STOCK TITAN

Director adds 75,500 Prairie Operating (PROP) shares at $0.87

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
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 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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Frommer Richard N.

(Last)(First)(Middle)
55 WAUGH DRIVE
SUITE 400

(Street)
HOUSTON TEXAS 77007

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Prairie Operating Co. [ PROP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026P75,500A$0.87(1)205,372D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price listed is a weighted average of purchases made between $0.84 and $0.89. Full details on individual transactions are available upon request.
/s/ Richard N. Frommer05/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Prairie Operating Co. (PROP) shares did the director buy and at what price?

Director Richard N. Frommer bought 75,500 shares of Common Stock at a weighted average price of $0.87 per share. The filing states the individual purchase prices ranged between $0.84 and $0.89 during the trading session.

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.

Does the Prairie Operating Co. (PROP) Form 4 mention a price range for the insider’s share purchases?

Yes. A footnote explains that the $0.87 figure is a weighted average of purchases made between $0.84 and $0.89 per share. The company notes that full details of each individual trade are available upon request.