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Prairie Operating Co.·4

Mar 30, 9:28 PM ET

ABBAS GIZMAN I 4

Research Summary

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Prairie Operating (PROP) Director Abbas Gizman Withholds 8,333 Shares

What Happened
Abbas Gizman I, a director of Prairie Operating Co. (PROP), had 8,333 shares withheld on 2026-03-26 to satisfy tax withholding obligations tied to the vesting of restricted stock. The withheld shares were valued at $2.04 each for a total of $16,999. This was not an open‑market sale but a routine tax withholding event (transaction code F).

Key Details

  • Transaction date: 2026-03-26; Filing date (Form 4): 2026-03-30 (timely filed).
  • Price per share: $2.04; Shares withheld/disposed: 8,333; Total value: $16,999.
  • Shares owned after the transaction: not specified in the reported excerpt.
  • Footnote: F1 — shares were withheld upon vesting of restricted stock to satisfy tax withholding obligations.
  • Filing timeliness: reported within the required window (not marked late).

Context
Withholding shares to cover taxes on vested restricted stock is common and is treated as a disposition for reporting purposes (code F). It does not indicate an open‑market sale or a deliberate investment decision by the insider.