Prairie EVP has shares withheld for taxes
Prairie Operating Co. executive Daniel T. Sweeney, EVP, General Counsel and Corporate Secretary, reported a tax-related share disposition.
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Rhea-AI Filing Summary
Prairie Operating Co. executive Daniel T. Sweeney, EVP, General Counsel and Corporate Secretary, reported a tax-related share disposition. On the vesting of restricted stock, 81,666 shares of common stock were withheld at $2.04 per share to satisfy tax withholding obligations. This was an automatic withholding, not an open-market sale. After this transaction, Sweeney directly held 557,900 common shares of Prairie Operating Co.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 81,666 | $2.04 | $167K |
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
tax-withholding disposition financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Prairie Operating Co. (PROP) insider Daniel T. Sweeney report?
Was the Prairie Operating Co. Form 4 transaction an open-market sale?
What does transaction code F mean in the Prairie Operating Co. Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.