PSM Holdings reports 8.6% stake in Prairie Operating
PSM Holdings LLC, a Delaware limited liability company, reports beneficial ownership of 8,392,740 shares of Prairie Operating Co. common stock, par value $0.01 per share.
PSM Holdings LLC, a Delaware limited liability company, reports beneficial ownership of 8,392,740 shares of Prairie Operating Co. common stock, par value $0.01 per share. This represents 8.6% of the class, based on 97,732,173 shares outstanding as of May 12, 2026.
PSM Holdings has sole voting power and sole dispositive power over all 8,392,740 shares, with no shared voting or dispositive power. The right to receive dividends and sale proceeds from these shares is deemed to be beneficially owned by Mr. Edgar Anthony Martinez, Managing Director and ultimate beneficial owner of PSM Holdings.
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Key Figures
Shares beneficially owned:8,392,740 sharesOwnership percentage:8.6%Shares outstanding baseline:97,732,173 shares+3 more
6 metrics
Shares beneficially owned8,392,740 sharesCommon stock of Prairie Operating Co. beneficially owned by PSM Holdings LLC
Ownership percentage8.6%Percent of Prairie Operating Co. common stock class held by PSM Holdings LLC
Shares outstanding baseline97,732,173 sharesPrairie Operating Co. common stock outstanding as of May 12, 2026
Sole voting power8,392,740 sharesShares over which PSM Holdings LLC has sole power to vote
Sole dispositive power8,392,740 sharesShares over which PSM Holdings LLC has sole power to dispose
Signature date08/04/2026Date of signature by Edgar A. Martinez as Managing Director
Key Terms
beneficially owned, sole voting power, sole dispositive power, percent of class, +2 more
6 terms
beneficially ownedfinancial
"Amount beneficially owned: 8,392,740"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powerfinancial
"Sole power to vote or to direct the vote: 8,392,740"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerfinancial
"Sole power to dispose or to direct the disposition of: 8,392,740"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
percent of classfinancial
"Percent of class: 8.6%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
ultimate beneficial ownerfinancial
"ultimate beneficial owner of the Reporting Person"
The ultimate beneficial owner is the real person who ultimately owns or controls a company or asset, even if ownership is hidden behind layers of other companies, trusts, or nominees. Investors care because knowing who truly pulls the strings reveals who makes decisions and assumes risk, helps spot conflicts of interest or legal exposure, and improves trust and compliance — think of it as finding the owner behind a curtain rather than the front-facing spokesperson.
Schedule 13Gregulatory
"Ownership of more than 5 Percent on Behalf of Another Person"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Prairie Operating Co. (PROP) shares does PSM Holdings LLC own?
PSM Holdings LLC beneficially owns 8,392,740 shares of Prairie Operating Co. common stock. This stake is reported with sole voting and dispositive power over all of these shares.
What percentage of Prairie Operating Co. (PROP) is held by PSM Holdings LLC?
PSM Holdings LLC reports owning 8.6% of the common stock of Prairie Operating Co. The percentage is based on 97,732,173 shares outstanding as of May 12, 2026.
Who is the ultimate beneficial owner behind PSM Holdings LLC’s PROP stake?
The right to receive dividends and sale proceeds from the reported Prairie Operating Co. shares is deemed beneficially owned by Mr. Edgar Anthony Martinez, the Managing Director and ultimate beneficial owner of PSM Holdings LLC.
Does PSM Holdings LLC share voting power over its Prairie Operating Co. (PROP) shares?
No. PSM Holdings LLC reports sole voting power over 8,392,740 shares and shared voting power over 0 shares, indicating exclusive authority to vote the reported stake.
What dispositive power does PSM Holdings LLC have over its PROP shares?
PSM Holdings LLC has sole dispositive power over 8,392,740 shares of Prairie Operating Co. common stock and no shared dispositive power, meaning it alone directs the disposition of these shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Prairie Operating Co.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
739650109
(CUSIP Number)
06/23/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
739650109
1
Names of Reporting Persons
PSM Holdings LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
8,392,740.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
8,392,740.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,392,740.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.6 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: (1) PSM Holdings, LLC, a Delaware limited liability company ("PSM Holdings"), owns 8,392,740 shares of common stock, $0.01 par value per share ("Common Stock"), of Prairie Operating Co. (the "Issuer") at August 3, 2026.
(2) The percentage is the Reporting Person's best calculation using the 97,732,173 shares of Common Stock outstanding as of May 12, 2026 (as reported in the Quarterly Report of the Issuer on Form 10-Q filed with the SEC on May 14, 2026).
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Prairie Operating Co.
(b)
Address of issuer's principal executive offices:
55 WAUGH DRIVE, SUITE 400, HOUSTON, TEXAS, 77007.
Item 2.
(a)
Name of person filing:
PSM Holdings LLC
(b)
Address or principal business office or, if none, residence:
5901 SW 74th Street, Suite 400 Miami, FL 33143
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Common Stock, par value $0.01 per share
(e)
CUSIP Number(s):
739650109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
8,392,740
(b)
Percent of class:
8.6%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
8,392,740
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
8,392,740
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The right to receive dividends from, or the proceeds from the sale of, all shares of Common Stock reported in this statement is being deemed to be beneficially owned by Mr. Edgar Anthony Martinez, the Managing Director and ultimate beneficial owner of the Reporting Person.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.