Form 4: Prairie Operating Co. Director Stephen Lee Sells Shares in Multiple Transactions

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

Summary

• Stephen Lee, 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, Stephen Lee directly owns 4,711 shares of Prairie Operating Co. common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company directors. It's common for directors to periodically buy or sell shares for various personal financial reasons.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily reflect a negative outlook on the company.

Key Dates