Lee Stephen 4

What Happened
Lee Stephen, a director of Prairie Operating Co. (PROP), had 15,544 shares withheld on June 4, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock. The shares were valued at $0.87 each, a total of roughly $13,523. This was not an open-market sale by the insider but a routine share withholding to cover taxes.

Key Details

• Reported transaction date: 2026-06-04 (Form 4 filed 2026-06-08).
• Transaction type/code: F — shares withheld to pay tax liability upon vesting.
• Shares affected: 15,544 shares withheld at $0.87 per share; total ≈ $13,523.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: Form 4 was filed on June 8, 2026, which is within the typical two-business-day reporting window for a June 4 transaction.

Context
Share-withholding for taxes is a routine, administrative disposal and does not necessarily indicate the director is reducing exposure to the company. This was a withholding related to restricted stock vesting (footnote: shares were withheld upon vesting to satisfy tax withholding obligations).