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PROP Prairie Operating Co. Insider Trading

Latest: Director Bought $66K of Shares · May 2026

Multiple insiders have been active at Prairie Operating Co. (PROP): 11 distinct insiders account for 26 buy filings and 0 sell filings as of May 2026. Its highest-significance filing in the last 90 days: Director Frommer Richard N. bought $66K, transaction dated May 2026.

26 filings analyzed · Latest 2026-05-20

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Buys
26
Sells
0
Insiders
11
Direction
Net buying

Prairie Operating Co. leadership

CEO
Gregory S. Patton — Chief Executive Officer
CFO
Michael Shelly — Executive Vice President and Chief Financial Officer
General Counsel
Daniel T. Sweeney — Executive Vice President, General Counsel and Corporate Secretary
Chair
Erik Thoresen — Chairman

Historically, medium-priority insider buys have outperformed the S&P 500 by a median ~1% over the 30 days after the trade — the edge is concentrated in that first month (n ≈ 7,162, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-20
medium
75,500 shares
$65,685
@ $0.87
Significance 3

PROP director Frommer bought 75,500 shares at $0.87; stock now $0.83, down 81.1% from 52-week high of $4.39.

Richard N. Frommer (Director) purchased 75,500 shares of Prairie Operating Co. at $0.87 on 2026-05-19, increasing his holdings from 129,872 shares to 205,372 shares. The stock currently trades at $0.83, down 27.8% over 30 days and 57.6% over 90 days. Across his prior five buys at this ticker, the insider's average 30-day return was -14.2% and average 90-day return was -34.8%, with a 0.00% win rate at the 90-day mark. The company is reporting significant fundamentals deterioration: a net loss of $152,673,000 against revenue of $83,417,000, though annual revenue growth reached +2943.8%.

2026-05-20
medium
EVP, GC and Corp. Sec.
15,925 shares
$14,173
@ $0.89
Significance 3

EVP Sweeney buys 15,925 shares of PROP at $0.89 amid -81.1% decline from 52-week high; holds 566,534 shares post-transaction

Sweeney Daniel T. purchased 15,925 shares at $0.89 on 2026-05-19, increasing his holdings to 566,534 shares (+2.9% from prior level). The purchase occurred while the stock trades at $0.83 — a level 81.1% below the 52-week high of $4.39 and down 27.8% over 30 days and 57.6% over 90 days. Despite the severe recent price compression, PROP's fundamentals show a net loss of $152.7M against latest-quarter revenue of $83.4M, alongside extreme historical volatility (52-week range $0.77–$4.39). The magnitude of accumulated losses relative to market cap ($81.1M) indicates ongoing operational stress. Investors should monitor whether this buy reflects contrarian positioning by company leadership or simply routine insider participation in the recovery of a distressed equity.

January 2026
2026-01-02
medium
Significance 4

10% Owner Narrogal Nominees purchases 210,981 shares of PROP at $1.61 on 2025-12-29; stock now -80.7% from 52-week high.

Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust, holding 15.48M shares post-transaction (a 10% stake), purchased 210,981 shares at $1.61 on 2025-12-29, adding to a pattern of five rapid buys across four consecutive days (2025-12-17 through 2025-12-24). The current price of $1.83 reflects a -80.7% decline from the 52-week high of $9.50, situating these purchases at depressed valuations, though the 30-day trend is modest at +1.1%. The insider's cross-ticker track record shows an average 30-day return of -1.4% across 20 prior buys, offering limited predictive evidence. PROP itself faces structural challenges: the company was unprofitable over its most recent full fiscal year despite revenue of $77.7M (latest quarter) and explosive 413.6% annual revenue growth, suggesting cash burn or operational stress that merits scrutiny alongside the rapid accumulation pattern.

December 2025
2025-12-29
medium
Significance 4

10% owner Narrogal Nominees (Gregory K O'Neill Family Trust) bought 83,825 shares at $1.68 across two transactions, expanding holdings to 15,270,622 shares.

A 10% owner acquired 83,825 shares in 2 separate purchases totaling $140,826.00 at $1.68 per share on 2025-12-19 and 2025-12-24, increasing post-transaction holdings from 15,186,797 to 15,270,622 shares. The current stock price of $1.78 sits -81.3% from the 52-week high of $9.50, having declined -10.3% over the prior 90 days. While the company reports strong revenue growth (+413.6% year-over-year) and a low P/E of 4.68, it remained unprofitable over the most recent full fiscal year, raising questions about earnings quality. The insider's cross-ticker buying track record shows an average 30-day return of -1.7% on 20 prior buys, and all 5 recent same-ticker transactions at PROP occurred within days of this filing, with none yet measurable in outcome.

2025-12-18
high
Significance 6

10% owner Narrogal Nominees Pty Ltd purchases 193,518 shares at $1.68 across 5 tranches (Dec 16–18); stock -82.3% from 52-week high, recent buys at same ticker.

Narrogal Nominees Pty Ltd (Gregory K O'Neill Family Trust) executed 5 separate purchases totaling 193,518 shares for $325,047.19 at $1.68 per share, increasing holdings by 1.3% to 15,186,797 shares. The timing is notable: the current price of $1.68 is -82.3% from the 52-week high of $9.50, and the 30-day price change is -7.2%, indicating sustained downward momentum. The insider has 5 prior trades at this ticker within the prior two weeks (Dec 10, 12, and 15), all buys, suggesting repeated accumulation during a sharp decline. Cross-ticker track record shows an average 30-day return of -2.8% on 16 prior buys, so this insider's historical timing on open-market purchases has not been favorable. The company's fundamentals show rapid annual revenue growth of +413.6% and a low P/E of 4.42, but the full-year net income was negative despite recent quarterly profitability ($1.3M). Investors should note the sustained accumulation pattern and price decline context, though outcomes of the prior same-ticker buys remain unmeasurable.

