Prairie Operating Co. (PROP) CFO submits initial Form 3 ownership report
Rhea-AI Filing Summary
Prairie Operating Co. had Executive Vice President & CFO Shelly Michael James submit a Form 3 initial statement of beneficial ownership. The report lists no equity transactions or holdings and notes an attached Exhibit 24 Power of Attorney authorizing ownership reports to be filed on the insider’s behalf.
Positive
- None.
Negative
- None.
Key Figures
Buy transactions reported: 0
Sell transactions reported: 0
Holding entries reported: 0
3 metrics
Buy transactions reported
0
BuyCount in Form 3 transaction summary
Sell transactions reported
0
SellCount in Form 3 transaction summary
Holding entries reported
0
HoldingEntries in Form 3 transaction summary
Key Terms
Form 3, Power of Attorney, Executive Vice President & CFO
3 terms
Form 3 regulatory
"Initial ownership is reported on SEC Form 3 for insiders"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Power of Attorney regulatory
"Exhibit 24 - Power of Attorney authorizes SEC ownership filings"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
Executive Vice President & CFO financial
"Reporting person serves as Executive Vice President & CFO"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Prairie Operating Co. (PROP) Form 3 report for Shelly Michael James?
The Form 3 for Prairie Operating Co. (PROP) identifies Shelly Michael James as Executive Vice President & CFO and provides an initial statement of beneficial ownership. It reports no equity transactions or holdings and references an Exhibit 24 Power of Attorney for SEC reporting purposes.
Does the PROP Form 3 show any stock transactions for Shelly Michael James?
No. The Form 3 transaction summary for PROP shows zero buy and zero sell transactions, indicating that no acquisitions, dispositions, or derivative exercises are reported for Shelly Michael James in this initial beneficial ownership filing.
What role does Shelly Michael James hold at Prairie Operating Co. (PROP)?
Shelly Michael James serves as Executive Vice President & Chief Financial Officer of Prairie Operating Co. (PROP). This officer status is disclosed in the Form 3 and explains why an initial statement of beneficial ownership is required for this reporting person.
What is the Exhibit 24 Power of Attorney mentioned in the PROP Form 3?
The remarks section references Exhibit 24 - Power of Attorney, indicating that a Power of Attorney is on file. This authorizes designated individuals to sign and submit SEC ownership reports on behalf of Shelly Michael James for Prairie Operating Co. (PROP).