Jonathan H. Gray - 20 Apr 2026 Form 4 Insider Report for Prairie Operating Co. (PROP)

Reporting relationship: Director
Issuer ticker: PROP
Reported as of: 20 Apr 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 09 Jun 2026, 18:43:30 UTC
Prior SEC filing: 08 Sep 2025
Next SEC filing: 23 Jul 2026
Source filing: View source filing
Reporting owner signature: /s/ Jonathan Gray

Key filing fact

Jonathan H. Gray filed Form 4 for Prairie Operating Co. (PROP) on 09 Jun 2026.

Key facts

This page summarizes Jonathan H. Gray's Form 4 filing for Prairie Operating Co. (PROP).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 09 Jun 2026, 18:43.

Change

Previous filing in this sequence was filed on 08 Sep 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001977414 Primary reporting owner

Gray Jonathan H.

Relationship: Director
Address: 55 WAUGH DRIVE, SUITE 400, HOUSTON
Signature: /s/ Jonathan Gray
Signature date: 09 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PROP transaction

Common Stock

Other

Transaction value
Shares: +396,901
Change %: +172%
Price: $1.81^*
Shares after: 627,060
Date: 20 Apr 2026
Ownership: Held by First Idea Ventures LLC
Footnotes: F1

PROP transaction

Common Stock

Other

Transaction value
Shares: +140,497
Change %: +88%
Price: $1.81^*
Shares after: 300,496
Date: 20 Apr 2026
Ownership: Held by First Idea International Ltd.
Footnotes: F1

PROP transaction

Common Stock

Tax liability

Transaction value
Shares: -15,544
Change %: -2.3%
Price: $0.8700^*
Shares after: 660,273
Date: 04 Jun 2026
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PROP transaction Derivative

Series D Convertible Preferred Stock

Other

Transaction value
Shares: -720
Change %: -96%
Price
Shares after: 30
Date: 20 Apr 2026
Ownership: Held by First Idea Ventures LLC
Underlying class: Common Stock
Underlying amount: 144,000
Exercise price: $5.00
Footnotes: F1, F3

PROP transaction Derivative

Series D Convertible Preferred Stock

Other

Transaction value
Shares: -255
Change %: -100%
Price
Shares after: 0
Date: 20 Apr 2026
Ownership: Held by First Idea International Ltd.
Underlying class: Common Stock
Underlying amount: 50,974
Exercise price: $5.00
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Prairie Operating Co. (the "Company") entered into preferred stock conversion agreements with certain holders of its Series D Convertible Preferred Stock, including First Idea Ventures LLC and First Idea International Ltd., pursuant to which, among other things, the shares of Series D Convertible Preferred Stock held by such holders were converted into shares of the Company's common stock, par value $0.01 per share, upon the terms set forth therein.

Footnote F2

Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.

Footnote F3

The Series D Convertible Preferred Stock has no expiration date.