Prairie Operating director covers taxes with shares
Prairie Operating Co. director Stephen Lee reported a routine tax-related share disposition.
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Form Type
4
Rhea-AI Filing Summary
Prairie Operating Co. director Stephen Lee reported a routine tax-related share disposition. On the vesting of restricted stock, 15,544 shares of Common Stock were withheld on June 4, 2026 to satisfy tax withholding obligations at $0.87 per share. After this withholding, Lee directly holds 94,671 Common Stock shares. This was not an open-market purchase or sale but an automatic share withholding tied to equity compensation.
Insider Trade Summary
Exercise Price or Tax Liability: 15,544 shares
Exercise Price or Tax Liability
1 txn
Insider
Lee Stephen
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 15,544 | $0.87 | $14K |
Holdings After Transaction:
Common Stock — 94,671 shares (Direct)
Footnotes (1)
- F1. Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations
Key Figures
Shares withheld for taxes: 15,544 shares
Withholding share price: $0.87 per share
Shares held after transaction: 94,671 shares
+1 more
4 metrics
Shares withheld for taxes
15,544 shares
Withheld on restricted stock vesting to satisfy tax obligations
Withholding share price
$0.87 per share
Value used for tax-withholding disposition on June 4, 2026
Shares held after transaction
94,671 shares
Common Stock directly owned by Stephen Lee after withholding
Transaction date
June 4, 2026
Date of tax-withholding disposition on restricted stock vesting
Key Terms
tax withholding, restricted stock, Form 4, Common Stock
4 terms
tax withholding financial
"were withheld upon vesting of restricted stock to satisfy tax withholding obligations"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
restricted stock financial
"Represents shares that were withheld upon vesting of restricted stock to satisfy tax"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Prairie Operating (PROP) disclose for Stephen Lee?
Prairie Operating director Stephen Lee reported a tax-related share disposition. On June 4, 2026, 15,544 Common Stock shares were withheld upon restricted stock vesting to cover tax obligations, leaving him with 94,671 directly held shares after the transaction.
Was the Prairie Operating (PROP) Form 4 transaction an open-market sale?
The Form 4 transaction was not an open-market sale. 15,544 Common Stock shares were automatically withheld upon restricted stock vesting to satisfy tax withholding obligations, a standard equity compensation mechanism rather than a discretionary sale in the market.
What does the F code mean in the Prairie Operating (PROP) Form 4 filing?
The F transaction code indicates a tax-withholding disposition. In this case, 15,544 Prairie Operating Common Stock shares were withheld upon restricted stock vesting to pay Stephen Lee’s tax liability, rather than representing a voluntary sale in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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