Prairie Operating Co.·4

Mar 30, 9:31 PM ET

Patton Gregory Scott 4

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Prairie Operating (PROP) EVP & CFO Patton Gregory Scott Withholds 96,979 Shares

What happened

  • Patton Gregory Scott, EVP and Chief Financial Officer of Prairie Operating Co. (PROP), had 96,979 shares withheld on 2026-03-26 to cover tax withholding obligations related to the vesting of restricted stock. The shares were valued at $2.04 each, for a total of $197,837. This was a tax-withholding disposition (routine) rather than an open-market sale.

Key details

  • Transaction date and price: 2026-03-26 at $2.04 per share.
  • Shares withheld/disposed: 96,979 shares; total value reported: $197,837.
  • Transaction code: F — shares withheld to satisfy tax withholding on vesting (see footnote F1).
  • Footnote: F1 — Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.
  • Filing timeliness: Report filed 2026-03-30 (timely based on the Form 4 filing window). Shares owned after the transaction were not specified in the provided summary.

Context

  • This was a tax-withholding action (often called a "cashless" or "net share settlement" of RSUs), not an open-market sale that would signal active divestment. Such withholdings are routine when restricted stock or RSUs vest and do not, by themselves, indicate the insider's view on the company's prospects.