SEC Form 4 · accession 0001140361-26-024676

Prairie Operating Co. · PROP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Apr 20, 2026

Accepted (ET)

Jun 9, 2026 · 6:43 pm EDT

Rule 10b5-1 plan

box not checked

Issuer CIK

0001162896

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Apr 20, 2026	J	396,901	$1.81	A	627,060	I	Held by First Idea Ventures LLC
Common Stock	Apr 20, 2026	J	140,497	$1.81	A	300,496	I	Held by First Idea International Ltd.
Common Stock^F2	Jun 4, 2026	F	15,544	$0.87	D	660,273	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series D Convertible Preferred Stock^F1,F3	$5.00	Apr 20, 2026	J	720	D	May 3, 2023	—	Common Stock	144,000	30	I
Series D Convertible Preferred Stock^F1,F3	$5.00	Apr 20, 2026	J	255	D	May 3, 2023	—	Common Stock	50,974	0	I

F1Prairie 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.
F2Represents shares that were withheld upon vesting of restricted stock to satisfy tax withholding obligations.
F3The Series D Convertible Preferred Stock has no expiration date.