Prairie Operating EVP reports tax-withheld PROP shares
Prairie Operating Co. executive Daniel T. Sweeney reported a tax-related share disposition.
Rhea-AI Filing Summary
Prairie Operating Co. executive Daniel T. Sweeney reported a tax-related share disposition. On March 5, 2026, 1,223 shares of common stock were withheld at $1.60 per share to satisfy tax obligations upon vesting of restricted stock, a non-open-market transaction. Sweeney beneficially owned 639,566 common shares directly after this withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,223 shares
Exercise Price or Tax Liability
1 txn
Insider
Sweeney Daniel T.
Role
EVP, GC and Corp. Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,223 | $1.60 | $2K |
Holdings After Transaction:
Common Stock — 639,566 shares (Direct)
Footnotes (1)
- F1. Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.
FAQ
What insider transaction did Prairie Operating Co. (PROP) report for Daniel T. Sweeney?
Prairie Operating Co. reported that executive Daniel T. Sweeney had 1,223 common shares withheld to cover tax obligations upon restricted stock vesting. This is a tax-withholding disposition, not an open-market sale, and is a routine administrative transaction.
Was the Prairie Operating Co. (PROP) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld upon restricted stock vesting to satisfy tax liabilities, which is a common mechanism and does not represent discretionary selling into the market.
What does transaction code F mean in the Prairie Operating Co. (PROP) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering or withholding securities. In this case, shares of Prairie Operating Co. common stock were withheld upon restricted stock vesting to satisfy Sweeney’s tax withholding obligations.
Does the Prairie Operating Co. (PROP) Form 4 suggest a change in insider sentiment?
The Form 4 reflects a tax-withholding disposition tied to restricted stock vesting, which is generally administrative rather than discretionary. Such transactions typically do not signal a change in insider sentiment toward Prairie Operating Co. or its prospects.
AI-generated analysis. How Rhea-AI works. Not financial advice.