Prairie Operating (PROP) Director Erik Thoresen Receives RSU Award

What Happened

• Erik Thoresen, a director of Prairie Operating Co. (PROP), received a grant of 100,000 restricted stock units (RSUs) on July 21, 2026.
• The grant was reported on Form 4 as an acquisition at $0.00 per unit (total reported acquisition value $0). These RSUs are a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date and reporting: grant dated 2026-07-21, Form 4 filed 2026-07-23.
• Price: $0.00 per RSU (award/ grant code A).
• Quantity: 100,000 RSUs.
• Vesting: the 100,000 RSUs will vest in full on June 3, 2027 (see footnote F1).
• Shares owned after transaction: not specified in this filing.
• Filing timeliness: filed within the typical Section 16 reporting window (no late filing indicated).
• Footnote: F1 confirms each RSU converts to one share of common stock upon vesting under the company’s 2024 Amended & Restated LTIP.

Context

• RSUs are a form of equity compensation that give the holder the right to receive shares upon vesting; they do not represent immediately tradable stock and do not indicate an immediate cash investment by the insider.
• Such awards are common for aligning directors/executives with shareholder interests; tax withholding or share settlement details (if any) are not disclosed in this filing.