PROP Director Buys 1,500 Shares at $2.49 — Form 4 Disclosure
Prairie Operating Co. (PROP) director Richard N. Frommer reported an insider purchase of company common stock.
Rhea-AI Filing Summary
Prairie Operating Co. (PROP) director Richard N. Frommer reported an insider purchase of company common stock. On 08/27/2025 he acquired 1,500 shares at $2.49 per share, bringing his total beneficial ownership to 129,872 shares. The Form 4 is signed 08/29/2025 and lists his address in Houston, TX. No derivative transactions or additional explanations were provided.
Positive
- Insider purchase disclosed: Director acquired 1,500 shares at $2.49 each.
- Increased beneficial ownership: Holdings rose to 129,872 shares, as reported on Form 4.
Negative
- None.
Insights
TL;DR: A routine insider buy of 1,500 shares at $2.49, modest in size relative to total holdings.
The purchase increases the reporting person's direct stake to 129,872 shares. This Form 4 discloses a straightforward open-market acquisition with an explicit per-share price and no associated derivative activity. The filing contains no additional commentary on intent or material corporate events.
TL;DR: Director filed a timely Form 4 for a personal common-stock purchase; disclosure appears complete.
Filing identifies the reporting person, relationship (director), transaction date, number of shares, and price. There is a manual signature and no amendment indicated. The record follows Section 16 disclosure conventions and contains no indications of related-party or derivative arrangements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,500 | $2.49 | $4K |
FAQ
What did Prairie Operating Co. (PROP) insider Richard N. Frommer report on Form 4?
When was the Form 4 for PROP signed and filed by the reporting person?
Did the Form 4 for PROP include any derivative transactions or dispositions?
What is the reported relationship of the reporting person to PROP?
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