Prairie Operating EVP shares withheld for taxes
Prairie Operating Co. executive Daniel T. Sweeney, EVP, GC and Corporate Secretary, reported a tax-related share withholding on Common Stock.
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Rhea-AI Filing Summary
Prairie Operating Co. executive Daniel T. Sweeney, EVP, GC and Corporate Secretary, reported a tax-related share withholding on Common Stock. A total of 7,291 shares were withheld at $1.20 per share to cover tax obligations upon vesting of restricted stock, rather than sold in the open market. Following this withholding, Sweeney directly holds 550,609 shares of Prairie Operating Co. common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,291 | $1.20 | $9K |
Footnotes (1)
- F1. Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.
Key Figures
Key Terms
restricted stock financial
tax withholding obligations financial
Common Stock financial
Form 4 regulatory
FAQ
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What did Prairie Operating (PROP) executive Daniel T. Sweeney report on this Form 4?
Was this Prairie Operating (PROP) Form 4 an open-market sale or a tax withholding event?
AI-generated analysis. How Rhea-AI works. Not financial advice.