{"url_path":"/sec/prop/8-k/2026-07-22/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-22","source_url":"https://www.sec.gov/Archives/edgar/data/1162896/0001140361-26-029210-index.html","accession_number":"0001140361-26-029210","cik":"0001162896","ticker":"PROP","issuer_name":"Prairie Operating Co.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1162896/0001140361-26-029210-index.html","primary_entity_key":"0001162896","primary_entity_name":"Prairie Operating Co."},"word_count":218,"has_tables":true,"body_markdown":"Item 5.02\n\nDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\n \n\nOn July 21, 2026, Stephen Lee resigned from the Board of Directors (the “Board”) of Prairie Operating Co. (the “Company”). Mr. Lee’s resignation was not the result of any disagreement with the Company or the Board on any matter relating to the Company’s operations, policies, or practices.\n\n \n\nOn July 21, 2026, the Board elected Jennifer Grigsby as a member of the Board, filling the vacancy occurring due to the resignation of Mr. Lee. It is expected that Ms. Grigsby will be appointed as Chair of the Compensation Committee and as a member of each of the Nominating & Governance Committee and the Audit Committee of the Board.\n\n \n\nAs compensation for her service on the Board, Ms. Grigsby will receive the Company’s standard compensation for non-employee directors as disclosed in the Company’s proxy statement filed with the Securities and Exchange Commission (“SEC”) on April 23, 2026, which disclosure is incorporated by reference into this Item 5.02.\n\n \n\nThe Company and Ms. Grigsby will enter into the Company’s standard form of indemnification agreement for directors, a copy of which was previously filed as Exhibit 10.8 to the Company’s Annual Report on Form 10-K filed with the SEC on March 31, 2026."}