Prairie Operating director awarded 100,000 RSUs
Gray Jonathan H. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gray Jonathan H. reported acquisition or exercise transactions in this Form 4 filing.
Prairie Operating Co. director Jonathan H. Gray reported an award of 100,000 restricted stock units (RSUs) under the 2024 Amended & Restated Long-Term Incentive Plan. Each RSU represents a contingent right to one share of common stock and will vest in full on June 3, 2027. Following this grant, Gray has 760,273 common shares or RSUs reported as directly held, plus indirect holdings reported as 627,060 common shares held by First Idea Ventures LLC and 300,496 common shares held by First Idea International Ltd.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 100,000 shares
Grant/Award
3 txns
Insider
Gray Jonathan H.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 100,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 760,273 shares (Direct);
Common Stock — 627,060 shares (Indirect, Held by First Idea Ventures LLC);
Common Stock — 300,496 shares (Indirect, Held by First Idea International Ltd.)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan (as amended, the "LTIP"). Each RSU represents a contingent right to receive, upon vesting, one share of common stock, par value $0.01 per share, of Prairie Operating Co. ("Common Stock"). The 100,000 RSUs reported on this Form 4 will vest in full on June 3, 2027.
Key Figures
RSUs granted: 100000 RSUs
Vesting date: June 3, 2027
Direct holdings after grant: 760273 shares/RSUs
+3 more
6 metrics
RSUs granted
100000 RSUs
Restricted stock units granted to Jonathan H. Gray on 2026-07-21
Vesting date
June 3, 2027
Date on which the 100,000 RSUs vest in full
Direct holdings after grant
760273 shares/RSUs
Total Prairie common stock or RSUs reported as directly held after the transaction
Indirect holdings via First Idea Ventures LLC
627060 shares
Common shares reported as indirectly held through First Idea Ventures LLC
Indirect holdings via First Idea International Ltd.
300496 shares
Common shares reported as indirectly held through First Idea International Ltd.
Award price per RSU
$0.0000 per unit
Per-unit transaction price for the 100,000 RSU grant
Key Terms
restricted stock units ("RSUs"), Long-Term Incentive Plan, indirect ownership, contingent right
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted under the 2024 Amended"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Long-Term Incentive Plan financial
"granted under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
indirect ownership financial
"Indirect ownership entries include shares held by First Idea Ventures LLC"
contingent right financial
"Each RSU represents a contingent right to receive, upon vesting, one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Prairie Operating Co. (PROP) disclose about Jonathan H. Gray’s new equity award?
Prairie Operating Co. reported that director Jonathan H. Gray received 100,000 restricted stock units (RSUs). The RSUs were granted under the 2024 Amended & Restated Long-Term Incentive Plan and each represents a contingent right to receive one share of Prairie common stock upon vesting.
When do Jonathan H. Gray’s 100,000 RSUs at Prairie Operating Co. (PROP) vest?
Jonathan H. Gray’s 100,000 RSUs are scheduled to vest in full on June 3, 2027. Upon vesting, each RSU converts into one share of Prairie Operating Co. common stock, subject to the plan’s terms and any applicable conditions.
What indirect Prairie Operating Co. (PROP) holdings are associated with Jonathan H. Gray?
The filing lists indirect holdings of 627,060 Prairie common shares held by First Idea Ventures LLC and 300,496 shares held by First Idea International Ltd.. These positions are reported as indirect ownership entries associated with Gray.
Was Jonathan H. Gray’s RSU grant at Prairie Operating Co. (PROP) a market purchase?
No. The 100,000 RSUs reported for Jonathan H. Gray are described as a grant or award acquisition with a per-unit price of $0.0000, indicating an equity award under the company’s long-term incentive plan rather than an open-market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
