Prairie Operating Co. (PROP) SEC Filings

Jonathan H. Gray, a director of Prairie Operating Co. (PROP), purchased 218,917 shares on 08/20/2025 at a weighted average price of $2.09 per share. After the reported purchase, Mr. Gray beneficially owns 466,254 shares directly and indirectly holds 159,999 shares through First Idea International, Ltd. and 230,159 shares through First Idea Ventures, LLC. The filing notes the reported price is a weighted average for multiple purchases priced between $2.05 and $2.16. The Form 4 is signed by the reporting person on 08/21/2025.

Erik Thoresen, a director of Prairie Operating Co. (PROP), reported a purchase of 2,500 shares of common stock on 08/19/2025 at $2.37 per share. After the transaction he directly beneficially owns 120,760 shares.

The Form 4 was signed by Mr. Thoresen on 08/21/2025 and indicates the filing was made by one reporting person.

Prairie Operating Co. (PROP) director Jonathan H. Gray reported awards of restricted stock units (RSUs) on Form 4. On 08/13/2025 Mr. Gray received 38,860 RSUs that vest in full on June 4, 2026 and 62,500 RSUs that vest ratably in three annual installments beginning March 26, 2026. The RSUs represent contingent rights to one share of common stock upon vesting and were reported with $0 cash price. Following the reported grants, the filing shows Mr. Gray beneficially owning 184,837 shares directly after the first grant line and 247,337 shares directly after the second grant line, plus indirect holdings of 159,999 shares held by First Idea International, Ltd. and 230,159 shares held by First Idea Ventures, LLC.

Gregory S. Patton, EVP and CFO of Prairie Operating Co. (PROP), reported equity awards granted on 08/13/2025. The Form 4 shows 665,000 restricted stock units (RSUs) granted under the company’s LTIP that will vest ratably in three annual installments beginning March 26, 2026. The filing also reports 665,000 performance units granted that can convert to one share each at 50%–200% of target based on the company’s relative total shareholder return over the three-year performance period from 01/01/2025 to 12/31/2027. Both awards have a reported acquisition price of $0 and are listed as direct beneficial ownership. Following these transactions, Mr. Patton beneficially owns 795,519 shares of common stock. The form is signed 08/15/2025.

Prairie Operating Co. insider Gary C. Hanna, President and Director, received equity awards on 08/13/2025. The Form 4 reports receipt of 687,980 restricted stock units (RSUs) that vest ratably in three annual installments beginning March 26, 2026, and 1,031,970 performance units that may convert to the same number of common shares depending on relative total shareholder return over a three-year performance period from January 1, 2025 through December 31, 2027. After these grants, Mr. Hanna beneficially owns 2,038,206 shares and holds 1,031,970 performance units; both the RSUs and performance units have a $0 reported acquisition price because they are awards under the company's long-term incentive plan.

PRAIRIE OPERATING CO. director and officer Daniel T. Sweeney received equity awards reported on Form 4. On 08/13/2025 Mr. Sweeney was granted 560,000 restricted stock units (RSUs) under the company Long-Term Incentive Plan; those RSUs will vest ratably in three annual installments beginning March 26, 2026. On the same date he was granted 560,000 performance units that each represent a contingent right to one share of common stock and are eligible to vest at between 50% and 200% of target based on relative total shareholder return over a three-year performance period beginning January 1, 2025 and ending December 31, 2027. Following the reported grants, Mr. Sweeney beneficially owns 640,789 shares and holds 560,000 performance units (reported as derivative securities).

Bryan Freeman, EVP of Operations of Prairie Operating Co. (PROP), reported grants on Form 4. On 08/13/2025 he was granted 585,000 restricted stock units (RSUs) under the company LTIP that vest ratably in three annual installments beginning March 26, 2026, and 585,000 performance units that convert to common stock based on relative total shareholder return over a three-year performance period from 01/01/2025 to 12/31/2027. Following these awards, he beneficially owns 712,861 shares of common stock and 585,000 performance-unit-linked shares, all reported as direct holdings.

Pursuant to a Form 4 filed for Prairie Operating Co. (PROP), director Erik Thoresen reported two grants of restricted stock units (RSUs) on 08/13/2025. The first grant comprises 38,860 RSUs that will vest in full on June 4, 2026. The second grant comprises 62,500 RSUs that will vest ratably in three annual installments beginning on March 26, 2026. Both grants are awarded under the company’s 2024 Amended & Restated Long-Term Incentive Plan. Following these transactions Thoresen beneficially owns 118,260 shares on a direct basis as reported.

Edward Kovalik, Chief Executive Officer and Director of Prairie Operating Co. (PROP), reported equity awards and resulting ownership changes on a Form 4 dated 08/13/2025. He was granted 687,980 restricted stock units (RSUs) and 1,031,970 performance units, each performance unit convertible into one share of common stock based on relative total shareholder return over a three-year performance period (01/01/2025–12/31/2027) with payout between 50% and 200% of target. The RSUs vest ratably in three annual installments beginning March 26, 2026. The reported transactions show a beneficial ownership of 2,027,035 shares of common stock following the grants; the awards were reported with a $0 acquisition price. The Form 4 was signed on 08/15/2025.