Prairie Operating (PROP) Director Jonathan H. Gray Receives 100k RSU Award

What Happened

• Jonathan H. Gray, a director of Prairie Operating Co. (PROP), was granted 100,000 restricted stock units (RSUs) on July 21, 2026. The Form 4 reports an acquisition (code A) of 100,000 RSUs at $0.00 (no purchase price). These RSUs represent the contingent right to receive one share per RSU upon vesting; the award will vest in full on June 3, 2027. Because this is an equity award (not an open‑market purchase), it is not an immediate cash investment.

Key Details

• Transaction date: 2026-07-21; filing date: 2026-07-23 (filed within the typical two-business-day Form 4 window).
• Reported amount: 100,000 RSUs; reported price/value: $0.00 (grant of contingent units).
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs granted under the 2024 Amended & Restated Prairie Operating Co. Long‑Term Incentive Plan; each RSU converts to one common share on vesting; full vesting on June 3, 2027.

Context

• RSUs are a common form of director/executive compensation and represent a future right to shares subject to vesting conditions; they can be forfeited if vesting conditions aren’t met. Such awards are informational about compensation but do not indicate an immediate purchase or sale of stock.