals and broader market conditions.

Keywords

Prairie Operating Co., PROP, SEC Form 4, Insider Trading, Stock Purchase, Beneficial Ownership, Director, 10% Owner, Narrogal Nominees, Gregory K O'Neill, Rule 10b5-1