Director adds 75,500 Prairie Operating (PROP) shares at $0.87
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prairie Operating Co. director Richard N. Frommer reported an open-market purchase of 75,500 shares of Common Stock on May 19, 2026 at a weighted average price of $0.87 per share. After this transaction, he directly owns 205,372 shares. The filing notes the purchase prices ranged between $0.84 and $0.89.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 75,500 shares ($65,685)
Net Buy
1 txn
Insider
Frommer Richard N.
Role
null
Bought
75,500 shs ($66K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 75,500 | $0.87 | $66K |
Holdings After Transaction:
Common Stock — 205,372 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 75,500 shares
Weighted average price: $0.87 per share
Price range: $0.84–$0.89 per share
+2 more
5 metrics
Shares purchased
75,500 shares
Open-market purchase on May 19, 2026
Weighted average price
$0.87 per share
Common Stock purchase
Price range
$0.84–$0.89 per share
Range of individual trade prices
Shares owned after transaction
205,372 shares
Director’s direct holdings post-trade
Net buy shares
75,500 shares
Net change in reported period
Key Terms
open-market purchase, weighted average, Common Stock, Form 4
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average financial
"The price listed is a weighted average of purchases"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Prairie Operating Co. (PROP) report?
Prairie Operating Co. reported that director Richard N. Frommer made an open-market purchase of 75,500 Common Stock shares. The transaction occurred on May 19, 2026, and reflects a direct increase in his personal share ownership in the company.
What are Richard N. Frommer’s holdings in Prairie Operating Co. (PROP) after this trade?
After the reported open-market purchase, Richard N. Frommer directly owns 205,372 shares of Prairie Operating Co. Common Stock. This total includes his new 75,500-share acquisition as disclosed in the Form 4 insider trading report.
Was the Prairie Operating Co. (PROP) insider transaction an open-market purchase or another type?
The filing classifies the transaction as an open-market purchase of Common Stock. It uses transaction code “P,” indicating a purchase in the open market or a private transaction, with the ownership reported as direct for the director.