Welcome to our dedicated page for Prairie Operating SEC filings (Ticker: PROP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Prairie Operating Co. (Nasdaq: PROP) SEC filings, offering a view into how the company reports its business, governance, and capital markets activity in official documents. Prairie is an independent energy company focused on oil, natural gas, and NGL development and acquisitions in the Denver‑Julesburg (DJ) Basin, and its filings supply structured detail on these activities.
Investors can review Form 8‑K current reports in which Prairie furnishes quarterly earnings press releases under Item 2.02, disclosing financial and operating results such as revenues, production volumes, and the company’s use of non‑GAAP measures like Adjusted EBITDA. Other 8‑Ks describe material events including the reaffirmation of a reserve‑based lending facility, entry into an Equity Distribution Agreement for potential at‑the‑market common stock offerings, and changes to executive employment agreements.
Additional 8‑K filings document auditor changes, where the Audit Committee approved the engagement of a new independent registered public accounting firm and reported that there were no disagreements or reportable events with the prior auditor as defined in SEC rules. These filings also confirm Prairie’s incorporation in Delaware and its principal offices in Houston, Texas.
On Stock Titan, Prairie’s filings are updated as they are made available through EDGAR. AI‑powered tools can help summarize lengthy disclosures, highlight key items such as financing arrangements, hedging descriptions, and compensation changes, and make it easier to locate specific information across the company’s filing history. Users can also focus on filings related to capital raising, credit facilities, and other events that the company identifies as material to its DJ Basin development and acquisition strategy.
Prairie Operating Co. is holding its 2026 annual stockholders meeting on June 3, 2026 in Loveland, Colorado, with April 15, 2026 as the record date and 97,344,348 common shares entitled to vote. Stockholders will elect four directors and vote on ratifying Deloitte as independent auditor for 2026.
The proxy details a board led by independent chairman Erik Thoresen and interim President and CEO Richard Frommer, with fully independent audit, compensation, and nominating committees. The company targets executive pay around the 75th market percentile and in 2025 granted large one-time RSU and performance unit awards to senior executives after major acquisitions and financing milestones.
Former CEO Edward Kovalik received 2025 total compensation of $6,932,933 and later a severance package and accelerated vesting of time-based equity upon his March 2026 resignation. The filing also describes a $5,000,000 subordinated note and related warrants provided by entities controlled by director Jonathan Gray, as well as ownership caps and voting restrictions tied to large preferred and warrant holders.
Prairie Operating Co. reported that director Gizman I. Abbas has submitted his resignation from the Board of Directors, effective May 15, 2026. The company states that his decision is not due to any disagreement with the company or its Board regarding operations, policies, or practices.
Abbas has served on the Compensation Committee and Audit Committee, and chaired the Nominating and Governance Committee. Board leadership and the interim CEO thanked him for his service and highlighted his contributions to Prairie’s strategic direction. Prairie describes itself as an independent energy company focused on oil, natural gas, and natural gas liquids development in the Denver-Julesburg (DJ) Basin, particularly the Niobrara and Codell formations.
Prairie Operating Co. entered a letter agreement with Hudson Bay PH XIX LLC to reshape its Series F Convertible Preferred Stock financing. The company will repurchase 13,727 Series F preferred shares for $18,999,047.64 in cash, plus accrued dividends paid in common stock.
In exchange, Prairie issued a First Penny Warrant to High Trail to buy 4,000,000 common shares at $0.01 per share and may issue a Second Penny Warrant for 3,000,000 shares on similar terms if certain “Anniversary Warrants” are not issued by July 8, 2026. High Trail waives a previously announced $3.0 million cash extension fee once conditions are met, while key warrant and conversion terms, cash sweep percentages, and warrant registration and participation rights (up to 35% of future equity or equity‑linked offerings for 18 months) are revised.
Prairie Operating Co. discloses changes to a previously agreed financing involving its Series F Preferred Stock and related warrants. The company had sold 148,250 shares of Series F Preferred Stock, each with a stated value of $1,000, and agreed to issue anniversary warrants tied to the trading price of its common stock.
The new amendment shifts the anniversary warrant issuance date from April 7, 2026 to April 9, 2026 and updates related warrant footnotes. It also adds a commitment for Prairie Operating to pay the investors an aggregate $3 million on April 9, 2026, unless the buyers waive this payment in their sole discretion.
Prairie Operating Co. executive Daniel T. Sweeney, EVP, General Counsel and Corporate Secretary, reported a tax-related share disposition. On the vesting of restricted stock, 81,666 shares of common stock were withheld at $2.04 per share to satisfy tax withholding obligations. This was an automatic withholding, not an open-market sale. After this transaction, Sweeney directly held 557,900 common shares of Prairie Operating Co.
Prairie Operating Co. executive Daniel T. Sweeney, EVP, General Counsel and Corporate Secretary, reported a tax-related share disposition. On the vesting of restricted stock, 81,666 shares of common stock were withheld at $2.04 per share to satisfy tax withholding obligations. This was an automatic withholding, not an open-market sale. After this transaction, Sweeney directly held 557,900 common shares of Prairie Operating Co.
Prairie Operating Co. executive vice president and CFO Gregory Scott Patton reported a tax-related share disposition. On this Form 4, 96,979 shares of common stock were withheld at $2.04 per share upon vesting of restricted stock to satisfy tax withholding obligations. Following this non-open-market transaction, he directly holds 691,224 common shares.
Prairie Operating Co. executive vice president and CFO Gregory Scott Patton reported a tax-related share disposition. On this Form 4, 96,979 shares of common stock were withheld at $2.04 per share upon vesting of restricted stock to satisfy tax withholding obligations. Following this non-open-market transaction, he directly holds 691,224 common shares.
Prairie Operating Co. director ABBAS GIZMAN I had 8,333 common shares withheld to cover taxes on vested restricted stock at $2.04 per share. This tax-withholding disposition was not an open-market sale and reflects routine equity compensation mechanics. Following the transaction, the director directly holds 101,882 common shares.
Prairie Operating Co. director ABBAS GIZMAN I had 8,333 common shares withheld to cover taxes on vested restricted stock at $2.04 per share. This tax-withholding disposition was not an open-market sale and reflects routine equity compensation mechanics. Following the transaction, the director directly holds 101,882 common shares.
Prairie Operating Co. director Stephen Lee reported a routine tax-related share disposition. On the vesting of restricted stock, 8,333 common shares were withheld at $2.04 per share to satisfy tax withholding obligations. After this non-market transaction, he directly held 104,382 common shares.
Prairie Operating Co. director Stephen Lee reported a routine tax-related share disposition. On the vesting of restricted stock, 8,333 common shares were withheld at $2.04 per share to satisfy tax withholding obligations. After this non-market transaction, he directly held 104,382 common shares.
Prairie Operating Co. Executive Vice President of Operations Bryan Freeman reported a routine tax-related share disposition. On the vesting of restricted stock, 76,668 shares of common stock were withheld at $2.04 per share to satisfy tax withholding obligations. After this non-market transaction, Freeman continues to hold 634,970 common shares directly.
Prairie Operating Co. Executive Vice President of Operations Bryan Freeman reported a routine tax-related share disposition. On the vesting of restricted stock, 76,668 shares of common stock were withheld at $2.04 per share to satisfy tax withholding obligations. After this non-market transaction, Freeman continues to hold 634,970 common shares directly.