Patton Gregory Scott 4
4 · Prairie Operating Co. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Prairie Operating (PROP) EVP/CFO Patton Withholds 733 Shares for Taxes
What Happened
Patton Gregory Scott, EVP and CFO of Prairie Operating Co. (PROP), had 733 shares withheld upon vesting of restricted stock to satisfy tax withholding obligations. The withholding was recorded on 2026-03-05 at an effective price of $1.60 per share, for a total value of $1,173. This was a tax-withholding disposition (not an open-market sale or purchase).
Key Details
- Transaction date: 2026-03-05; filing date: 2026-03-09 (Form 4 accession 0001140361-26-008478).
- Transaction code: F (shares withheld to satisfy tax withholding).
- Shares withheld: 733 at $1.60 each; total value $1,173.
- Footnote: F1 — represents shares withheld upon vesting of restricted stock to satisfy tax withholding obligations.
- Shares owned after the transaction: not reported in the provided filing.
- This is a routine tax-withholding event and does not necessarily indicate a change in insider sentiment.
Context
Withholding shares to cover taxes is common when restricted stock units (RSUs) vest; the company retains (or cancels) a portion of the vested shares rather than the insider selling shares on the market. Such transactions are administrative and typically do not carry the same market-signaling weight as open-market purchases or voluntary sales.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-05$1.60/sh−733$1,173→ 788,203 total
Footnotes (1)
- [F1]Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.