Sweeney Daniel T. 4
4 · Prairie Operating Co. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Prairie Operating (PROP) EVP Daniel Sweeney Withholds 81,666 Shares
What Happened Daniel T. Sweeney, EVP, General Counsel and Corporate Secretary of Prairie Operating Co. (PROP), had 81,666 shares withheld on March 26, 2026 to satisfy tax-withholding obligations tied to vested restricted stock. The shares are reported at $2.04 each for a notional value of $166,599. This was a tax-withholding disposition (not an open-market sale or purchase).
Key Details
- Transaction date and price: 2026-03-26 at $2.04 per share.
- Shares involved: 81,666 shares withheld; total value reported $166,599.
- Transaction type/code: F — shares withheld to satisfy tax withholding upon vesting (footnote F1).
- Shares owned after transaction: not specified in the provided filing summary.
- Filing info and timeliness: Form 4 filed 2026-03-30 (Accession No. 0001140361-26-012081); filing appears timely relative to the reported transaction date.
Context Withholding shares to cover taxes is a routine administrative disposition when restricted stock vests and does not necessarily signal a change in the insider’s view of the company. This is different from an open-market sale (which can signal liquidity or a change in sentiment) or a purchase (which can be seen as a bullish signal).
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-26$2.04/sh−81,666$166,599→ 557,900 total
Footnotes (1)
- [F1]Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.