2025-12-15
high
1,213,412 shares
$2,055,439
@ $1.69
Significance 7

Gregory K O'Neill Family Trust accumulates 1,213,412 shares (1.21M) for $2,055,439.09 in 7 transactions at PROP, raising stake to 14,993,279 shares (14.99M).

Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust, a 10% owner, executed 7 separate open-market purchases totaling 1,213,412 shares for $2,055,439.09 between November 20 and December 15, 2025, at an average price of $1.69. The purchase sequence concentrated heavily at the $1.71 price point (five of seven transactions) and included a substantial 800,000-share purchase at $1.69 on December 15. The stake expanded 8.8% to 14,993,279 shares. However, context tempers the bullish signal: the stock is currently priced at $1.67, down 82.4% from a 52-week high of $9.50, down 4.0% over 30 days, and down 22.3% over 90 days. Prairie Operating Co. was unprofitable on a full-year basis despite achieving 413.6% annual revenue growth to $77.7M, and the company's net income is $1.3M (quarterly). The insider's cross-ticker buy track record shows an average 30-day return of -1.3% across 9 prior trades, indicating a pattern of purchases that have not quickly generated positive returns.

November 2025
2025-11-26
high
Significance 5

10% owner Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust bought 3,831 shares at $1.70 on 2025-11-24 amid stock down 81.0% from 52-week high.

Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust, a 10% owner, purchased 3,831 shares at $1.70 on 2025-11-24, adding to a pattern of five purchases at PROP between 2025-11-19 and 2025-11-21, all recently executed with no yet-measurable outcomes. The timing is notable given Prairie Operating Co. stock is trading at $1.81 (current), down 81.0% from its 52-week high of $9.50 and down 28.7% over the past 90 days, though revenue grew 413.6% year-over-year to $77.7M. The company remains unprofitable on a full-year basis despite recent profitability in the latest quarter ($1.3M net income), creating mixed fundamental signals. Rapid consecutive purchases by a major shareholder in a deeply depressed stock warrant investor attention to both the underlying operational recovery and broader liquidity or control dynamics at the company.

2025-11-24
high
1,736,422 shares
$2,978,424
@ $1.72
Significance 7

Gregory K O'Neill Family Trust (10% owner) acquired 1,736,422 shares for $2,978,424.45 across 8 purchases Nov 14-21 at blended average $1.72.

Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust executed 8 separate purchases totaling 1,736,422 shares for $2,978,424.45 between Nov 14-21, with a blended average price of $1.72, increasing holdings by 14.4% to 13,776,036 shares. The stock has declined -81.4% from its 52-week high of $9.50 and is down -33.7% over 90 days, trading at $1.77 current price. The company shows strong annual revenue growth of +413.6% to $77,721,000, yet remains unprofitable on a full-year basis with net income of negative dollars, and carries a low P/E of 4.66. The insider's prior cross-ticker track record shows only 2 buys, and same-ticker outcomes are not yet measurable. This series of accumulations during a steep downtrend, by a significant shareholder, provides data on insider positioning but no measurable pattern of prior trade timing to assess predictive value.

September 2025
2025-09-08
medium
89,000 shares
$187,790
@ $2.11
Significance 5

Director Gray buys 89,000 shares of PROP at $2.11; stock down 82.5% from 52-week high; 3 other insiders also bought in past 14 days.

Jonathan H. Gray, a Director, purchased 89,000 shares at $2.11 on September 5, 2025, increasing his holdings by 15.2% to 675,817 shares. The purchase occurs after PROP has declined significantly: the stock is now -82.5% from its 52-week high of $11.87 and down -36.2% over the past 30 days. Notably, three other insiders bought within the past 14 days, establishing a clustering pattern of insider acquisition. Fundamentally, the company reported $68.1M in quarterly revenue, $35.7M in net income, and 413.6% annual revenue growth, though it was unprofitable over its most recent full fiscal year. Gray's own track record at this ticker shows mixed outcomes: his 2023 buy returned +329.7% over 90 days, but his 2025-05-21 buy returned -42.4% over 90 days, and two recent August buys remain unmeasured. This filing represents an open-market director purchase during a period of stock price weakness and coordinated insider buying activity.

2025-09-03
high
2,500 shares
$6,275
@ $2.51
Significance 6

Director Lee Stephen buys 2,500 shares of PROP at $2.51; stock down -81.0% from 52-week high, 4 other insiders also bought in past 14 days

Lee Stephen purchased 2,500 shares at $2.51 on 2025-09-02, bringing his holdings to 112,715 shares. The purchase occurs while PROP trades -81.0% from its 52-week high of $11.87 and has declined -42.8% over the past 90 days, creating a marked disconnect between recent price action and recent fundamentals. Most notably, a cluster of 4 other insiders also bought within the past 14 days, suggesting coordinated or mutually-reinforcing conviction at depressed levels. This multi-insider pattern warrants scrutiny given the company's full-year profitability challenge: while the latest quarter showed $35.7M net income on $68.1M revenue, the company was unprofitable over its most recent full fiscal year. The cluster buy pattern and substantial valuation reset demand investigation into whether insiders are identifying a genuine disconnect between near-term price action and underlying business fundamentals, or whether broader operational pressures are being masked by temporarily strong quarterly results.

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