Prairie Operating (PROP) CFO reports 733-share tax withholding, holds 788,203 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prairie Operating Co. EVP and CFO Gregory Scott Patton reported a small share disposition related to tax withholding. On the vesting of restricted stock, 733 shares of common stock were withheld at $1.60 per share to satisfy tax obligations, rather than sold in the open market. After this tax-withholding disposition, he directly holds 788,203 shares of Prairie Operating Co. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patton Gregory Scott
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 733 | $1.60 | $1K |
Holdings After Transaction:
Common Stock — 788,203 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Prairie Operating Co. (PROP) report for Gregory Scott Patton?
Prairie Operating Co. reported that EVP and CFO Gregory Scott Patton had 733 common shares withheld to cover taxes upon vesting of restricted stock. This tax-withholding disposition was not an open-market sale and left him with 788,203 directly held shares.
What does transaction code "F" mean in the PROP Form 4 filing?
Transaction code "F" indicates a tax-related disposition of shares. In this case, 733 Prairie Operating Co. shares were withheld upon vesting of restricted stock to satisfy tax withholding obligations, rather than being sold voluntarily in the open market.