Form 4: Prairie Operating Co. Executive Daniel T. Sweeney Sells Shares
SEC Form 4
Daniel T. Sweeney, General Counsel & Corporate Secretary of Prairie Operating Co., sold a portion of his holdings in a series of transactions.
Summary
- On June 21, 2024, Daniel T. Sweeney, General Counsel & Corporate Secretary of Prairie Operating Co., sold 532 shares of common stock at a weighted average price of $10.76.
- On June 24, 2024, Sweeney sold 309 shares at a weighted average price of $10.81.
- On June 25, 2024, Sweeney sold 299 shares at a price of $11.1.
- Following these transactions, Sweeney directly owns 91,095 shares of Prairie Operating Co. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions. The sentiment is neutral as it simply reports the sale of shares by an executive.
Industry Context
Executive share sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, they don't always indicate a negative outlook.
Stakeholder Impact
- Shareholders may react to the news of an executive selling shares, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Daniel T. Sweeney sold 532 shares of common stock at a weighted average price of $10.76. |
| 06/24/2024 | Daniel T. Sweeney sold 309 shares of common stock at a weighted average price of $10.81. |
| 06/25/2024 | Daniel T. Sweeney sold 299 shares of common stock at a price of $11.1. |
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