Michael James Shelly - 21 Jul 2026 Form 4 Insider Report for Prairie Operating Co. (PROP)

Reporting relationship: Executive Vice President & CFO
Issuer ticker: PROP
Reported as of: 21 Jul 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 23 Jul 2026, 18:25:08 UTC
Source filing: View source filing
Reporting owner signature: /s/ Daniel T. Sweeney, attorney-in-fact

Key filing fact

Michael James Shelly filed Form 4 for Prairie Operating Co. (PROP) on 23 Jul 2026.

Key facts

This page summarizes Michael James Shelly's Form 4 filing for Prairie Operating Co. (PROP).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 23 Jul 2026, 18:25.

Change

No earlier filing in this sequence is available for direct comparison.
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 0002142547 Primary reporting owner

Shelly Michael James

Relationship: Executive Vice President & CFO
Address: 55 WAUGH DRIVE, SUITE 400, HOUSTON
Signature: /s/ Daniel T. Sweeney, attorney-in-fact
Signature date: 23 Jul 2026

Reported non-derivative transactions

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

PROP transaction

Common Stock

Award

Transaction value
Shares: +840,000
Change %
Price: $0.000000^*
Shares after: 840,000
Date: 21 Jul 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

PROP transaction Derivative

Performance Units

Award

Transaction value
Shares: +560,000
Change %
Price: $0.000000^*
Shares after: 560,000
Date: 23 Jul 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 560,000
Exercise price
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents restricted stock units ("RSUs") granted under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan (as amended, the "LTIP"). Each RSU represents a contingent right to receive, upon vesting, one share of common stock, par value $0.01 per share ("Common Stock"), of Prairie Operating Co. (the "Issuer"). The 840,000 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on June 23, 2027.

Footnote F2

Represents an award of performance units representing a contingent right to receive one share of Common Stock of the Issuer per performance unit. Between 50% and 200% of the target number of performance units granted, which were granted under the LTIP, are eligible to vest during a performance period beginning on June 23, 2026 and ending on June 30, 2029 based on continued employment and the Issuer's relative total shareholder return in comparison to the total shareholder return performance among the Peer Companies (as defined in the award agreement).