Prairie Operating director granted 100,000 RSUs

Frommer Richard N. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Frommer Richard N. reported acquisition or exercise transactions in this Form 4 filing.

Prairie Operating Co. director Richard N. Frommer received a grant of 100,000 restricted stock units (RSUs) of common stock as a compensation award under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan. Each RSU represents a contingent right to receive one share upon vesting, which occurs in full on June 3, 2027. Following this award, Frommer directly holds 305,372 shares of Prairie Operating common stock, as reported.

Insider Trade Summary

Grant/Award: 100,000 shares

Grant/Award 1 txn

Insider Frommer Richard N.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	100,000	$0.00	$0.00

Holdings After Transaction: Common Stock — 305,372 shares (Direct)

Footnotes (1)

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: 100,000 RSUs Holdings after transaction: 305,372 shares Transaction price per share: $0.0000 per share +1 more

4 metrics

RSUs granted 100,000 RSUs Restricted stock units granted to director Richard N. Frommer

Holdings after transaction 305,372 shares Total direct common stock holdings reported after the RSU award

Transaction price per share $0.0000 per share Reported price for the RSU grant, consistent with a compensation award

Common stock par value $0.01 per share Par value of Prairie Operating Co. common stock underlying the RSUs

Key Terms

restricted stock units, Long-Term Incentive Plan, par value, contingent right to receive

4 terms

restricted stock units financial

"Represents restricted stock units ("RSUs") granted under the 2024 Amended & Restated"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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.

par value financial

"one share of common stock, par value $0.01 per share, of Prairie Operating Co."

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

contingent right to receive financial

"Each RSU represents a contingent right to receive, upon vesting, one share of common"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Prairie Operating (PROP) report for Richard N. Frommer?

Prairie Operating reported that director Richard N. Frommer received a grant of 100,000 restricted stock units (RSUs) of common stock as a compensation award. The RSUs were issued under the company’s 2024 Amended & Restated Long-Term Incentive Plan and were not a market purchase.

How many shares or units does Richard N. Frommer hold after this Form 4 for PROP?

After the reported RSU grant, Richard N. Frommer is shown as directly holding 305,372 shares of Prairie Operating common stock. This total includes the 100,000 RSUs reported, which are treated as share-equivalents for beneficial ownership reporting purposes on this Form 4.

What are the vesting terms of Richard N. Frommer’s 100,000 RSUs at Prairie Operating (PROP)?

The 100,000 RSUs granted to Richard N. Frommer will vest in full on June 3, 2027. Upon vesting, each RSU entitles him to receive one share of Prairie Operating common stock, contingent on the standard conditions of the long-term incentive plan.

Under which plan were Richard N. Frommer’s new RSUs at Prairie Operating (PROP) granted?

The RSUs were granted under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan. This plan is Prairie Operating’s equity-based compensation program, under which directors and other participants can receive stock-based awards such as restricted stock units.

Do Richard N. Frommer’s RSUs at Prairie Operating (PROP) have a cash exercise price?

The filing reports the transaction price per share as $0.0000, consistent with a stock-based compensation award rather than a cash purchase. Each RSU represents a contingent right to receive one share of common stock upon vesting, rather than requiring a future exercise payment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/23/2026 - 06:04 PM Accepted by SEC EDGAR 07/23/2026 - 06:03 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/21/2026		A		100,000(1)	A	$0	305,372	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ Richard N. Frommer	07/23/2026
	** Signature of Reporting Person	Date
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)