Form 4: Prairie Operating Co. President's Stock Transaction

Prairie Operating Co. President Gary C. Hanna reported a disposition of shares to cover tax obligations related to restricted stock vesting.

Summary

• Gary C. Hanna, President, Director, and 10% Owner of Prairie Operating Co. (PROP), reported a transaction on December 17, 2025.
• The transaction involved the disposition of 14,989 shares of Common Stock at a price of $1.69 per share.
• This disposition was an 'F' transaction code, indicating shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
• Following this transaction, Gary C. Hanna beneficially owns 2,023,217 shares of Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary event related to tax obligations upon restricted stock vesting, indicating a neutral sentiment. It is neither a discretionary sale nor a purchase.

Positives

• The transaction indicates the vesting of restricted stock, which is generally a positive event for the executive as it represents earned compensation.
• The use of a Rule 10b5-1(c) plan demonstrates pre-planned and automated transactions, reducing concerns about opportunistic insider trading.

Negatives

• A reduction in direct beneficial ownership by 14,989 shares, even if for tax purposes.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This is a routine insider transaction filing (Form 4) and does not provide information related to broader industry trends or competitive landscape. It reflects an individual executive's equity compensation management.

Comparison to Industry Standards

• Tax withholding upon restricted stock vesting is a standard practice across industries for executives receiving equity compensation.
• The use of a Rule 10b5-1 plan for such transactions is also a common corporate governance practice to manage insider trading compliance.

Stakeholder Impact

• Shareholders: The transaction is a routine tax-related disposition and is unlikely to have a significant impact on the company's share price or long-term value.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

Prairie Operating Co., PROP, Gary C. Hanna, Insider Transaction, Form 4, Restricted Stock, Tax Withholding, Equity Compensation, Director, President, 10b5-1 Plan